International Electrical Testing Association Inc

Nonprofit profile at a glance

EIN
132983834
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Portage, MI, USA
Phone
2694886382
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$4,798,387
Expenses
$4,724,833
Assets
$5,113,369
Liabilities
$1,475,898

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

Leadership & pay

12 people listed

Executive titles in this filing

  • DANIEL HOOK (PRESIDENT)

People named in this filing

  • BRYANT PHILLIPS (EXECUTIVE DI)
  • DANIEL HOOK (PRESIDENT)
  • CHASEN TEDDER (VICE PRESIDE)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve the electrical testing industry by establishing standards; publishing specifications; accrediting independent, third party, electrical testing companies; certifying test technicians; and promoting the professional services of its members. The association also collects and disseminates information and data of value to the electrical industry and educates the public and end user about the merits of electrical acceptance and maintenance testing.

What it reported doing in 2024

Neta world, the official publication of the international electrical testing association, is the electrical testing industry's leading technical journal for up-to-date information on products, services, tips and techniques. Each quarter, neta world delivers coverage of the latest industry trends, technology breakthroughs, new products, and solutions, as well as maintenance and troubleshooting tips for power distribution systems. Neta world also offers customer case studies, training information, and helpful links to scores of in-depth resources. Neta world has a readership of over 80,000 worldwide. This quarterly technical journal is distributed through the following avenues: o paid subscriptions purchased by individuals or corporations actively involved in the electrical testing industry. O distribution to neta accredited companies and affiliates to the technical industry. O reciprocal subscriptions to qualified industry analysts, consultants, and training providers. O complimentary copies to direct customers of neta or individuals requesting information about the association's products or services. O special promotions, events, and other nationwide marketing efforts.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.4%; rating input score 75
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 75.4% of revenue deployed · 70% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $3.3M in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.