Civic Intelligence

Electrical Industry Educational Fund

990 • Fiscal year 2018 • EIN 23-7431653

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 12, 2019

S 3546 California RoadOrchard Park, NY 14127

(716) 662-6122

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

71st percentile

14%

Higher net margin than 71% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

42nd percentile

-0.9%

Faster asset growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-9.0%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,875,647

Down $26,975 (-0.9%) from 2017

Net Assets

Down

$2,866,802

Down $26,230 (-0.9%) from 2017

Liabilities

Down

$8,845

Down $745 (-7.8%) from 2017

Revenue

Down

$867,104

Down $86,201 (-9.0%) from 2017

Expenses

Up

$749,753

Up $100,049 (+15%) from 2017

Net Income

Down

$117,351

Down $186,250 (-61%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $686,258Liabilities 2010: $2,373Net Assets 2010: $683,8852010Assets 2011: $1,100,155Liabilities 2011: $3,544Net Assets 2011: $1,096,6112011Assets 2012: $1,387,663Liabilities 2012: $2,516Net Assets 2012: $1,385,1472012Assets 2013: $1,660,246Liabilities 2013: $19,626Net Assets 2013: $1,640,6202013Assets 2014: $1,914,680Liabilities 2014: $21,730Net Assets 2014: $1,892,9502014Assets 2015: $2,039,860Liabilities 2015: $6,742Net Assets 2015: $2,033,1182015Assets 2016: $2,531,671Liabilities 2016: $11,348Net Assets 2016: $2,520,3232016Assets 2017: $2,902,622Liabilities 2017: $9,590Net Assets 2017: $2,893,0322017Assets 2018: $2,875,647Liabilities 2018: $8,845Net Assets 2018: $2,866,8022018Assets 2019: $3,088,992Liabilities 2019: $15,676Net Assets 2019: $3,073,3162019Assets 2020: $3,255,952Liabilities 2020: $15,982Net Assets 2020: $3,239,9702020Assets 2021: $3,443,415Liabilities 2021: $16,601Net Assets 2021: $3,426,8142021Assets 2022: $3,065,440Liabilities 2022: $16,990Net Assets 2022: $3,048,4502022Assets 2023: $3,100,690Liabilities 2023: $17,399Net Assets 2023: $3,083,2912023Assets 2024: $3,187,298Liabilities 2024: $18,000Net Assets 2024: $3,169,2982024

Highlighted filing

2018

Assets$2,875,647
Liabilities$8,845
Net Assets$2,866,802

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $591,6482010Expenses 2011: $614,4792011Expenses 2012: $697,8832012Revenue 2013: $809,375Expenses 2013: $611,687Net Income 2013: $197,6882013Revenue 2014: $895,688Expenses 2014: $613,788Net Income 2014: $281,9002014Revenue 2015: $815,959Expenses 2015: $628,072Net Income 2015: $187,8872015Revenue 2016: $1,102,480Expenses 2016: $632,000Net Income 2016: $470,4802016Revenue 2017: $953,305Expenses 2017: $649,704Net Income 2017: $303,6012017Revenue 2018: $867,104Expenses 2018: $749,753Net Income 2018: $117,3512018Revenue 2019: $824,768Expenses 2019: $813,759Net Income 2019: $11,0092019Revenue 2020: $950,206Expenses 2020: $726,056Net Income 2020: $224,1502020Revenue 2021: $971,682Expenses 2021: $799,687Net Income 2021: $171,9952021Revenue 2022: $887,589Expenses 2022: $915,639Net Income 2022: -$28,0502022Revenue 2023: $946,017Expenses 2023: $977,534Net Income 2023: -$31,5172023Revenue 2024: $1,204,129Expenses 2024: $1,136,305Net Income 2024: $67,8242024

Highlighted filing

2018

Revenue$867,104
Expenses$749,753
Net Income$117,351
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 12, 2019
Return Version
2018v3.1
Gross Receipts
$867,104
Mission and Program Overview

Mission

To provide for the education and training of employees and others with regards to all aspects of the electrical industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$944,744$1,888,970▲ $944,226
Cash and Non-Interest-Bearing Accounts$1,328,526$853,819▼ $474,707
Land, Buildings, and Equipment, Net$152,305$132,482▼ $19,823
Savings and Temporary Cash Investments$477,047$376▼ $476,671
Total Assets$2,902,622$2,875,647▼ $26,975
Liabilities
Other Liabilities$9,590$8,845▼ $745
Total Liabilities$9,590$8,845▼ $745
Net Assets / Fund Balance
Unrestricted Net Assets$2,893,032$2,866,802▼ $26,230
Total Net Assets Fund Balance$2,893,032$2,866,802▼ $26,230
Total Liabilities and Net Assets / Fund Balance$2,902,622$2,875,647▼ $26,975

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$113,519$189,086$302,605
Leasehold Improvements$18,963$27,007$45,970
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin MislinChairman
Brad KeatleyTrustee
Gregory InglutTrustee
Michael GaiserTrustee
Rose HaenslyTrustee
Michael FraneySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$22,599
Program Service Revenue
$756,169
Investment Income
$87,901
Other Revenue
$435
All Other Contributions
$22,599
Change in Net Assets
$117,351

