Kern County Electrical Apprentice and Training Fund FY2022 filing

Not tax-deductible

Bakersfield, CA501(c)(5)EIN 95-6053541

To provide education and training of apprentices, journeymen and other personnel in the electrical construction industry.

$121K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.1M a year · 37% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$121K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$26K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+47% vs prior year
Spent
$1.6M
Net assets
$15.2M
By yearFY2020–FY2024
Revenue
$3.2M
FY2022▲ +47%
Revenue by fiscal year
FY2020$1.9M
FY2021$2.2M
FY2022$3.2M
FY2023$2.9M
FY2024$4.1M
Expenses
$1.6M
FY2022▲ +10%
Expenses by fiscal year
FY2020$1.1M
FY2021$1.4M
FY2022$1.6M
FY2023$2.2M
FY2024$2.8M
Net assets
$15.2M
FY2022▲ +5%
Net assets by fiscal year
FY2020$13.6M
FY2021$14.5M
FY2022$15.2M
FY2023$16.3M
FY2024$17.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990; $121K paid to officers and key staff.

Part VII, Section A · reportable compensation
Training Director
$120,934Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Anthony Ausbie$148,509$137,350$120,934$115,726

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.

See Kern County Electrical Apprentice and Training Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No

Programs and updates

Trains workers for the electrical construction industry.

Provided by the organization

This section is blank until Kern County Electrical Apprentice and Training Fund claims this page.

Know this organization? Claim it to add your story

1 program service, described in the organization's own filed words · FY2022.
01

To provide education and training to apprentices, journeymen and other personnel in the electrical construction industry.

Pt IX · col B

Run this program? Claim this org to tell your story

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$364K
Investment incomeLn 3$286K
Money outPt IX
$1.6M
Ln 25
Owns and owesPt X
$15.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$15.2M
LiabilitiesLn 26$26K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$364K
Government grantsLn 1e$364K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$286K
Other incomeLn 4–11$192K
Gains on assetsLn 7$0
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$6K
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$9.6M
Land, buildings, equipmentLn 10c$3.5M
Other assetsLn 15$0
Total assetsLn 16$15.2M
LiabilitiesLn 26$26K
Net assetsLn 32$15.2M
OperationsPt I, VI
EmployeesI 59
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.3M$1.7M
InvestmentsLn 11–13$9.3M$9.6M
Land, buildings, equipmentLn 10c$3.5M$3.5M
Total assetsLn 16$14.5M$15.2M
LiabilitiesLn 26$48K$26K
Net assetsLn 32$14.5M$15.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$121K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$709K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$50K
Management feesLn 11a$0
Legal feesLn 11b$10K
Accounting feesLn 11c$27K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$7K
Other fees for servicesLn 11g$34K
Advertising and promotionLn 12$0
Office expensesLn 13$65K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$12K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$36K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$132K
InsuranceLn 23$25K
Other expenses (24a–d)Ln 24$314K
All other expensesLn 24e$12K
Total functional expensesLn 25$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.1M$2.8M$1.3M$17.7M 990 PDF
FY2023 $2.9M$2.2M$720K$16.3M 990 PDF
FY2022 Viewing $3.2M$1.6M$1.7M$15.2M 990 PDF
FY2021 $2.2M$1.4M$763K$14.5M 990 PDF
FY2020 $1.9M$1.1M$839K$13.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $3,206,761 across 10 lines filed
VIII-1e Government grants$364,292
VIII-1h Total contributions, gifts and grants$364,292
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,364,245 · Unrelated business $0 · Excluded from tax $0$2,364,245
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $286,211$286,211
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $62,360 · Unrelated business $0 · Excluded from tax $0$62,360
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $129,653 · Unrelated business $0 · Excluded from tax $0$129,653
VIII-12 Total revenueRelated to mission $2,556,258 · Unrelated business $0 · Excluded from tax $286,211$3,206,761
Part IX · Statement of functional expenses $1,553,733 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$120,934
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$709,066
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$49,739
IX-11a Management fees$0
IX-11b Legal fees$10,365
IX-11c Accounting fees$26,826
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$7,267
IX-11g Other fees for services$34,245
IX-12 Advertising and promotion$0
IX-13 Office expenses$64,812
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$11,693
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$36,294
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$132,285
IX-23 Insurance$24,654
IX-24 Other expenses (24a–d)$313,902
IX-24e All other expenses$11,651
IX-25 Total functional expenses$1,553,733
Part X · Balance sheet $15,196,315 assets, 22 lines filed
Asset lines not itemized here account for $51,190; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,327,158$1,743,526
X-2 Savings and temporary cash investmentsStart of year $5,773$5,863
X-3 Pledges and grants receivableStart of year $169,200$99,250
X-4 Accounts receivableStart of year $161,840$162,519
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $3,542,316$3,513,442
X-11 Publicly traded securitiesStart of year $9,291,429$9,620,525
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $20,207$0
X-16 Total assetsStart of year $14,517,923$15,196,315
X-17 Accounts payable and accrued expensesStart of year $48,143$25,871
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $48,143$25,871
X-32 Total net assets or fund balancesStart of year $14,469,780$15,170,444
X-33 Total liabilities and net assetsStart of year $14,517,923$15,196,315
Part XI · Reconciliation of net assets $15,170,444 net assets at year end
XI-1 Total revenue$3,206,761
XI-2 Total expenses$1,553,733
XI-3 Revenue less expenses$1,653,028
XI-4 Net assets at start of year$14,469,780
XI-5 Net unrealized gains (losses) on investments−$952,364
XI-10 Net assets at end of year$15,170,444

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.