COMMERCIAL EMPLOYEES - LOCAL 94-94A 94B TRAINING FUND (EIN 133056021) - 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

1979

Legal Domicile

Phone

2125419880

Tax Period

2024-01-01 to 2024-12-31

COMMERCIAL EMPLOYEES - LOCAL 94-94A 94B TRAINING FUND, founded in 1979, is a community nonprofit in the Employment sector that reported $2.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $9.2M represent 39 months of operating reserves.

Mission

THE PURPOSE OF THE FUND IS 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 $100,000

Program Service Revenue $2,374,445

Investment Income $315,837

Other Revenue $12,786

TOTAL REVENUE $2,803,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,393,293

Fundraising Expenses $0

Program Expenses $2,365,524

Other Expenses $1,398,037

TOTAL EXPENSES $2,791,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,803,068	$2,564,912	+0.1%
Expenses	$2,791,330	$2,532,262	+0.1%
Net Income	$11,738	$32,650	-0.6%

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

$361,473

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KUBA BROWN	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL GADALETA	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS HART	TRUSTEE	1.00	Director	$0	$0	$0
RAYMOND MACCO	TRUSTEE	1.00	Director	$0	$0	$0
HOWARD ROTHSCHILD	TRUSTEE	1.00	Director	$0	$0	$0
NICHOLAS LANZILLOTTO	TRUSTEE	1.00	Director	$0	$0	$0
CHI CHU	TRUSTEE/INSTRUC	3.00	Director	$0	$0	$0
ROBERT SCHWARTZ	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN BRENNAN	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM FARANDA	EXECUTIVE DIR.	4.00	Officer	$0	$92,622	$361,473
DAVID HAWKINS	TRAINING DIRECTOR	40.00	Highest	$211,251	$84,183	$295,434
BRIAN FABIAN	ASSISTANT TRAINING DIRECTOR	40.00	Highest	$205,622	$82,858	$288,480

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	$2,803,068	$2,791,330	$9,620,797	$11,738
2023	$2,564,912	$2,532,262	$9,582,695	$32,650
2022	$2,640,353	$2,461,904	$9,162,540	$178,449
2021	$2,544,064	$2,215,541	$10,470,617	$328,523
2020	$2,384,078	$2,292,632	$9,906,197	$91,446
2019	$2,560,305	$2,347,858	$9,695,930	$212,447
2018	$476,705	$2,191,573	$8,267,489	$-1,714,868

COMMERCIAL EMPLOYEES - LOCAL 94-94A 94B TRAINING FUND