Western Electrical Contractors Education Foundation
Nonprofit profile at a glance
- EIN
- 203421193
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Rancho Cordova, CA, USA
- Phone
- 9164530112
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $176,312
- Expenses
- $66,862
- Assets
- $387,929
- Liabilities
- $56,571
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DANA PEARL (PRESIDENT)
People named in this filing
- DANA PEARL (PRESIDENT)
- TIM BOSLEY (TREASURER)
- MELISSA BRADWAY (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wecef works with industry and community partners to acquire charitable contributions, in-kind donations and grants that provide employment and career opportunities, help ensure that the men and women working in the electrical trade realize the benefits of this career choice, create collaborative outreach efforts to inform minority groups, particularly women, about the opportunities in the electrical trade, boost the overall perception in the electrical construction industry by increasing instructor time spent in school environments and by increasing outreach efforts through partnering with educational organizations, increase the awareness of educational opportunities in the electrical trade, increase the number and size of electrical training facilities, enhance and develop diverse electrical training courses, upgrade and create laboratory facilities and equipment to offer men and women the opportunity to train in the latest electrical techniques in order to meet California's demand.
What it reported doing in 2024
Establish education curriculum for training electricians, set up laboratory, serving 5,900 students during the year, scholarships.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 100
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 32.5%; rating input score 32
- Program expense ratio: 84.2%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 62.1%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 5.8; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.5% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 17.5% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 32.5% of revenue deployed · 84.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.