Civic Intelligence

Oak Ridge Electrical Trades Apprenticeship Training Fund

990 • Fiscal year 2022 • EIN 62-6043461

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

PO Box 4968Oak Ridge, TN 37831

(865) 483-9955

Siviq Scores

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

Liabilities / Assets

36th percentile

0.02x

Higher debt load relative to assets than 36% of similar nonprofits.

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

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

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

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

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

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.

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

Asset Growth

89th percentile

53%

Faster asset growth than 89% of similar nonprofits.

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

Revenue Growth

81st percentile

46%

Faster revenue growth than 81% of similar nonprofits.

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

Assets

Up

$2,307,139

Up $802,166 (+53%) from 2021

Net Assets

Up

$2,262,555

Up $763,956 (+51%) from 2021

Liabilities

Up

$44,584

Up $38,210 (+599%) from 2021

Revenue

Up

$1,343,298

Up $423,631 (+46%) from 2021

Expenses

Down

$538,517

Down $30,505 (-5.4%) from 2021

Net Income

Up

$804,781

Up $454,136 (+130%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,241,369Liabilities 2011: $2,147Net Assets 2011: $1,239,2222011Assets 2012: $1,246,590Liabilities 2012: $2,325Net Assets 2012: $1,244,2652012Assets 2013: $1,146,398Liabilities 2013: $2,225Net Assets 2013: $1,144,1732013Assets 2014: $1,116,284Liabilities 2014: $2,964Net Assets 2014: $1,113,3202014Assets 2015: $1,072,196Liabilities 2015: $949Net Assets 2015: $1,071,2472015Assets 2016: $1,007,815Liabilities 2016: $2,555Net Assets 2016: $1,005,2602016Assets 2017: $993,441Liabilities 2017: $4,893Net Assets 2017: $988,5482017Assets 2018: $947,266Liabilities 2018: $3,472Net Assets 2018: $943,7942018Assets 2019: $1,028,865Liabilities 2019: $6,541Net Assets 2019: $1,022,3242019Assets 2021: $1,504,973Liabilities 2021: $6,374Net Assets 2021: $1,498,5992021Assets 2022: $2,307,139Liabilities 2022: $44,584Net Assets 2022: $2,262,5552022Assets 2023: $3,398,432Liabilities 2023: $51,733Net Assets 2023: $3,346,6992023Assets 2024: $4,503,531Liabilities 2024: $29,714Net Assets 2024: $4,473,8172024

Highlighted filing

2022

Assets$2,307,139
Liabilities$44,584
Net Assets$2,262,555

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $447,643Expenses 2011: $270,822Net Income 2011: $176,8212011Revenue 2012: $280,327Expenses 2012: $275,284Net Income 2012: $5,0432012Revenue 2013: $162,064Expenses 2013: $262,156Net Income 2013: -$100,0922013Revenue 2014: $208,255Expenses 2014: $239,108Net Income 2014: -$30,8532014Revenue 2015: $235,879Expenses 2015: $277,589Net Income 2015: -$41,7102015Revenue 2016: $241,302Expenses 2016: $307,289Net Income 2016: -$65,9872016Revenue 2017: $323,028Expenses 2017: $339,740Net Income 2017: -$16,7122017Revenue 2018: $365,608Expenses 2018: $401,098Net Income 2018: -$35,4902018Revenue 2019: $519,585Expenses 2019: $475,374Net Income 2019: $44,2112019Revenue 2021: $919,667Expenses 2021: $569,022Net Income 2021: $350,6452021Revenue 2022: $1,343,298Expenses 2022: $538,517Net Income 2022: $804,7812022Revenue 2023: $1,623,518Expenses 2023: $579,634Net Income 2023: $1,043,8842023Revenue 2024: $1,766,583Expenses 2024: $717,247Net Income 2024: $1,049,3362024

Highlighted filing

2022

Revenue$1,343,298
Expenses$538,517
Net Income$804,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$1,343,298
Mission and Program Overview

Mission

To provide an electrical apprenticeship training program

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$849,700$1,655,541▲ $805,841
Cash and Non-Interest-Bearing Accounts$553,711$461,735▼ $91,976
Accounts Receivable$65,285$129,794▲ $64,509
Land, Buildings, and Equipment, Net$31,799$23,226▼ $8,573
Prepaid Expenses and Deferred Charges$2,975$2,975→ $0
Inventories for Sale or Use$1,503$1,503→ $0
Total Assets$1,504,973$2,307,139▲ $802,166
Other Assets Total$0$32,365▲ $32,365
Liabilities
Other Liabilities$0$32,365▲ $32,365
Accounts Payable and Accrued Expenses$6,376$12,219▲ $5,843
Total Liabilities$6,376$44,584▲ $38,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,498,597$2,262,555▲ $763,958
Total Net Assets Fund Balance$1,498,597$2,262,555▲ $763,958
Total Liabilities and Net Assets / Fund Balance$1,504,973$2,307,139▲ $802,166

