Civic Intelligence

Bloomington Normal Electrical Joint Apprenticeship & Training Fund

990 • Fiscal year 2020 • EIN 37-1066466

Jun 01, 2019 to May 31, 2020 • Filed on Apr 13, 2021

2407 Beich Road Suite BBloomington, IL 61701

(309) 827-4868

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.06x

Higher debt load relative to assets than 52% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.07x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

82nd percentile

50%

Faster asset growth than 82% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

62%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$654,256

Up $217,113 (+50%) from 2019

Net Assets

Up

$616,969

Up $181,659 (+42%) from 2019

Liabilities

Up

$37,287

Up $35,454 (+1934%) from 2019

Revenue

Up

$519,480

Up $199,548 (+62%) from 2019

Expenses

Up

$337,821

Up $3,105 (+0.9%) from 2019

Net Income

Up

$181,659

Up $196,443 (+1329%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $485,843Liabilities 2014: $2,368Net Assets 2014: $483,4752014Assets 2015: $481,832Liabilities 2015: $2,424Net Assets 2015: $479,4082015Assets 2016: $456,496Liabilities 2016: $2,233Net Assets 2016: $454,2632016Assets 2017: $438,453Liabilities 2017: $2,136Net Assets 2017: $436,3172017Assets 2018: $452,137Liabilities 2018: $2,043Net Assets 2018: $450,0942018Assets 2019: $437,143Liabilities 2019: $1,833Net Assets 2019: $435,3102019Assets 2020: $654,256Liabilities 2020: $37,287Net Assets 2020: $616,9692020Assets 2021: $1,182,339Liabilities 2021: $40,332Net Assets 2021: $1,142,0072021Assets 2022: $1,316,725Liabilities 2022: $2,643Net Assets 2022: $1,314,0822022Assets 2025: $1,248,023Liabilities 2025: $979Net Assets 2025: $1,247,0442025

Highlighted filing

2020

Assets$654,256
Liabilities$37,287
Net Assets$616,969

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $246,764Expenses 2014: $275,773Net Income 2014: -$29,0092014Revenue 2015: $271,872Expenses 2015: $275,939Net Income 2015: -$4,0672015Revenue 2016: $269,054Expenses 2016: $294,199Net Income 2016: -$25,1452016Revenue 2017: $260,362Expenses 2017: $278,308Net Income 2017: -$17,9462017Revenue 2018: $307,410Expenses 2018: $293,633Net Income 2018: $13,7772018Revenue 2019: $319,932Expenses 2019: $334,716Net Income 2019: -$14,7842019Revenue 2020: $519,480Expenses 2020: $337,821Net Income 2020: $181,6592020Revenue 2021: $956,722Expenses 2021: $435,599Net Income 2021: $521,1232021Revenue 2022: $716,356Expenses 2022: $604,465Net Income 2022: $111,8912022Revenue 2025: $626,036Expenses 2025: $674,804Net Income 2025: -$48,7682025

Highlighted filing

2020

Revenue$519,480
Expenses$337,821
Net Income$181,659
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Apr 13, 2021
Return Version
2019v5.0
Gross Receipts
$519,480
Mission and Program Overview

Mission

To prepare apprentice electricians in the principles of electrical installation and safety on the jobsite.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$283,089$501,225▲ $218,136
Savings and Temporary Cash Investments$133,443$136,433▲ $2,990
Land, Buildings, and Equipment, Net$20,611$16,598▼ $4,013
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$437,143$654,256▲ $217,113
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$34,750-
Accounts Payable and Accrued Expenses$1,833$2,537▲ $704
Total Liabilities$1,833$37,287▲ $35,454
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$435,310$616,969▲ $181,659
Total Net Assets Fund Balance$435,310$616,969▲ $181,659
Total Liabilities and Net Assets / Fund Balance$437,143$654,256▲ $217,113

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,738$92,546$107,284
Other Land Buildings-$52,420$52,420
Leasehold Improvements$1,860$9,613$11,473
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike RaikesChairman
Keith TayTrustee
Matthew StruppTrustee
Ryan SaddlerTrustee
Will HancockTrustee
Jeremy WilcoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$512,495
Investment Income
$3,508
Other Revenue
$3,477
Change in Net Assets
$181,659

