BEducationEIN: 522048675· Ruling Year: 1998

I E C Chesapeake Apprenticeship & Training Inc

Laurel, Maryland

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.50×
Peer Median20.77×
💰
$3.7M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$4.5M
Net Assets
📋
$505K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.3%
Year-over-year change (2023 → 2024)
Net Margin
+19.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.50
Net assets divided by total expenses
Liabilities-to-Assets
10.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$3,705,88017%$2,981,89117%$4,985,82021%
2023$3,158,9569%$2,559,36914%$4,111,60032%
2022$2,893,28912%$2,252,23312%$3,113,50713%
2021$2,574,00820%$2,002,7746%$2,760,00661%
2020$2,149,6949%$1,891,43116%$1,710,93926%
2019$1,969,8497%$1,625,0071%$1,355,64318%
2018$1,832,9967%$1,602,86119%$1,152,71246%
2017$1,709,61426%$1,351,34111%$790,27610%
2016$1,356,682358%$1,215,117125%$715,58034%
2015$295,93476%$540,24849%$535,930
2014$1,212,03925%$1,058,6284%$535,17841%
2013$969,9314%$1,098,66515%$378,94644%
2012$929,0381%$956,0584%$675,26528%
2011$939,663$915,043$526,695

Frequently Asked Questions

What does I E C Chesapeake Apprenticeship & Training Inc do?

I E C Chesapeake Apprenticeship & Training Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is I E C Chesapeake Apprenticeship & Training Inc financially healthy?

Based on our 9-metric Financial Health Score model, I E C Chesapeake Apprenticeship & Training Inc has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does I E C Chesapeake Apprenticeship & Training Inc generate?

I E C Chesapeake Apprenticeship & Training Inc reports $4.1M in annual revenue and holds $6.4M in total assets, based on IRS filings.

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