Apprentice Educational Fund
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Offers training, skill improvement, and safety education to eligible individuals. For fiscal year 2024 it reported $271K in revenue, $397K in expenses, and $504K in net assets.Pt I
Summary of the Filing
Where the work happens
To provide training, skill improvement and safety education to eligible participants.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
William Hayes’s $41K as Union Trustee/Training Dir is at the 47th percentile of top reported officer pay among 1212 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| William Hayes | $41,384 | $35,125 | $28,280 | $29,997 | $28,078 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 23% | — | — |
| Revenue growth | -34% | — | — |
| Legal fee ratio | 2% | — | — |
| Accounting fee ratio | 3% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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