Gadsdenanniston Joint Apprenticesh & Journeyman Training Fd Local 498

Nonprofit profile at a glance

EIN
630595359
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Gadsden, AL, USA
Phone
2565465426
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Job Training

Reported finances

Revenue
$56,129
Expenses
$76,287
Assets
$12,496
Liabilities
$566

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • GARRY L FROST (TREASURER/TR)
  • BOBBY H COLVIN (CHAIRMAN/TRU)
  • CHRISTOPHER A BELL (APPR/ CO-ORD)

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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Apprentice & journeyman training shcool

What it reported doing in 2014

Apprentice & journeyman training school

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.4%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -35.9%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 44.4%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -10.4% per year; rating input score 0; 32nd percentile among comparable filings
  • Revenue growth: -4.4% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: -24% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 93.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $71K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Operating margin scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.