INTERNATIONAL UNION OF OPER ENG LOCAL 30 APPRENTICE TRAIN & SKILL IMPROVEMENT FD (EIN 132505715) - 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

1991

Legal Domicile

Principal Officer

DARREN TURTON

Phone

7188478484

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL UNION OF OPER ENG LOCAL 30 APPRENTICE TRAIN & SKILL IMPROVEMENT FD, founded in 1991, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $486K, a strong 17% operating margin.

Mission

TO OPERATE A TRAINING PROGRAM FOR QUALIFIED PARTICIPANTS IN ORDER TO PROVIDE A POOL OF SKILLED INDIVIDUALS, INCLUDING STATIONARY ENGINEERS, REFRIGERATION ENGINEERS, APPRENTICE TRAINING ENGINEERS AND TRAINEES ENGAGED IN OPERATING VARIOUS TYPES OF HEATING AND REFRIGERATION EQUIPMENT.

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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 $55,297

Program Service Revenue $2,703,181

Investment Income $20,247

Other Revenue $0

TOTAL REVENUE $2,778,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,099,869

Fundraising Expenses $0

Program Expenses $1,950,959

Other Expenses $1,193,349

TOTAL EXPENSES $2,293,218

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,778,725	$2,327,486	+0.2%
Expenses	$2,293,218	$1,819,095	+0.3%
Net Income	$485,507	$508,391	0.0%

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

$328,834

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER DILEONE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
FRANK GIBBONS	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
HOWARD FOX	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
JOHN CULKIN	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
KEVIN CRUSE	UNION TRUSTEE	1.00	Director	$0	$0	$0
ROBERT MOCCIO	UNION TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM LYNN	UNION TRUSTEE - CHAIRMAN	1.00	Director	$0	$0	$0
ROBERT WILSON	UNION TRUSTEE	1.00	Director	$0	$0	$0
DANA SANDERS	UNION TRUSTEE	1.00	Director	$0	$0	$0
FRED SURACE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
DARREN TURTON	FUND ADMINISTRATOR	1.00	Officer	$6,908	$79,198	$328,834
PATRICK J LYNN	DIRECTOR OF APPRENTICESHIP	40.00	Highest	$318,766	$100,041	$418,807
ANDREW HOGAN	INSTRUCTOR	40.00	Highest	$167,991	$66,698	$234,689

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	$2,778,725	$2,293,218	$7,252,090	$485,507
2023	$2,327,486	$1,819,095	$6,736,308	$508,391
2022	$2,175,456	$1,295,528	$3,418,138	$879,928
2021	$2,144,640	$1,175,847	$2,461,207	$968,793
2020	$1,452,552	$1,019,608	$1,566,054	$432,944
2019	$1,413,640	$1,070,060	$1,150,317	$343,580
2018	$1,209,545	$1,076,104	$760,483	$133,441
2018	$1,209,545	$1,076,104	$760,483	$133,441
2017	$1,452,459	$989,630	$760,697	$462,829

INTERNATIONAL UNION OF OPER ENG LOCAL 30 APPRENTICE TRAIN & SKILL IMPROVEMENT FD