NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (EIN 750788846) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Principal Officer

Jackie Veazey

Phone

8063676230

Tax Period

2025-01-01 to 2025-12-31

NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION, founded in 1949, is a small nonprofit that reported $532K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $175K, a strong 33% operating margin.

Mission

Serve electrical contractors at the local level of NECA; provide education and information to people in the electrical 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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $478,916

Investment Income $43,718

Other Revenue $8,970

TOTAL REVENUE $531,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $260,117

Fundraising Expenses $0

Program Expenses $233,472

Other Expenses $96,034

TOTAL EXPENSES $356,151

Year-over-Year Comparison

	2025	2024	Change
Revenue	$531,604	$623,813	-0.1%
Expenses	$356,151	$345,186	+0.0%
Net Income	$175,453	$278,627	-0.4%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JP Mills	President	1	Officer	$0	$0	$0
Tom Wiley	Vice-President	1	Officer	$0	$0	$0
Jackie Veazey	Executive Manager	1	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
2025	$531,604	$356,151	$1,255,553	$175,453
2024	$623,813	$345,186	$1,044,444	$278,627
2023	$408,762	$277,528	$746,178	$131,234
2022	$312,974	$263,697	$583,196	$49,277
2021	$288,597	$268,365	$584,040	$20,232
2020	$286,972	$273,406	$524,665	$13,566

NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION