Civic Intelligence

Warren Electrical Joint Apprenticeship and Training Trust

990 • Fiscal year 2022 • EIN 34-0872971

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 24, 2023

4550 Research ParkwayWarren, OH 44483

(330) 394-3606

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

64th percentile

$89,226

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

86th percentile

42%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

29th percentile

-8.2%

Faster revenue growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,211,161

Up $957,146 (+42%) from 2021

Net Assets

Up

$3,207,647

Up $957,524 (+43%) from 2021

Liabilities

Down

$3,514

Down $378 (-9.7%) from 2021

Revenue

Down

$1,494,758

Down $133,021 (-8.2%) from 2021

Expenses

Down

$537,237

Down $31,154 (-5.5%) from 2021

Net Income

Down

$957,521

Down $101,867 (-9.6%) from 2021

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 2015: $2,023,763Liabilities 2015: $1,411,382Net Assets 2015: $612,3812015Assets 2016: $2,024,139Liabilities 2016: $1,358,851Net Assets 2016: $665,2882016Assets 2017: $2,121,514Liabilities 2017: $1,307,947Net Assets 2017: $813,5672017Assets 2018: $2,226,366Liabilities 2018: $1,084,731Net Assets 2018: $1,141,6352018Assets 2019: $2,052,116Liabilities 2019: $1,033,366Net Assets 2019: $1,018,7502019Assets 2020: $2,165,600Liabilities 2020: $974,863Net Assets 2020: $1,190,7372020Assets 2021: $2,254,015Liabilities 2021: $3,892Net Assets 2021: $2,250,1232021Assets 2022: $3,211,161Liabilities 2022: $3,514Net Assets 2022: $3,207,6472022Assets 2023: $3,508,125Liabilities 2023: $3,826Net Assets 2023: $3,504,2992023Assets 2024: $3,438,086Liabilities 2024: $319Net Assets 2024: $3,437,7672024

Highlighted filing

2022

Assets$3,211,161
Liabilities$3,514
Net Assets$3,207,647

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $588,914Expenses 2015: $415,036Net Income 2015: $173,8782015Revenue 2016: $501,876Expenses 2016: $448,969Net Income 2016: $52,9072016Revenue 2017: $653,695Expenses 2017: $505,417Net Income 2017: $148,2782017Revenue 2018: $817,727Expenses 2018: $489,659Net Income 2018: $328,0682018Revenue 2019: $356,079Expenses 2019: $478,964Net Income 2019: -$122,8852019Revenue 2020: $618,453Expenses 2020: $446,466Net Income 2020: $171,9872020Revenue 2021: $1,627,779Expenses 2021: $568,391Net Income 2021: $1,059,3882021Revenue 2022: $1,494,758Expenses 2022: $537,237Net Income 2022: $957,5212022Revenue 2023: $875,529Expenses 2023: $578,876Net Income 2023: $296,6532023Revenue 2024: $565,610Expenses 2024: $632,142Net Income 2024: -$66,5322024

Highlighted filing

2022

Revenue$1,494,758
Expenses$537,237
Net Income$957,521
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 24, 2023
Return Version
2022v5.0
Gross Receipts
$1,494,758
Mission and Program Overview

Mission

To provide training classes to electrical apprentices, preparing and educating them to safely and properly work in the electrical field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,369,218$1,427,039▲ $57,821
Cash and Non-Interest-Bearing Accounts$884,797$921,122▲ $36,325
Savings and Temporary Cash Investments-$863,000-
Total Assets$2,254,015$3,211,161▲ $957,146
Liabilities
Accounts Payable and Accrued Expenses$3,892$3,514▼ $378
Total Liabilities$3,892$3,514▼ $378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,250,123$3,207,647▲ $957,524
Total Net Assets Fund Balance$2,250,123$3,207,647▲ $957,524
Total Liabilities and Net Assets / Fund Balance$2,254,015$3,211,161▲ $957,146

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,176,629$803,829$1,980,458
Equipment$44,396$371,331$415,727
Other Land Buildings$135,957$100,056$236,013
Land$70,057-$70,057
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric DavisTraining DirectorFT$89,226$89,226

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,305,450
Program Service Revenue
$146,319
Investment Income
$6,989
Other Revenue
$36,000
All Other Contributions
$102,891
Change in Net Assets
$957,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,494,758
Total Revenue per Audited Statements
$1,494,758
Total Revenue per Form 990
$1,494,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,726
Salaries, Compensation, and Employee Benefits$226,511
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$78,334$10,892$0$89,226
Other Salaries and Wages$71,072$0$0$71,072
Depreciation Depletion$0$69,130$0$69,130
Other Employee Benefits$28,209$4,978$0$33,187
Occupancy$22,509$7,503$0$30,012
Travel$25,702$0$0$25,702
All Other Expenses$2,310$23,100$0$25,410
Pension Plan Contributions$15,821$2,792$0$18,613
Insurance$13,104$3,276$0$16,380
Information Technology$9,604$6,403$0$16,007
Payroll Taxes$12,251$2,162$0$14,413
Fees for Services Accounting$0$7,990$0$7,990
Office Expenses$0$4,390$0$4,390
Other Expenses$498$0$0$498
Total Functional Expenses$384,889$152,348$0$537,237

