Electrical Safety Professionals EIN 83-1802107

Electrical Safety Professionals

EIN  83-1802107 Public charity (501(c)(3)) Las Vegas, NV
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
an education nonprofit
Leadership
Howard Herndon · President
Money in and out
$80K revenue, $78K expenses
Bottom line
31% program efficiency

Electrical Safety Professionals is an education nonprofit based in Las Vegas, NV. For fiscal year 2024 it reported $80K in revenue, $78K in expenses, and $31K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$80K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $0.31 Management & general $0.69
Program efficiency
31%
of spending reaches programs▲ +22% vs prior filing year
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate▼ -2% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -66% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$80K
FY2024▲ +1%
Expenses
$78K
FY2024▲ +6%
Total assets
$31K
FY2024▲ +5%
Total liabilities
$-8
FY2024▼ -300%
Total revenue
$80K
Pt VIII · Ln 12
Total expenses
$78K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B31%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $24K of program spending, described in the organization's own filed words · FY2024.
01

Provide electrical program training at educode

$17Kprogram expense
02

Provide nevada state-wide provisional for qualification cards for electrical industry workers including tracking and reporting of ceus required for their license renewal.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElectrical Safety Professionals
EINHdr · item D83-1802107
Principal addressHdr · item CLas Vegas, NV
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B03)
Ruling yearIRS BMFMar 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$80K
Total revenueLn 12$80K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.31 Management & general $0.69
Program services31%$24K
Management & general69%$54K
Total functional expensesLn 25$78K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$31K
Total liabilitiesLn 26$-8
Total net assetsLn 32$31K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $78K
4.7 months
Where the money goes
Program services
Program services $24K · Total expenses $78K
31%
Management & General
Management & general $54K · Total expenses $78K
69%
Fundraising
Fundraising $0 · Total expenses $78K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $80K
0%
Government reliance
Government grants — · Total revenue $80K
Earned-income share
Program service revenue $80K · Total revenue $80K
100%
Investment reliance
Investment income $0 · Total revenue $80K
0%
Program self-sufficiency
Program service revenue $80K · Total expenses $78K
102%
Growth & trend
Revenue growth (YoY)
This year $80K · Prior year $79K
+1%
Revenue CAGR
FY2020 $74K · FY2024 $80K
+2%
Net-asset trend (YoY)
End of year $31K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $80K · Expenses $78K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $31K · Total assets $31K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Howard Herndon · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $78K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $45K · Total expenses $78K
57%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 31%
Overhead ratio 69%
Revenue growth 1%
Legal 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.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$43

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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)$80K revenue · viewing · ⤓ 990 PDF
FY2023$79K revenue · ⤓ 990 PDF
FY2022$83K revenue · ⤓ 990 PDF
FY2021$62K revenue · ⤓ 990 PDF
FY2020$74K 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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