Civic Intelligence

Bloomington Normal Electrical Joint Apprenticeship & Training Fund

990 • Fiscal year 2023 • EIN 37-1066466

Jun 01, 2022 to May 31, 2023 • Filed on Dec 20, 2023

2407 Beich Road - Suite BBloomington, IL 61704

(309) 827-4868

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.01x

Higher debt load relative to revenue than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

39th percentile

0.7%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,326,585

Up $9,860 (+0.7%) from 2022

Net Assets

Up

$1,323,017

Up $8,935 (+0.7%) from 2022

Liabilities

Up

$3,568

Up $925 (+35%) from 2022

Revenue

Down

$633,227

Down $83,129 (-12%) from 2022

Expenses

Up

$624,292

Up $19,827 (+3.3%) from 2022

Net Income

Down

$8,935

Down $102,956 (-92%) from 2022

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 2023: $1,326,585Liabilities 2023: $3,568Net Assets 2023: $1,323,0172023Assets 2025: $1,248,023Liabilities 2025: $979Net Assets 2025: $1,247,0442025

Highlighted filing

2023

Assets$1,326,585
Liabilities$3,568
Net Assets$1,323,017

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 2023: $633,227Expenses 2023: $624,292Net Income 2023: $8,9352023Revenue 2025: $626,036Expenses 2025: $674,804Net Income 2025: -$48,7682025

Highlighted filing

2023

Revenue$633,227
Expenses$624,292
Net Income$8,935
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Dec 20, 2023
Return Version
2022v5.0
Gross Receipts
$633,227
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$751,725$677,396▼ $74,329
Savings and Temporary Cash Investments$540,454$572,075▲ $31,621
Land, Buildings, and Equipment, Net$24,546$77,114▲ $52,568
Total Assets$1,316,725$1,326,585▲ $9,860
Liabilities
Accounts Payable and Accrued Expenses$2,643$3,568▲ $925
Total Liabilities$2,643$3,568▲ $925
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,314,082$1,323,017▲ $8,935
Total Net Assets Fund Balance$1,314,082$1,323,017▲ $8,935
Total Liabilities and Net Assets / Fund Balance$1,316,725$1,326,585▲ $9,860

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$51,795$168,480$220,275
Leasehold Improvements$25,319$18,486$43,805
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike RaikesChairman
Alex DickeyTrustee
Keith TayTrustee
Matthew StruppTrustee
Will HancockTrustee
Jeremy WilcoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,000
Program Service Revenue
$589,140
Investment Income
$6,640
Other Revenue
$2,447
All Other Contributions
$35,000
Change in Net Assets
$8,935

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table150$35,000Estimated Fair Market Value (FMV)
Total Noncash Contributions150$35,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$633,227
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$633,227
Total Revenue per Form 990
$633,227
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$323,841
Other Expenses$300,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$228,651-$228,651
Occupancy$113,964--$113,964
Other Employee Benefits-$77,240-$77,240
Conferences and Meetings$23,296--$23,296
Office Expenses$22,962--$22,962
Depreciation Depletion$18,541--$18,541
Payroll Taxes-$17,950-$17,950
Fees for Services Accounting-$14,582-$14,582
Insurance$3,989$3,988-$7,977
Fees for Services Legal-$5,985-$5,985
Other Expenses$4,795--$4,795
All Other Expenses$4,234--$4,234
Fees for Services Other$1,478--$1,478
Advertising$480--$480
Total Functional Expenses$275,896$348,396$0$624,292

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$624,292
Total Expenses per Audited Statements$624,292
Total Expenses per Form 990$624,292
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11B

Line 11b explanation - form 990 is reviewed at regularly scheduled board meeting prior to filing of form 990.

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

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

Form 990, Part VI, Section C, Line 19

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 61704

Signing Officer

Name
Mike Raikes
Title
Chariman
Phone
3098274868
Signed
2023-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Raikes
Formed
2002
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
0

Preparer

Firm
Striegel Knobloch & Company LLC
Address
115 W JEFFERSON ST SUITE 200, BLOOMINGTON, IL 61701
Preparer
Stephen H Arendt Partner
Phone
3098294303
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require the organization's 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, 2023, 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 2020 are closed.

Raw XML Appendix388 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION'S 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, 2023, 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 2020 ARE CLOSED.
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0633227
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0624292
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
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 SCHOLARSHIPS 32D: ORGANIZATION DOES NOT ACTIVELY SOLICIT CONTRIBUTIONS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0150
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TRAINING SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt035000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B EXPLANATION - FORM 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, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01316725
IRS990/TotalAssetsEOYAmt01326585
IRS990/TotalAssetsGrp/BOYAmt01316725
IRS990/TotalAssetsGrp/EOYAmt01326585
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt035000
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0348396
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0275896
IRS990/TotalFunctionalExpensesGrp/TotalAmt0624292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02643
IRS990/TotalLiabilitiesEOYAmt03568
IRS990/TotalLiabilitiesGrp/BOYAmt02643
IRS990/TotalLiabilitiesGrp/EOYAmt03568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01314082
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01323017
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0275896
IRS990/TotalProgramServiceRevenueAmt0589140
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06640
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0591587
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0633227
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01316725
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01326585
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02407 BEICH ROAD - SUITE B
IRS990/USAddress/CityNm0BLOOMINGTON
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061704
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.BNJATC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE RAIKES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHARIMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03098274868
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-20
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/ZIPCd061704
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371122831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STRIEGEL KNOBLOCH & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 W JEFFERSON ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061701
ReturnHeader/PreparerPersonGrp/PhoneNum03098294303
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN H ARENDT PARTNER
ReturnHeader/ReturnTs02023-12-20T14:02:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAIKES
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

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