SPRINGFIELD ELECTRICAL JATC TRUST (EIN 043173264) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

MICHAEL QUINN

Phone

4137372253

Tax Period

2023-01-01 to 2023-12-31

SPRINGFIELD ELECTRICAL JATC TRUST, founded in 1962, is a small nonprofit in the Employment sector that reported $695K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

A TRAINING AND EDUCATION PROGRAM FOR APPRENTICES AND JOURNEYMEN IN THE ELECTRICAL TRADE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $637,811

Investment Income $7,459

Other Revenue $49,766

TOTAL REVENUE $695,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $292,630

Fundraising Expenses $0

Program Expenses $580,381

Other Expenses $435,225

TOTAL EXPENSES $727,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$695,036	$625,189	+0.1%
Expenses	$727,855	$761,518	0.0%
Net Income	$-32,819	$-136,329	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$160,296

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL QUINN	TRUSTEE	1.00	Director	$0	$0	$0
DENNIS ROBERTS	TRUSTEE	1.00	Director	$0	$0	$0
DAN D'ALMA	TRUSTEE (P)	1.00	Director	$0	$0	$0
ANDREW COLLINS	TRUSTEE	1.00	Director	$0	$0	$0
KAITLYN ST PIERRE	TRUSTEE (P)	1.00	Director	$0	$0	$0
JEAN CREVIER	TRUSTEE	1.00	Director	$0	$0	$0
JEREMY DUNN	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY ARMITAGE	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL DURKEE	TRUSTEE	1.00	Director	$0	$0	$0
BRANDON CHOINIERE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN PIERRE CREVIER	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GOUR	TRAINING DIRECTOR	40.00	Officer	$108,630	$51,666	$160,296

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	$695,036	$727,855	$1,098,161	$-32,819
2022	$625,189	$761,518	$1,119,161	$-136,329
2021	$600,454	$507,943	$1,258,891	$92,511
2020	$531,385	$401,533	$1,210,323	$129,852
2019	$433,238	$427,767	$1,035,613	$5,471
2018	$790,930	$412,040	$1,034,139	$378,890

SPRINGFIELD ELECTRICAL JATC TRUST