SMART LOCAL 137 APPRENTICE TRAINING FUND (EIN 132728844) - 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

1971

Legal Domicile

Phone

7189374514

Tax Period

2024-01-01 to 2024-12-31

SMART LOCAL 137 APPRENTICE TRAINING FUND, founded in 1971, is a small nonprofit in the Employment sector that reported $939K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $177K, a strong 19% operating margin.

Mission

TO PROVIDE TRAINING, SKILL IMPROVEMENT AND SAFETY EDUCATION TO ELIGIBLE PARTICIPANTS.

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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 $859,068

Investment Income $78,106

Other Revenue $1,857

TOTAL REVENUE $939,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,619

Fundraising Expenses $0

Program Expenses $621,176

Other Expenses $668,177

TOTAL EXPENSES $761,796

Year-over-Year Comparison

	2024	2023	Change
Revenue	$939,031	$996,257	-0.1%
Expenses	$761,796	$773,199	0.0%
Net Income	$177,235	$223,058	-0.2%

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

$191,856

Total Directors

$2,655

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANTE DANO JR	UNION TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY FOTIADIS	UNION TRUSTEE	1.00	Director	$0	$0	$0
KEVIN GOING	EMPLYR TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN BRAGOLI	EMPLYR TRUSTEE	1.00	Director	$0	$0	$0
RUSSELL CAPALDO	UNION TRUSTEE	1.00	Director	$0	$1,017	$2,655
SHANNA PERAS	EMPLYR TRUSTEE	1.00	Director	$0	$0	$0
RICHARD BASULTO	FUND ADMINISTRATOR	3.00	Officer	$0	$67,253	$191,856
PETER SCAGLIONE	TRAINING DIR	0.00	Officer	$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	$939,031	$761,796	$3,504,462	$177,235
2023	$996,257	$773,199	$3,267,720	$223,058
2022	$1,007,702	$668,071	$2,930,795	$339,631
2021	$955,288	$695,098	$2,583,071	$260,190
2020	$811,602	$701,748	$2,423,186	$109,854
2019	$1,105,890	$722,582	$2,250,510	$383,308
2018	$979,989	$715,780	$1,867,255	$264,209

SMART LOCAL 137 APPRENTICE TRAINING FUND