Texas State Association of Electrical Workers
Nonprofit profile at a glance
- EIN
- 742393750
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Waco, TX, USA
- Phone
- 2547543121
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $124,483
- Expenses
- $138,127
- Assets
- $366,741
- Liabilities
- $456
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Price Warwick III (President)
People named in this filing
- Price Warwick III (President)
- Craig Miller (Sec-Treas)
- Joshua Worthey (District 1 VP)
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
The mission of the Organization is 1) to coordinate the political and legislative efforts of the Local Unions of the International Brotherhood of Electrical Workers (IBEW) in the State of Texas, 2) to promote such legislation that will benefit the members of our craft and all working men and women, and 3) to facilitate the coordination of education, training, and safety programs of all the IBEW Local Unions in the State of Texas.
What it reported doing in 2024
The Program Service Accomplishments include 1) work with State Representatives to ensure certain legislation proposed that is detrimental to workers in Texas is not passed into law, 2) help certain State Representatives by supporting legislation to help the safety of workers in the State of Texas, and 3) provide funding to various Organizations to promote the mission of this Organization and the welfare of workers in Texas.
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
- Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.
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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.8%; rating input score 83
- Program expense ratio: 74.6%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -11%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 2.66; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 43.4% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 82.8% of revenue deployed · 74.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $103K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Officer compensation ratio scored 23/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.