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,707$113,333$122,040
Leasehold Improvements$8,938$61,049$69,987
Other Land Buildings$5,581$29,421$35,002
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,324,182
Investment Income
$18,241
Other Revenue
$875
Change in Net Assets
$804,781

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,343,298
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-40,823
Total Revenue per Audited Statements
$1,302,475
Total Revenue per Form 990
$1,343,298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$353,611
Salaries, Compensation, and Employee Benefits$184,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,711$67,711-$135,422
Pension Plan Contributions$10,993$10,993-$21,986
Occupancy$16,409$5,470-$21,879
Other Employee Benefits$8,568$8,568-$17,136
Conferences and Meetings$12,068--$12,068
Office Expenses$1,184$10,658-$11,842
Fees for Services Accounting-$10,936-$10,936
Payroll Taxes$5,181$5,181-$10,362
Depreciation Depletion$6,858$1,715-$8,573
Insurance$1,183$4,734-$5,917
Other Expenses$280,466$498-$498
Total Functional Expenses$410,621$127,896$0$538,517

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$538,517
Total Expenses per Audited Statements$538,517
Total Expenses per Form 990$538,517
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Asset Liability$32,365
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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

Organization's process to review form 990 the completed 990 is presented to the board of trustees for review prior to filing

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

Enforcement of conflicts policy the board of trustees and principal employees and contractors are inquired of annually to disclose any known conflicts of interest.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation governing documents are made available upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Oak Ridge Electrical Joint
EIN
62-6043461
Phone
8654839955
Address
PO BOX 4968, OAK RIDGE, TN 37831

Signing Officer

Name
James Brooks
Title
Chairman
Phone
8654839955
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Brooks
Formed
2006
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Henderson Hutcherson & Mccullough Pllc
Address
1200 MARKET STREET, CHATTANOOGA, TN 37402
Preparer
Eric Liddy CPA
Phone
4237567771
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year

Financial Statement Notes

PART X, LINE 2:

As of december 31, 2022, the entity had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 419 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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0503121
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0354280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03700727
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010312
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016464
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011328
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt073496
IRS990ScheduleA/InvestmentIncomeCYPct00.01950
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98050
IRS990ScheduleA/PublicSupportTotal509Amt03700727
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01319507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0909355
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0614464
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0503121
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0354280
IRS990ScheduleA/Total509Grp/TotalAmt03700727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01337748
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0919667
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0631615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0519585
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0365608
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03774223
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt08707
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113333
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122040
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0538517
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08938
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt061049
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt069987
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-40823
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05581
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029421
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE ASSET LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt0-40823
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01343298
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS OF DECEMBER 31, 2022, THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0538517
IRS990ScheduleD/TotalLiabilityAmt032365
IRS990ScheduleD/TotalRevenuePerForm990Amt01343298
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01302475
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0538517
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE COMPLETED 990 IS PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS POLICY THE BOARD OF TRUSTEES AND PRINCIPAL EMPLOYEES AND CONTRACTORS ARE INQUIRED OF ANNUALLY TO DISCLOSE ANY KNOWN CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01504973
IRS990/TotalAssetsEOYAmt02307139
IRS990/TotalAssetsGrp/BOYAmt01504973
IRS990/TotalAssetsGrp/EOYAmt02307139
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0127896
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0410621
IRS990/TotalFunctionalExpensesGrp/TotalAmt0538517
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06376
IRS990/TotalLiabilitiesEOYAmt044584
IRS990/TotalLiabilitiesGrp/BOYAmt06376
IRS990/TotalLiabilitiesGrp/EOYAmt044584
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01498597
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02262555
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0410621
IRS990/TotalProgramServiceRevenueAmt01324182
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018241
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01325057
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01343298
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01504973
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02307139
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06183 OLD DIXIE HWY
IRS990/USAddress/CityNm0SPRING CITY
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037381
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.OREJATC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES BROOKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08654839955
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAK RIDGE ELECTRICAL JOINT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0APPRENTICESHIP AND TRAINING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0OAKR
ReturnHeader/Filer/EIN0626043461
ReturnHeader/Filer/PhoneNum08654839955
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4968
ReturnHeader/Filer/USAddress/CityNm0OAK RIDGE

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