Audited Revenue Reconciliation

Revenue per Audited Statements
$519,480
Total Revenue per Audited Statements
$519,480
Total Revenue per Form 990
$519,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$170,848
Other Expenses$166,973
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$118,889-$118,889
Occupancy$78,557--$78,557
Pension Plan Contributions-$42,746-$42,746
Office Expenses$13,423--$13,423
All Other Expenses$13,275--$13,275
Payroll Taxes-$9,213-$9,213
Other Expenses$4,420--$4,420
Fees for Services Accounting-$4,280-$4,280
Depreciation Depletion$4,013--$4,013
Insurance$1,953$1,954-$3,907
Total Functional Expenses$160,739$177,082$0$337,821

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$337,821
Total Expenses per Audited Statements$337,821
Total Expenses per Form 990$337,821
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed at regularly scheduled Board meeting prior to filing of Form 990.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of Interest policy is reviewed and Board members are instructed to disclose any potential conflicts at each meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available for inspection at office of BNJATC.

Filing and Contact Details

Filer

Filer Name
Bloomington Normal JATC
EIN
37-1066466
Phone
3098274868
Address
2407 Beich Road Suite B, Bloomington, IL 61701

Signing Officer

Name
Mike Raikes
Title
Chairman
Signed
2021-04-13
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
12

Preparer

Firm
Striegel Knobloch & Company LLC CPAs
Address
115 W Jefferson Suite 200, Bloomington, IL 61701
Preparer
Benjamin J Smith
Phone
3098294303
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Accounting principles generally accepted in the United States of America require the organizations management evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more than likely would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the organization and has concluded that as of May 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Tax years prior to 2017 are closed.

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt092546
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0107284
IRS990ScheduleD/ExpensesSubtotalAmt0337821
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01860
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09613
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011473
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt052420
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052420
IRS990ScheduleD/RevenueSubtotalAmt0519480
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require the organizations management evaluate tax positions taken by the organization and recognize a tax liability if the organization has taken an uncertain position that more than likely would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the organization and has concluded that as of May 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Tax years prior to 2017 are closed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016598
IRS990ScheduleD/TotalExpensesPerForm990Amt0337821
IRS990ScheduleD/TotalRevenuePerForm990Amt0519480
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0519480
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0337821
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0BNJATC publicizes its racially nondiscriminatory policy through newspaper advertising during any period of solicitation for students. The policy is also clearly stated on all applications for admittance to the school.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt132b: Organization does not offer scholarships32d: Organization does not actively solicit contributions
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed at regularly scheduled Board meeting prior to filing of Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of Interest policy is reviewed and Board members are instructed to disclose any potential conflicts at each meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents are available for inspection at office of BNJATC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0437143
IRS990/TotalAssetsEOYAmt0654256
IRS990/TotalAssetsGrp/BOYAmt0437143
IRS990/TotalAssetsGrp/EOYAmt0654256
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0177082
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0160739
IRS990/TotalFunctionalExpensesGrp/TotalAmt0337821
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01833
IRS990/TotalLiabilitiesEOYAmt037287
IRS990/TotalLiabilitiesGrp/BOYAmt01833
IRS990/TotalLiabilitiesGrp/EOYAmt037287
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0435310
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0616969
IRS990/TotalProgramServiceExpensesAmt0160739
IRS990/TotalProgramServiceRevenueAmt0512495
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0519480
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0519480
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0437143
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0654256
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02407 Beich Road Suite B
IRS990/USAddress/CityNm0Bloomington
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061701
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.bnjatc.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Raikes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bloomington Normal JATC
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0371066466
ReturnHeader/Filer/PhoneNum03098274868
ReturnHeader/Filer/USAddress/AddressLine1Txt02407 Beich Road Suite B
ReturnHeader/Filer/USAddress/CityNm0Bloomington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371122831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Striegel Knobloch & Company LLC CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 W Jefferson Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bloomington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061701
ReturnHeader/PreparerPersonGrp/PhoneNum03098294303
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Benjamin J Smith
ReturnHeader/ReturnTs02021-04-13T14:57:04-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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