Civic Intelligence

Waterloo Joint Apprenticeship Training Trust

990EZ • Fiscal year 2015 • EIN 46-2897706

Jun 01, 2014 to May 31, 2015 • Filed on Nov 13, 2015

1695 Burton AvenueWaterloo, IA 50703

(319) 233-8050

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

73rd percentile

22%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$226,119

Up $40,636 (+22%) from 2014

Net Assets

Up

$225,395

Up $39,912 (+22%) from 2014

Liabilities

Up

$724

Up $724 from 2014

Revenue

Down

$141,551

Down $47,234 (-25%) from 2014

Expenses

Up

$101,639

Up $98,337 (+2978%) from 2014

Net Income

Down

$39,912

Down $145,571 (-78%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $185,483Liabilities 2014: $0Net Assets 2014: $185,4832014Assets 2015: $226,119Liabilities 2015: $724Net Assets 2015: $225,3952015Assets 2016: $249,900Liabilities 2016: $685Net Assets 2016: $249,2152016Assets 2017: $299,125Liabilities 2017: $674Net Assets 2017: $298,4512017Assets 2018: $292,545Liabilities 2018: $1,223Net Assets 2018: $291,3222018Assets 2019: $311,971Liabilities 2019: $1,311Net Assets 2019: $310,6602019Assets 2020: $272,690Liabilities 2020: $1,380Net Assets 2020: $271,3102020Assets 2021: $301,897Liabilities 2021: $1,065Net Assets 2021: $300,8322021Assets 2022: $319,621Liabilities 2022: $422Net Assets 2022: $319,1992022Assets 2023: $385,865Liabilities 2023: $880Net Assets 2023: $384,9852023Assets 2024: $460,969Liabilities 2024: $1,890Net Assets 2024: $459,0792024Assets 2025: $448,223Liabilities 2025: $1,335Net Assets 2025: $446,8882025

Highlighted filing

2015

Assets$226,119
Liabilities$724
Net Assets$225,395

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $188,785Expenses 2014: $3,302Net Income 2014: $185,4832014Revenue 2015: $141,551Expenses 2015: $101,639Net Income 2015: $39,9122015Revenue 2016: $126,741Expenses 2016: $102,921Net Income 2016: $23,8202016Revenue 2017: $167,363Expenses 2017: $118,127Net Income 2017: $49,2362017Revenue 2018: $128,291Expenses 2018: $135,420Net Income 2018: -$7,1292018Revenue 2019: $143,385Expenses 2019: $124,047Net Income 2019: $19,3382019Revenue 2020: $166,793Expenses 2020: $206,143Net Income 2020: -$39,3502020Revenue 2021: $207,155Expenses 2021: $202,664Net Income 2021: $4,4912021Revenue 2022: $217,627Expenses 2022: $190,758Net Income 2022: $26,8692022Revenue 2023: $285,588Expenses 2023: $216,510Net Income 2023: $69,0782023Revenue 2024: $299,592Expenses 2024: $241,596Net Income 2024: $57,9962024Revenue 2025: $275,970Expenses 2025: $293,990Net Income 2025: -$18,0202025

Highlighted filing

2015

Revenue$141,551
Expenses$101,639
Net Income$39,912
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$141,551
Mission and Program Overview

Mission

To administer the apprenticeship and training programs for the electrical contracting industry in the waterloo area of iowa.

The Trust's mission is to educate the members of the International Brotherhood of Electrical Workers and National Electrical Contractors Association; insuring and providing the electrical industry with the most professionally trained and highly skilled workforce possible.

Program Services

DescriptionGrantsExpenses
The Trust was organized for the exclusive purpose of providing training and education of electrical apprentices, journeyman, or other appropriate persons who fall under the jurisdiction of the collective bargaining agreement by and between the Local Union #288 of the International Brotherhood of Electrical Workers (Union) and the Waterloo Division, Iowa Chapter, National Electrical Contractors Association, Inc. (Employer). The Trust offered journeyman training classes as needed/required to ensure journeyman electricians remain equipped with the latest electrical industry code and safety information. The Trust employed licensed electrician instructors as well as contracted with other jurisdictions to, who educated, instructed, and trained apprentice students and journeyman electricians under a variety of class structures. The Trust operates a five year apprentice training program which is funded by contributions from the Employer and Union in the amount and manner provided in the current collective bargaining agreement by and between the Employer and Union.$101,639-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kurt FrankVice Chairman-$0--
Ryan O'LearyTrustee-$0--
Chris WellsTrustee-$0--
Dirk HamiltonTrustee-$0--
MATTHEW HOLCOMBChairmanPT$0--
Filing and Contact Details

Filer

Filer Name
Waterloo Joint Apprenticeship
EIN
46-2897706
Phone
3192338050
Address
1695 BURTON AVENUE, WATERLOO, IA 50703

Signing Officer

Name
Matthew Holcomb
Title
Chairman
Signed
2015-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Tarbell & Co PLC
Address
2130 Grand Avenue, Des Moines, IA 50312-5302
Preparer
Tim Tarbell CPA
Phone
5152820200
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1821

Other Expenses.1005

Travel $90

Other Expenses.1009

Depreciation $67

Other Expenses.1012

Insurance $2179

Other Expenses.1

Apprentice instruction $64127

Other Expenses.2

CONTRACT LABOR $19433

Other Expenses.3

FEE FOR BOOKS $2588

Other Expenses.4

Journeyman training $2400

Other Expenses.5

COMPUTER SUPPORT $1598

Other Expenses.6

TELEPHONE $608

Other Expenses.7

APTITUDE TESTS $380

Other Expenses.8

MONTHLY ALLOWANCE $250

Other Expenses.11

DRUG TESTING $74

Other Expenses.12

NEBF $51

Other Assets.1003

Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $733

Total Liabilities.1

PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $724

Raw XML Appendix180 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt0733
IRS990EZ/OtherExpensesTotalAmt095666
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IRS990EZ/PrintingPublicationsPostageAmt0201
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0101639
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IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
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IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The Trust's nondiscriminatory policy is printed on all application request forms.
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $90
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4APPRENTICE INSTRUCTION $64127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR $19433
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEE FOR BOOKS $2588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7JOURNEYMAN TRAINING $2400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPUTER SUPPORT $1598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE $608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10APTITUDE TESTS $380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MONTHLY ALLOWANCE $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DRUG TESTING $74
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13NEBF $51
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $0 Machinery and Equipment - Ending $733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PAYROLL LIABILITIES - Beginning $0 PAYROLL LIABILITIES - Ending $724
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW HOLCOMB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATERLOO JOINT APPRENTICESHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0462897706
ReturnHeader/Filer/PhoneNum03192338050
ReturnHeader/Filer/USAddress/AddressLine1Txt01695 BURTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0WATERLOO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050703
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tarbell & Co PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02130 Grand Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Des Moines
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0503125302
ReturnHeader/PreparerPersonGrp/PhoneNum05152820200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tim Tarbell CPA
ReturnHeader/ReturnTs02015-11-16T10:07:01-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-06-01
ReturnHeader/TaxPeriodEndDt02015-05-31
ReturnHeader/TaxYr02014

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