K & W ELECTRIC INC VOLUNTARY EMPLOYEE BENEFIT TRUST

EIN: 421396835

Cedar Falls, IA

Total Revenue
$530,572
Total Expenses
$506,948
Total Assets
$253,982
Net Assets
$253,982
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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
1993
Legal Domicile
IA
Principal Officer
Kevin Martin
Phone
3192770415
Tax Period
2025-01-01 to 2025-12-31

K & W ELECTRIC INC VOLUNTARY EMPLOYEE BENEFIT TRUST, founded in 1993, is a small nonprofit that reported $531K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $507K left a modest 4% surplus.

Mission

Provide K&W Electric Inc.'s employees with vacation and holiday pay

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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 (2025)

Revenue Breakdown

Contributions & Grants $530,572
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $530,572

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $506,948
Other Expenses $0
TOTAL EXPENSES $506,948

Year-over-Year Comparison

2025 2024 Change
Revenue $530,572 $455,599 +0.2%
Expenses $506,948 $441,543 +0.1%
Net Income $23,624 $14,056 +0.7%
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
3
Independent Members
3
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joanna Brown Trustee 1
Director
$0 $0 $0
Kevin Martin Director/Trustee 0
Director
$0 $0 $0
Brian DeVries Director 0
Director
$0 $0 $0
Nick Steinkamp Director 0
Director
$0 $0 $0
Blaise Thurm Trustee 1
Director
$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
2025 $530,572 $506,948 $253,982 $23,624
2024 $455,599 $441,543 $230,358 $14,056
2023 $461,270 $418,988 $216,302 $42,282
2022 $592,595 $443,266 $174,020 $149,329
2021 $392,751 $438,395 $24,691 $-45,644
2020 $367,662 $327,608 $70,335 $40,054
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