Civic Intelligence

South Bend & Vicinity Electrical Joint Apprenticeship & Training Trust

990 • Fiscal year 2018 • EIN 35-6059198

Oct 01, 2017 to Sep 30, 2018 • Filed on Apr 01, 2019

56365 Peppermint RoadSouth Bend, IN 46619-4584

(574) 233-1721

Siviq Scores

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

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

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

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

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

Net Margin

60th percentile

6.9%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

77th percentile

$121,451

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 13.7% of source-year revenue.

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

Asset Growth

69th percentile

8.2%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

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

Assets

Up

$1,721,479

Up $130,519 (+8.2%) from 2017

Net Assets

Up

$1,588,786

Up $39,115 (+2.5%) from 2017

Liabilities

Up

$132,693

Up $91,404 (+221%) from 2017

Revenue

Down

$884,629

Down $153,630 (-15%) from 2017

Expenses

Down

$823,192

Down $32,796 (-3.8%) from 2017

Net Income

Down

$61,437

Down $120,834 (-66%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,256,770Liabilities 2012: $10,904Net Assets 2012: $1,245,8662012Assets 2013: $1,270,875Liabilities 2013: $11,483Net Assets 2013: $1,259,3922013Assets 2014: $1,322,483Liabilities 2014: $49,528Net Assets 2014: $1,272,9552014Assets 2015: $1,305,508Liabilities 2015: $23,171Net Assets 2015: $1,282,3372015Assets 2016: $1,481,335Liabilities 2016: $113,202Net Assets 2016: $1,368,1332016Assets 2017: $1,590,960Liabilities 2017: $41,289Net Assets 2017: $1,549,6712017Assets 2018: $1,721,479Liabilities 2018: $132,693Net Assets 2018: $1,588,7862018Assets 2019: $1,643,725Liabilities 2019: $46,314Net Assets 2019: $1,597,4112019Assets 2020: $1,701,090Liabilities 2020: $48,571Net Assets 2020: $1,652,5192020Assets 2021: $1,655,040Liabilities 2021: $41,817Net Assets 2021: $1,613,2232021Assets 2022: $1,529,110Liabilities 2022: $58,790Net Assets 2022: $1,470,3202022Assets 2023: $1,462,338Liabilities 2023: $64,589Net Assets 2023: $1,397,7492023Assets 2024: $1,760,376Liabilities 2024: $225,788Net Assets 2024: $1,534,5882024

Highlighted filing

2018

Assets$1,721,479
Liabilities$132,693
Net Assets$1,588,786

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $480,8762012Expenses 2013: $475,9572013Revenue 2014: $499,458Expenses 2014: $487,042Net Income 2014: $12,4162014Revenue 2015: $661,515Expenses 2015: $638,823Net Income 2015: $22,6922015Revenue 2016: $807,613Expenses 2016: $728,839Net Income 2016: $78,7742016Revenue 2017: $1,038,259Expenses 2017: $855,988Net Income 2017: $182,2712017Revenue 2018: $884,629Expenses 2018: $823,192Net Income 2018: $61,4372018Revenue 2019: $870,938Expenses 2019: $882,672Net Income 2019: -$11,7342019Revenue 2020: $782,798Expenses 2020: $754,202Net Income 2020: $28,5962020Revenue 2021: $825,060Expenses 2021: $896,795Net Income 2021: -$71,7352021Revenue 2022: $866,857Expenses 2022: $924,284Net Income 2022: -$57,4272022Revenue 2023: $954,456Expenses 2023: $1,034,574Net Income 2023: -$80,1182023Revenue 2024: $1,317,215Expenses 2024: $1,231,080Net Income 2024: $86,1352024

Highlighted filing

2018

Revenue$884,629
Expenses$823,192
Net Income$61,437
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Apr 1, 2019
Return Version
2017v2.3
Gross Receipts
$933,552
Mission and Program Overview

Mission

To provide apprenticeship and journeyman training.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$396,260$780,233▲ $383,973
Investments in Publicly Traded Securities$597,591$468,944▼ $128,647
Savings and Temporary Cash Investments$456,332$421,869▼ $34,463
Accounts Receivable$133,410$44,395▼ $89,015
Prepaid Expenses and Deferred Charges$7,367$6,038▼ $1,329
Total Assets$1,590,960$1,721,479▲ $130,519
Liabilities
Accounts Payable and Accrued Expenses$24,407$119,110▲ $94,703
Other Liabilities$16,882$13,583▼ $3,299
Total Liabilities$41,289$132,693▲ $91,404
Net Assets / Fund Balance
Unrestricted Net Assets$1,549,671$1,588,786▲ $39,115
Total Net Assets Fund Balance$1,549,671$1,588,786▲ $39,115
Total Liabilities and Net Assets / Fund Balance$1,590,960$1,721,479▲ $130,519

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$685,616$568,838$1,254,454
Equipment$15,374$427,763$443,137
Land$60,000-$60,000
Other Land Buildings$19,243$37,566$56,809
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve EgyedTraining CoordinatorFT$80,858$40,593$121,451

Board Members and Trustees

NameTitle
Derrick AmbergTrustee
Donald LodeTrustee
Jennifer BrownTrustee
John TaylorTrustee
Michael LedaTrustee
Michael TaffTrustee
Tye NolandTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$836,129
Investment Income
$31,302
Other Revenue
$17,198
Change in Net Assets
$61,437

