Certified Welding Bureau

Nonprofit profile at a glance

EIN
362002476
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Burr Ridge, IL, USA
Phone
3123841220
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$57,107
Expenses
$66,185
Assets
$60,681
Liabilities
$23,391

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JOHN STERN (Vice President)
  • JOHN ROBERTSON (President)

People named in this filing

  • JOHN STERN (Vice President)
  • JOHN ROBERTSON (President)
  • DAN BULLEY (Executive Direc)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To engage in research & educational work that will assist the contractor in furnishing the public safe, dependable installations. To keep members of the bureau informed of the latest scientifically proven methods and supply of information and data. To establish uniform procedures which conform with name and state codes for the various methods of welding.

What it reported doing in 2024

To test welders to qualify individuals for contracts

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.9%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -15.9%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -0% per year; rating input score 0; 48th percentile among comparable filings
  • Revenue growth: -1.2% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $65K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 11 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.