Norfolk, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Joint Apprenticeship Committee Tidewater Electrical Industry, founded in 1960, is a small nonprofit that reported $918K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $140K, a strong 15% operating margin.
The organization provides training to apprentices for the electrical industry in the Hampton Roads area.
Program services include the education and training of electrical apprentice students in preparation for them to enter the workforce. Classroom and field training is utilized to accomplish the...
Program services include the education and training of electrical apprentice students in preparation for them to enter the workforce. Classroom and field training is utilized to accomplish the program objectives. Apprentices are also tested and upon successful completion, graduated and placed in work environments.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $918,136 | $773,232 | +0.2% |
| Expenses | $777,875 | $663,096 | +0.2% |
| Net Income | $140,261 | $110,136 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MEGHAN HURT | TRAINING DIRECTOR | 40.00 |
|
$95,846 | $15,854 | $111,700 |
| BRIAN MARTIN | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| PHILLIP JAMES | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| LOUIS RICK | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| RANDY HEWITT | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| scott blankenburg | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| DEREK SAMUELSON | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| DENNIS FLOYD | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Larry Shaffer | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Kyler Cattrell | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $918,136 | $777,875 | $2,637,387 | $140,261 |
| 2024 | $773,232 | $663,096 | $2,529,578 | $110,136 |
| 2023 | $561,375 | $553,963 | $2,449,618 | $7,412 |
| 2022 | $761,934 | $348,593 | $1,274,103 | $413,341 |
| 2021 | $697,253 | $356,476 | $906,559 | $340,777 |
| 2020 | $349,142 | $394,037 | $566,040 | $-44,895 |
| 2019 | $314,001 | $342,384 | $615,299 | $-28,383 |
Compare Joint Apprenticeship Committee Tidewater Electrical Industry with other nonprofits in Virginia and across the country.