FIVE BORO ELECTRICAL CONTRACTORS ASSOCIATION INC

EIN: 116035492

BROOKLYN, NY

Total Revenue
$67,096
Total Expenses
$55,741
Total Assets
$438,239
Net Assets
$438,239
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NY
Principal Officer
THOMAS BERGER
Phone
7188461102
Tax Period
2023-01-01 to 2023-12-31

FIVE BORO ELECTRICAL CONTRACTORS ASSOCIATION INC, founded in 1957, is a micro nonprofit that reported $67K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $11K, a strong 17% operating margin.

Mission

ELECTRICAL CONTRACTORS WITH A COMMON INTEREST OF PROMOTING THEIR TRADE AND CONTINUALLY EDUCATING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,925
Program Service Revenue $33,650
Investment Income $3,271
Other Revenue $1,250
TOTAL REVENUE $67,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $55,741
TOTAL EXPENSES $55,741

Year-over-Year Comparison

2023 2022 Change
Revenue $67,096 $79,640 -0.2%
Expenses $55,741 $52,432 +0.1%
Net Income $11,355 $27,208 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BERGER PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $67,096 $55,741 $438,239 $11,355
2023 No data No data No data No data
2022 $79,640 $52,432 $426,884 $27,208
2021 $48,086 $12,717 $399,676 $35,369
2020 $44,431 $20,462 $364,307 $23,969
2019 $92,690 $63,141 $340,338 $29,549
2018 $69,545 $63,240 $311,757 $6,305
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