AUGUSTA ELECTRICAL JATC (EIN 016044928) - 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

1976

Legal Domicile

Principal Officer

NICHOLAS PAQUET

Phone

2074530135

Tax Period

2024-01-01 to 2024-12-31

AUGUSTA ELECTRICAL JATC, founded in 1976, is a small nonprofit in the Employment sector that reported $819K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

TO PROVIDE APPRENTICESHIP TRAINING IN THE ELECTRICAL CONSTRUCTION INDUSTRY, AS WELL AS PROVIDE CONTINUING EDUCATION FOR JOURNEYMEN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $680,250

Program Service Revenue $82,810

Investment Income $23,276

Other Revenue $32,652

TOTAL REVENUE $818,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $432,263

Fundraising Expenses $24,405

Program Expenses $608,057

Other Expenses $373,673

TOTAL EXPENSES $805,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$818,988	$952,842	-0.1%
Expenses	$805,936	$659,653	+0.2%
Net Income	$13,052	$293,189	-1.0%

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

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

$138,090

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS PAQUET	CHAIRMAN	0.80	Officer Director	$0	$0	$0
LESCAR BEANE	SECRETARY	0.80	Officer Director	$0	$0	$0
KRISTEN GOWIN	TRUSTEE	0.80	Officer Director	$0	$0	$0
JASON WILDE	TRUSTEE	0.80	Officer Director	$0	$0	$0
CHUCK FRASER	TRUSTEE	0.80	Director	$0	$0	$0
LUCAS VANADESTINE	TRUSTEE	0.80	Director	$0	$0	$0
GEORGE HOWE	TRAINING DIR	50.00	Officer	$130,069	$8,021	$138,090

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	$818,988	$805,936	$1,077,311	$13,052
2023	$952,842	$659,653	$1,092,903	$293,189
2022	$570,980	$497,091	$828,750	$73,889
2021	$453,691	$351,313	$789,834	$102,378
2020	$352,229	$297,196	$591,230	$55,033
2019	$366,655	$232,660	$514,320	$133,995
2018	$414,217	$229,703	$380,066	$184,514

AUGUSTA ELECTRICAL JATC