Harford County Electrical Contract Assn

EIN: 521139062

Bel Air, MD

Total Revenue
$789,514
Total Expenses
$889,344
Total Assets
$822,617
Net Assets
$820,499
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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
1977
Legal Domicile
MD
Principal Officer
RONALD BLANEY
Phone
4434122800
Tax Period
2024-07-01 to 2025-06-30

Harford County Electrical Contract Assn, founded in 1977, is a small nonprofit that reported $790K in total revenue in fiscal year 2024. Expenses of $889K exceeded revenue, resulting in a 13% operating deficit.

Mission

Educational Facility

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $778,136
Investment Income $11,378
Other Revenue $0
TOTAL REVENUE $789,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $344,477
Fundraising Expenses $0
Other Expenses $521,397
TOTAL EXPENSES $889,344

Year-over-Year Comparison

2024 2023 Change
Revenue $789,514 $789,853 0.0%
Expenses $889,344 $767,518 +0.2%
Net Income $-99,830 $22,335 -5.5%
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
4
Independent Members
3
Employees
7
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT STUART VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
Wayne Desch Secretary/Treasurer 5.00
Officer Director
$0 $0 $0
Ronald Blaney PRESIDENT 5.00
Officer 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 $789,514 $889,344 $822,617 $-99,830
2024 $789,853 $767,518 $922,258 $22,335
2023 $724,900 $694,875 $897,996 $30,025
2022 $674,889 $616,447 $867,970 $58,442
2021 $737,266 $609,504 $870,327 $127,762
2020 $656,478 $609,871 $779,861 $46,607
2019 $676,823 $634,396 $635,159 $42,427
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