UA LOCAL 716 APPRENTICESHIP & TRAINING (EIN 010462738) - 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

2009

Legal Domicile

Principal Officer

ANTHONY SIROIS

Phone

2032697741

Tax Period

2023-01-01 to 2023-12-31

UA LOCAL 716 APPRENTICESHIP & TRAINING, founded in 2009, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $390K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO BETTER THE CONDITIONS OF WORKERS, IMPROVE THEIR SKILL LEVEL, AND DEVELOP A HIGHER DEGREE OF EFFICIENCY AND COMPETENCY BY PROVIDING CLASSROOM EDUCATION AND ON THE JOB TRAINING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,350

Program Service Revenue $297,185

Investment Income $128

Other Revenue $-10,998

TOTAL REVENUE $305,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $205,478

Fundraising Expenses $0

Program Expenses $364,447

Other Expenses $184,773

TOTAL EXPENSES $390,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,665	$322,672	-0.1%
Expenses	$390,251	$340,955	+0.1%
Net Income	$-84,586	$-18,283	+3.6%

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
GARY SAINIO	TRUSTEE	2.00	Director	$0	$0	$0
JOHN NAPOLITANO	TRUSTEE	2.00	Director	$0	$0	$0
BEAU LIBBY	TRUSTEE	2.00	Director	$0	$0	$0
ANTHONY SIRIOS	TRUSTEE	2.00	Director	$0	$0	$0
PARRIE WILLETTE	TRUSTEE	2.00	Director	$0	$0	$0
CHAD ELLIS	TRUSTEE	2.00	Director	$0	$0	$0
DAN NELSON	TRUSTEE	2.00	Director	$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
2024	No data	No data	No data	No data
2023	$305,665	$390,251	$875,745	$-84,586
2022	$322,672	$340,955	$1,088,860	$-18,283
2021	$400,536	$316,302	$1,116,606	$84,234
2020	$283,754	$305,070	$1,088,643	$-21,316
2019	$414,008	$380,834	$1,080,624	$33,174
2018	$375,094	$289,443	$1,049,320	$85,651

UA LOCAL 716 APPRENTICESHIP & TRAINING