Central Florida Electrical Joint EIN 59-1290588

Central Florida Electrical Joint

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Provides scholarships and educational aid for apprentices, and continuing education support for faculty. For fiscal year 2024 it reported $1.1M in revenue, $1.1M in expenses, and $1.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Winter Park, FL
Website
www.cfelectricaljatc.org
Filings
5 on file (2020–2024)
Revenue
$1.1MFY2024
Expenses
$1.1M
Net assets
$1.6M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  59-1290588 Public charity (501(c)(3)) Winter Park, FL
Form 990 (PDF)
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Size
$1–10M
What they do
Provides scholarships and educational aid for apprentices, and continuing education support for faculty.
Leadership
Sean Donnelly · President/CEO · $110K
Money in and out
$1.1M revenue, $1.1M expenses
Bottom line
82% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.18
Program efficiency
82%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate▼ -36% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -111% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +25%
Expenses
$1.1M
FY2024▲ +63%
Total assets
$1.6M
FY2024▲ +1.0%
Total liabilities
$445
FY20240%
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $929K of program spending, described in the organization's own filed words · FY2024.
01

Expenses incurred in providing assistance, first for scholarships, education and welfare purposes, for apprenticeship students, and second for continuing education and stipends to faculty and administrators of the central florida electrical joint apprenticeship training committee.

$929Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentral Florida Electrical Joint
EINHdr · item D59-1290588
Principal addressHdr · item CWinter Park, FL
WebsiteHdr · item Jwww.cfelectricaljatc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1973

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$109,678Pt VII · Sec A
Assistant Director
$102,398Pt VII · Sec A
Chairman-Trustee Thru 02/24
$0Pt VII · Sec A
Chairman Eff. 02/24
$0Pt VII · Sec A
Secretary Eff. 02/24
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sean Donnelly$109,678$46,905
Francis Beyhl$102,398$39,830
James M Sullivan JR$79,049$63,798
Sean Donnelly$39,189

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

Part VIII
Program service revenue$1.0M · 94%
Investment income$58K · 5%
Other revenue$7K · 1%
Program service revenue94%$1.0M
Investment income5%$58K
Other revenue1%$7K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.18
Program services82%$929K
Management & general18%$203K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$942K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$445
Total net assetsLn 32$1.6M
Months of cash on handcomputed10.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.6M · Operating expenses/yr $1.1M
16.4 months
Where the money goes
Program services
Program services $929K · Total expenses $1.1M
82%
Management & General
Management & general $203K · Total expenses $1.1M
18%
Fundraising
Fundraising $0 · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.1M
0%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $1.0M · Total revenue $1.1M
94%
Investment reliance
Investment income $58K · Total revenue $1.1M
+5%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $1.1M
92%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $888K
+25%
Revenue CAGR
FY2020 $561K · FY2024 $1.1M
+18%
Net-asset trend (YoY)
End of year $1.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $1.1M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.6M · Total assets $1.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $608K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.6M
39%
People & payroll
Highest Reported Total Compensation
Individual Sean Donnelly · Reported title PRESIDENT/CEO · Highest reported compensation $110K · Total expenses $1.1M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $722K · Total expenses $1.1M
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 18%
Revenue growth 25%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$888K revenue · ⤓ 990 PDF
FY2022$683K revenue · ⤓ 990 PDF
FY2021$553K revenue · ⤓ 990 PDF
FY2020$561K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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