Ibew Local 25 Scholarship Fund
Nonprofit profile at a glance
- EIN
- 831355016
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Hauppauge, NY, USA
- Phone
- 6312734567
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $211,065
- Expenses
- $201,347
- Assets
- $167,905
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- SEAN MEEHAN (Trustee)
- KEVIN CASEY (Trustee)
- JOHN GUADAGNO (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
This trust is created and shall be operated exclusively to establish a scholarship fund for students who are children of members in good standing of ibew local 25 and in that connection to solicit funds, to hold meetings, seminars and gatherings, hold dinners and other affairs, sell tickets thereto, publish souvenier journals and solicit ads for such journals for the better realization of the above purpose.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 99% of its reported program spending for member benefits.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 90
- Accountability: 0
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.4%; rating input score 60
- Program expense ratio: 63.3%; rating input score 63
- Fundraising efficiency: $2.86 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
- Governance controls: 0 of 7 controls in place; rating input score 0
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.6%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.83; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.9% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 10% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 60.4% of revenue deployed · 63.3% of spending went to programs
- Governance: 0 of 4 board members independent · 0 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $127K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 2 filed schedules
- 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 — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 6 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 13/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.