Electrical Safety Professionals EIN 83-1802107 Form 990 (PDF) Claim this org

Electrical Safety Professionals FY2022 filing

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Electrical Safety Professionals is an education nonprofit based in Las Vegas, NV. For fiscal year 2022 it reported $83K in revenue, $65K in expenses, and $18K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Las Vegas, NV
Filings
5 on file (2020–2022)
Revenue
$83KFY2022
Expenses
$65K
Net assets
$18K
People
1
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1802107 Public charity (501(c)(3)) Las Vegas, NV
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
an education nonprofit
Leadership
Howard Herndon · President
Money in and out
$83K revenue, $65K expenses
Bottom line
21% program efficiency
Where the money goes · FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $18K
Where spending went · Part IX cols B–D
Program services $0.21 Management & general $0.79
Program efficiency
21%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$83K
FY2022▲ +35%
Expenses
$65K
FY2022▼ -6%
Total assets
$25K
FY2022
Total liabilities
$7K
FY2022
Total revenue
$83K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$18K
Total assetsPt X · Ln 16$25K
Program-expense ratioPt IX · col B21%
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 $13K of program spending, described in the organization's own filed words · FY2022.
01

Provide electrical program training at educode

$13Kprogram 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.

$780program 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
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Statement of Revenue

Part VIII
Program service revenue$49K · 59%
Contributions & grants$34K · 41%
Program service revenue59%$49K
Contributions & grants41%$34K
Total revenueLn 12$83K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.21 Management & general $0.79
Program services21%$13K
Management & general79%$52K
Total functional expensesLn 25$65K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$25K
Total liabilitiesLn 26$7K
Total net assetsLn 32$18K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $25K · Operating expenses/yr $65K
4.5 months
Where the money goes
Program services
Program services $13K · Total expenses $65K
21%
Management & General
Management & general $52K · Total expenses $65K
79%
Fundraising
Fundraising $0 · Total expenses $65K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $21K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $34K · Total revenue $83K
41%
Government reliance
Government grants — · Total revenue $83K
Earned-income share
Program service revenue $49K · Total revenue $83K
59%
Investment reliance
Investment income $0 · Total revenue $83K
0%
Program self-sufficiency
Program service revenue $49K · Total expenses $65K
75%
Growth & trend
Revenue growth (YoY)
This year $83K · Prior year $62K
+35%
Net-asset trend (YoY)
End of year $18K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $83K · Expenses $65K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $25K
Net-asset ratio
Net assets $18K · Total assets $25K
73%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $25K
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 $65K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $45K · Total expenses $65K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 21%
Overhead ratio 79%
Fundraising cost ratio 0%
Revenue growth 35%

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 · ⤓ 990 PDF
FY2023$79K revenue · ⤓ 990 PDF
FY2022$83K revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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