Audited Revenue Reconciliation

Revenue per Audited Statements
$867,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-143,581
Total Revenue per Audited Statements
$723,523
Total Revenue per Form 990
$867,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$527,515
Salaries, Compensation, and Employee Benefits$222,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$125,255$53,058-$178,313
Occupancy$89,464$4,709-$94,173
All Other Expenses$52,238$12,280-$64,518
Depreciation Depletion$45,551$3,234-$48,785
Other Expenses$0$30,700-$30,700
Other Employee Benefits-$28,227-$28,227
Fees for Services Accounting-$19,210-$19,210
Payroll Taxes$11,068$4,630-$15,698
Office Expenses-$12,586-$12,586
Insurance$3,233$4,246-$7,479
Fees for Services Legal-$4,292-$4,292
Fees for Service Investment Mgmnt Fees-$1,000-$1,000
Total Functional Expenses$565,144$184,609$0$749,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$749,753
Total Expenses per Audited Statements$749,753
Total Expenses per Form 990$749,753
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Local 41 Ibew Health Fund$5,200
Payroll Liabilities$3,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Trustees review the form 990 prior to filing.

Form 990, Part VI, Section B, Line 12C

The policy is reviewed annually and signed by all trustees.

Form 990, Part VI, Section B, Line 15A

Reviewed and approved by board of trustees after obtaining comparable salary information.

Form 990, Part VI, Section C, Line 19

The organization makes the information available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Electrical Industry Education Fund
EIN
23-7431653
Phone
7166626122
Address
S 3546 CALIFORNIA ROAD, ORCHARD PARK, NY 14127

Signing Officer

Name
Michael Gaiser
Title
Trustee
Phone
7166626122
Signed
2019-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gaiser
Formed
1974
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
6

Preparer

Firm
Bonadio & Co Llp
Address
100 CORPORATE PARKWAY SUITE 200, AMHERST, NY 14226
Preparer
Justin N Reid
Phone
7162506600
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No changes have taken place during the year ended december 31, 2018.

Raw XML AppendixShowing 400 of 420 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0756169
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0875991
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01075092
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0783363
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0810362
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt04300977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt087901
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt057124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt015040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011996
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt066423
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0238484
IRS990ScheduleA/InvestmentIncomeCYPct00.05150
IRS990ScheduleA/InvestmentIncomePYPct00.04370
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94850
IRS990ScheduleA/PublicSupportPY509Pct00.95630
IRS990ScheduleA/PublicSupportTotal509Amt04396052
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0779203
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0896181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01087440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0803963
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0829265
IRS990ScheduleA/Total509Grp/TotalAmt04396052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0867104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0953305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01102480
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0815959
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0895688
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04634536
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0113519
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0189086
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0302605
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0749753
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018963
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027007
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt045970
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-143581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO LOCAL 41 IBEW HEALTH FUND
IRS990ScheduleD/RevenueNotReportedAmt0-143581
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0867104
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132482
IRS990ScheduleD/TotalExpensesPerForm990Amt0749753
IRS990ScheduleD/TotalLiabilityAmt08845
IRS990ScheduleD/TotalRevenuePerForm990Amt0867104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0723523
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0749753
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRUSTEES REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED ANNUALLY AND SIGNED BY ALL TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED AND APPROVED BY BOARD OF TRUSTEES AFTER OBTAINING COMPARABLE SALARY INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THE INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES HAVE TAKEN PLACE DURING THE YEAR ENDED DECEMBER 31, 2018.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02902622
IRS990/TotalAssetsEOYAmt02875647
IRS990/TotalAssetsGrp/BOYAmt02902622
IRS990/TotalAssetsGrp/EOYAmt02875647
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt022599
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0184609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0565144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0749753
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09590
IRS990/TotalLiabilitiesEOYAmt08845
IRS990/TotalLiabilitiesGrp/BOYAmt09590
IRS990/TotalLiabilitiesGrp/EOYAmt08845
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02893032
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02866802
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0565144
IRS990/TotalProgramServiceRevenueAmt0756169
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt087901
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0756604
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0867104
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02902622
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02875647
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02893032
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02866802
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0S 3546 CALIFORNIA ROAD
IRS990/USAddress/CityNm0ORCHARD PARK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014127
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL GAISER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07166626122
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELECTRICAL INDUSTRY EDUCATION FUND
ReturnHeader/Filer/BusinessNameControlTxt0ELEC
ReturnHeader/Filer/EIN0237431653
ReturnHeader/Filer/PhoneNum07166626122
ReturnHeader/Filer/USAddress/AddressLine1Txt0S 3546 CALIFORNIA ROAD
ReturnHeader/Filer/USAddress/CityNm0ORCHARD PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014127

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.19$0.02$3.17$1.20$1.14$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.10$0.02$3.08$0.95$0.98$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.07$0.02$3.05$0.89$0.92$0.03
2021Detailed filing. Detailed filing data is available for this year.$3.44$0.02$3.43$0.97$0.80$0.17
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.02$3.24$0.95$0.73$0.22
2019Detailed filing. Detailed filing data is available for this year.$3.09$0.02$3.07$0.82$0.81$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.88$0.01$2.87$0.87$0.75$0.12
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.01$2.89$0.95$0.65$0.30
2016Detailed filing. Detailed filing data is available for this year.$2.53$0.01$2.52$1.10$0.63$0.47
2015Detailed filing. Detailed filing data is available for this year.$2.04$0.01$2.03$0.82$0.63$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.91$0.02$1.89$0.90$0.61$0.28
2013Detailed filing. Detailed filing data is available for this year.$1.66$0.02$1.64$0.81$0.61$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$0.70
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.68$0.59