Audited Revenue Reconciliation

Revenue per Audited Statements
$880,418
Revenue Not Reported on Financial Statements
$4,211
Revenue Not Reported on Form 990
$-22,322
Total Revenue per Audited Statements
$858,096
Total Revenue per Form 990
$884,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$446,945
Other Expenses$376,247
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,606$41,318-$249,924
Current Officers, Directors, Trustees, and Key Employees$123,020--$123,020
Depreciation Depletion$28,588$5,755-$34,343
Office Expenses$9,012$21,292-$30,304
Payroll Taxes$25,805$3,318-$29,123
Other Employee Benefits$8,258$14,596-$22,854
Pension Plan Contributions$7,959$14,065-$22,024
Insurance-$19,089-$19,089
Fees for Services Accounting-$14,600-$14,600
Conferences and Meetings-$14,294-$14,294
Occupancy$12,430$1,765-$14,195
All Other Expenses$2,199$2,868-$5,067
Fees for Services Legal-$5,014-$5,014
Fees for Service Investment Mgmnt Fees-$4,211-$4,211
Other Expenses$3,064$4,075-$3,064
Advertising-$520-$520
Fees for Services Other-$500-$500
Total Functional Expenses$655,912$167,280$0$823,192

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$823,192
Expenses per Audited Statements$818,981
Total Expenses per Audited Statements$818,981
Expenses Not Reported on Financial Statements$4,211
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
Capital Lease Obligation$13,583
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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 A, Line 8B

The fund does not have a segregated committee which acts on behalf of the governing body.

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

The form 990 is provided to the entire board of trustees and training coordinator prior to filing. After the board's review and approval, the form is signed and filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest statement and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
South Bend & Vicinity Electrical Joint
EIN
35-6059198
Phone
5742331721
Address
56365 PEPPERMINT ROAD, SOUTH BEND, IN 46619-4584

Signing Officer

Name
Steve Egyed
Title
Training Coordinator
Phone
5742331721
Signed
2019-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tye Noland
Formed
1966
Legal Domicile
In
Voting Board Members
7
Independent Board Members
7
Employees
43
Volunteers
0

Preparer

Firm
Legacy Professionals Llp
Address
222 INDIANAPOLIS BLVD SUITE 103, SCHERERVILLE, IN 46375
Preparer
Eric Wallin
Phone
3123680500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the fund to evaluate tax positions taken by the fund and recognize a tax liability if the fund has taken an uncertain position that more likely than not would not be sustained upon examination by tax authorities. The fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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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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IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020940
IRS990/PYOtherExpensesAmt0434264
IRS990/PYOtherRevenueAmt030997
IRS990/PYProgramServiceRevenueAmt0986322
IRS990/PYRevenuesLessExpensesAmt0182271
IRS990/PYSalariesCompEmpBnftPaidAmt0421724
IRS990/PYTotalExpensesAmt0855988
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01038259
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt061437
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0836129
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0456332
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0421869
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0685616
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0568838
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01254454
IRS990ScheduleD/EquipmentGrp/BookValueAmt015374
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0427763
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0443137
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04211
IRS990ScheduleD/ExpensesSubtotalAmt0818981
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt04211
IRS990ScheduleD/InvestmentExpensesNotIncldAmt04211
IRS990ScheduleD/LandGrp/BookValueAmt060000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-22322
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019243
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037566
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt056809
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013583
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/RevenueNotReportedAmt0-22322
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04211
IRS990ScheduleD/RevenueSubtotalAmt0880418
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FUND TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0780233
IRS990ScheduleD/TotalExpensesPerForm990Amt0823192
IRS990ScheduleD/TotalLiabilityAmt013583
IRS990ScheduleD/TotalRevenuePerForm990Amt0884629
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0858096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0818981
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PUBLISHED IN MAJOR NEWSPAPERS AT LEAST TWICE ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FUND DOES NOT HAVE A SEGREGATED COMMITTEE WHICH ACTS ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND TRAINING COORDINATOR PRIOR TO FILING. AFTER THE BOARD'S REVIEW AND APPROVAL, THE FORM IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01590960
IRS990/TotalAssetsEOYAmt01721479
IRS990/TotalAssetsGrp/BOYAmt01590960
IRS990/TotalAssetsGrp/EOYAmt01721479
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt043
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0167280
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0655912
IRS990/TotalFunctionalExpensesGrp/TotalAmt0823192
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt041289
IRS990/TotalLiabilitiesEOYAmt0132693
IRS990/TotalLiabilitiesGrp/BOYAmt041289
IRS990/TotalLiabilitiesGrp/EOYAmt0132693
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01549671
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01588786
IRS990/TotalOtherCompensationAmt040593
IRS990/TotalProgramServiceExpensesAmt0655912
IRS990/TotalProgramServiceRevenueAmt0836129
IRS990/TotalReportableCompFromOrgAmt080858
IRS990/TotalRevenueGrp/ExclusionAmt048500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0836129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0884629
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01590960
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01721479
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01549671
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01588786
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt056365 PEPPERMINT ROAD
IRS990/USAddress/CityNm0SOUTH BEND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd0466194584
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.JATC153.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE EGYED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRAINING COORDINATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05742331721

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.23$1.53$1.32$1.23$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.06$1.40$0.95$1.03$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.53$0.06$1.47$0.87$0.92$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.04$1.61$0.83$0.90$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.05$1.65$0.78$0.75$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.05$1.60$0.87$0.88$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.13$1.59$0.88$0.82$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.59$0.04$1.55$1.04$0.86$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.48$0.11$1.37$0.81$0.73$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.02$1.28$0.66$0.64$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.32$0.05$1.27$0.50$0.49$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.01$1.26$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.01$1.25$0.48