Ibew Local 5 W Pa Chapter Neca Scholarship Trust Fund

Nonprofit profile at a glance

EIN
256086414
IRS 990 coverage
2022–2023
Forms available
Form 990 2023
Location
Pittsburgh, PA, USA
Phone
4124321155
Rating
56
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$154,321
Expenses
$167,954
Assets
$3,429,941
Liabilities
$300,322

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Highest reported compensation

  • THOMAS MCINTYRE (CHAIRMAN): $190,517 total reported compensation
  • MICHAEL VARHOLLA (TRUSTEE): $165,377 total reported compensation
  • ALFRED FRANKLIN (TRUSTEE): $164,587 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The i.b.e.w. Local union no. 5 and western Pennsylvania chapter, n.e.c.a. Scholarship trust fundwas established for the charitable and educational purposes of awarding scholarships to dependents of i.b.e.w. Local union no. 5 and western Pennsylvania chapter, n.e.c.a members.

What it reported doing in 2023

Scholarships to dependents of i.b.e.w. Local union no. 5 and western Pennsylvania chapter, n.e.c.a members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

MIXED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 60
  • Accountability: 21
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.4%; rating input score 92
  • Program expense ratio: 61.9%; rating input score 62
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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; 7th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.8%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 20.42; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -22.2% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 73.1% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 92.4% of revenue deployed · 61.9% of spending went to programs
  • Governance: 0 of 6 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $104K in reported program spending
  • Leadership: top reported pay $191K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.