INTERNAT'L UNION OF OPERATING ENGINEERS LOCAL 295-295C JOINT EDUCATIONAL FUND (EIN 113459892) - 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

1997

Legal Domicile

Principal Officer

ANGELO CORDISCO

Phone

7186721415

Tax Period

2024-01-01 to 2024-12-31

INTERNAT'L UNION OF OPERATING ENGINEERS LOCAL 295-295C JOINT EDUCATIONAL FUND, founded in 1997, is a small nonprofit in the Employment sector that reported $391K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 23% operating margin.

Mission

EDUCATION AND TRAINING TO IMPROVE THE SKILLS OF MEMBER ENGINEERS IN THE INTERNATIONAL UNION OF OPERATING ENGINEERS, LOCAL 295-295B, C, D.

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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 $0

Program Service Revenue $340,459

Investment Income $41,164

Other Revenue $9,722

TOTAL REVENUE $391,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $162,442

Fundraising Expenses $0

Program Expenses $68,448

Other Expenses $68,846

TOTAL EXPENSES $299,736

Year-over-Year Comparison

	2024	2023	Change
Revenue	$391,345	$264,242	+0.5%
Expenses	$299,736	$182,156	+0.6%
Net Income	$91,609	$82,086	+0.1%

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

N/A

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

$437,178

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CATALANO	TRUSTEE	1.00	Director	$0	$0	$0
MARIN PAPIC	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN SCRUTI	TRUSTEE	1.00	Director	$0	$0	$0
ISRAEL MEDAK	TRUSTEE	1.00	Director	$0	$0	$0
ANGELO CORDISCO	FUND ADMINISTRATOR	5.00	Officer	$0	$137,527	$437,178

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
2025	No data	No data	No data	No data
2024	$391,345	$299,736	$1,380,016	$91,609
2023	$264,242	$182,156	$1,278,388	$82,086
2022	$260,995	$188,934	$1,080,741	$72,061
2021	$242,337	$148,841	$1,183,406	$93,496
2020	$259,001	$117,485	$1,032,800	$141,516
2019	$236,976	$177,524	$822,474	$59,452
2018	$183,566	$86,565	$678,888	$97,001

INTERNAT'L UNION OF OPERATING ENGINEERS LOCAL 295-295C JOINT EDUCATIONAL FUND