Charity Search / BOILERMAKERS NORTHEAST AREA APPRENTICESHIP TRUST
Employment (J22) 990 on File

BOILERMAKERS NORTHEAST AREA APPRENTICESHIP TRUST

EIN: 93-2514455 · EAST HARTFORD, CT 06108-2043 · United States · FY 2025 Data
2 out of 5 34 / 100 Based on 2+ years of filings
Financial strength (30%) 46/100
Reliability (20%) 40/100
Effectiveness (25%) 48/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$2.5M
Total Revenue
$2.4M
Total Expenses
$7.6M
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 33.1%
Fundraising Efficiency N/A
Operating Reserve 38.19x
Liability-to-Asset 1.2%
Revenue Diversification 87.3%
Executive Compensation $364K
Compared with Peers
FY 2025
Compared with 483 similar organizations (United States, Employment, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
33.1% 85.5%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
66.9% 13.1%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
38.2 mo 11.8 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.2% 12.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
87.3% 92.0%
P10P90
Above median
Revenue growth
Year over year revenue growth
-15.3% 4.1%
P10P90
Expense growth
Year over year expense growth
-7.5% 6.2%
P10P90
Surplus margin
Surplus as a share of revenue
2.4% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $2.5M $2.4M $7.6M 33.1% 3
2024 $2.9M $2.6M $7.5M 39.7% 3
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Organization Details
EIN
93-2514455
State
CT
City
EAST HARTFORD
ZIP
06108-2043
Classification
J22
Category
Employment
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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