ELECTRI INTERNATIONAL - THE FOUNDATION FOR ELECTRICAL CONSTRUCTION INC

EIN: 521643734 501(c)(3) Science & Technology

WASHINGTON, DC

Total Revenue
$5,454,741
Total Expenses
$3,139,260
Total Assets
$33,021,640
Net Assets
$31,986,293
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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
1988
Legal Domicile
MD
Principal Officer
JOSHUA BONE
Phone
2029916300
Tax Period
2024-01-01 to 2024-12-31

ELECTRI INTERNATIONAL - THE FOUNDATION FOR ELECTRICAL CONSTRUCTION INC, founded in 1988, is a community nonprofit in the Science & Technology sector that reported $5.5M in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 42% operating margin.

Mission

TO USE ITS RESOURCES TO COMMISSION AND DISSEMINATE COLLABORATIVE AND INNOVATIVE RESEARCH, EDUCATION, AND TECHNOLOGY SOLUTIONS THAT ADVANCE THE FUTURE GROWTH AND PROSPERITY OF THE ELECTRICAL CONSTRUCTION INDUSTRY.

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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 $3,351,617
Program Service Revenue $280,310
Investment Income $1,822,594
Other Revenue $220
TOTAL REVENUE $5,454,741

Expense Breakdown

Grants Paid $35,000
Salaries & Benefits $1,111,820
Fundraising Expenses $155,259
Program Expenses $2,462,603
Other Expenses $1,992,440
TOTAL EXPENSES $3,139,260

Year-over-Year Comparison

2024 2023 Change
Revenue $5,454,741 $3,038,026 +0.8%
Expenses $3,139,260 $2,858,682 +0.1%
Net Income $2,315,481 $179,344 +11.9%
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
9
Independent Members
9
Employees
N/A
Volunteers
250

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
5
$1,739,868
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIRK DAVIS PRESIDENT 1.00
Officer Director
$0 $0 $0
LARRY BELTRAMO PAST - PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLIE HOLLAND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GREG PADALECKI TRUSTEE 1.00
Director
$0 $0 $0
JAMES MACDONALD TRUSTEE 1.00
Director
$0 $0 $0
RICHARD W MCBRIDE TRUSTEE EMERITUS 1.00
Director
$0 $0 $0
GREG LONG TRUSTEE 1.00
Director
$0 $0 $0
DONALD LAFFOON TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN GIANOTTI TRUSTEE 1.00
Director
$0 $0 $0
DAVID LONG TREASURER 1.00
Officer
$0 $195,688 $1,299,921
JOSHUA BONE EXEC DIRECTOR/SECRETARY 34.00
Officer
$374,430 $65,517 $439,947
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 $5,454,741 $3,139,260 $33,021,640 $2,315,481
2023 $3,038,026 $2,858,682 $30,904,610 $179,344
2022 $2,755,120 $2,720,998 $28,109,445 $34,122
2021 $2,895,459 $1,844,223 $31,779,910 $1,051,236
2020 $1,549,251 $1,574,616 $28,209,420 $-25,365
2019 $1,292,402 $1,737,936 $26,709,039 $-445,534
2018 $1,591,303 $1,587,955 $24,019,562 $3,348
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