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$537,237
Total Expenses per Audited Statements$537,237
Total Expenses per Form 990$537,237
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ibew Local 573Shared Board MembersRentNo$36,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Warren Electrical Joint Apprenticeship and Training Trust
EIN
34-0872971
Phone
3303943606
Address
4550 RESEARCH PARKWAY, WARREN, OH 44483

Signing Officer

Name
Eric Davis
Title
Training Director
Phone
3303943606
Signed
2023-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Davis
Formed
1958
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
16
Volunteers
0

Preparer

Firm
Yurchyk & Davis CPA's Inc
Address
3701 Boardman-Canfield Rd 2, Canfield, OH 44406
Preparer
David a Eyster CPA Cma
Phone
3305335000
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The completed form 990 is reviewed by the board members at a meeting prior to filing.

Pt XI

ROUNDING ERROR.

Financial Statement Notes

Pt X, Line 2

The organization has been classified as an other than private foundation and is tax-exempt under section 501(c)(3) of the internal revenue code. The organization is subject to a tax on income from any unrelated business. The organization has adopted the recogniztion requireements for uncertain income tax positions as required by generally accepted accounting principles, and has analyzed tax positions taken for filing with the internal revenue serice and all state jurisdictions where it operates. The organizaiton believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments thatw ould result in a maerial adverse effect on the organization's financial condition. Accordingly the organization has not recorded any reserves or related accrual for interest and penalties for uncertain income tax positions at december 31, 2022. The organization is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress. The organization believes it is no longer subject to income tax examinations afor years prior to december 31, 2019.

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IRS990/PYInvestmentIncomeAmt0473
IRS990/PYOtherExpensesAmt0350994
IRS990/PYOtherRevenueAmt036000
IRS990/PYProgramServiceRevenueAmt099204
IRS990/PYRevenuesLessExpensesAmt01059388
IRS990/PYSalariesCompEmpBnftPaidAmt0217397
IRS990/PYTotalExpensesAmt0568391
IRS990/PYTotalRevenueAmt01627779
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0957521
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt036000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01494758
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0863000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01305450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01492102
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0578563
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0313917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0741510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04431542
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03890
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05832
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03309
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013504
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt036000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt036000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt036300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt072908
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0217208
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0473
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03890
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05832
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03309
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013504
IRS990ScheduleA/InvestmentIncomeCYPct00.00290
IRS990ScheduleA/InvestmentIncomePYPct00.00340
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99710
IRS990ScheduleA/PublicSupportPY509Pct00.99660
IRS990ScheduleA/PublicSupportTotal509Amt04648750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01341450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01528102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0614563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0350217
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0814418
IRS990ScheduleA/Total509Grp/TotalAmt04648750
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04662254
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01176629
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0803829
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01980458
IRS990ScheduleD/EquipmentGrp/BookValueAmt044396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0371331
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0415727
IRS990ScheduleD/ExpensesSubtotalAmt0537237
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt070057
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070057
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0135957
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0100056
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0236013
IRS990ScheduleD/RevenueSubtotalAmt01494758
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION AND IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE ORGANIZATION HAS ADOPTED THE RECOGNIZTION REQUIREEMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZAITON BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THATW OULD RESULT IN A MAERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION. ACCORDINGLY THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUAL FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2022. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS AFOR YEARS PRIOR TO DECEMBER 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01427039
IRS990ScheduleD/TotalExpensesPerForm990Amt0537237
IRS990ScheduleD/TotalRevenuePerForm990Amt01494758
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01494758
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0537237
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE RACIAL NONDISCRIMINATORY POLICY IS LOCATED ON ALL ADVERTISING MATERIALS, INCLUDING THE WEBSITE. IN ADDITION, IT IS PUBLICIZED IN THE NEWSPAPER ALONG WITH THE AD YEARLY. THE RACIAL NONDISCRIMINATORY POLICY IS LOCATED ON ALL ADVERTISING MATERIALS, INCLUDING THE WEBSITE. IN ADDITION IS IS PUBLISHED IN THE NEWSPAPER ALONG WITH THE AD YEARLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0IBEW LOCAL 573
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SHARED BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt036000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETED FORM 990 IS REVIEWED BY THE BOARD MEMBERS AT A MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROUNDING ERROR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IBEW LOCAL UNION #573
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0340308375
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LABOR UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04550 RESEARCH PARKWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WARREN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044483

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