YMutual & Membership BenefitEIN: 846474734· Ruling Year: 2023

Wayne J Griffin Electric Inc Welfare Benefit Plan Trust

Holliston, Massachusetts

B-Health Score
52B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median10.70×
💰
$22.5M
Total Revenue
📊
$22.1M
Total Expenses
🏦
$1.4M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
58.4%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$22,509,1224%$22,130,9165%$3,422,305227%
2022$21,644,11520%$21,056,21613%$1,046,484128%
2021$18,092,13011%$18,586,71921%$458,58580%
2020$16,274,030$15,320,856$2,323,071232307000%
2019$0$0$1

Frequently Asked Questions

What does Wayne J Griffin Electric Inc Welfare Benefit Plan Trust do?

Wayne J Griffin Electric Inc Welfare Benefit Plan Trust is a mutual & membership benefit nonprofit organization based in Massachusetts. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wayne J Griffin Electric Inc Welfare Benefit Plan Trust financially healthy?

Based on our 9-metric Financial Health Score model, Wayne J Griffin Electric Inc Welfare Benefit Plan Trust has a score of 52/100 (Grade: B-). 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 Wayne J Griffin Electric Inc Welfare Benefit Plan Trust generate?

Wayne J Griffin Electric Inc Welfare Benefit Plan Trust reports $19.6M in annual revenue and holds $4.9M in total assets, based on IRS filings.

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