PLASTERERS & CEMENT MASONS LOCAL NO 111 APPRENTICE TRAINING FUND (EIN 161588138) - 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

1967

Legal Domicile

Principal Officer

JOHN TOMASELLO

Phone

7166951494

Tax Period

2023-09-01 to 2024-08-31

PLASTERERS & CEMENT MASONS LOCAL NO 111 APPRENTICE TRAINING FUND, founded in 1967, is a small nonprofit that reported $205K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $95K, a strong 46% operating margin.

Mission

TO PROVIDE TRAINING AND EDUCATION TO HELP MEMBERS PERFORM THEIR JOBS MORE EFFICIENTLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $184,272

Investment Income $20,671

Other Revenue $0

TOTAL REVENUE $204,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,518

Fundraising Expenses $0

Program Expenses $77,545

Other Expenses $37,726

TOTAL EXPENSES $110,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$204,943	$178,328	+0.1%
Expenses	$110,244	$101,594	+0.1%
Net Income	$94,699	$76,734	+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

$148,538

Total Directors

$148,538

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN TOMASELLO	COORDINATOR/TRUSTEE	0.50	Officer Director	$0	$0	$73,736
CHARLES LOCURTO	FINANCIAL SECRETARY/TRUSTEE	0.50	Officer Director	$434	$0	$74,802
MARK CATALANO	TRUSTEE	0.50	Director	$0	$0	$0
JIM LOGAN	TRUSTEE	0.50	Director	$0	$0	$0
JASON AIGNER	TRUSTEE	0.50	Director	$0	$0	$0
JOE BENEDICT	TRUSTEE	0.50	Director	$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	$204,943	$110,244	$372,417	$94,699

PLASTERERS & CEMENT MASONS LOCAL NO 111 APPRENTICE TRAINING FUND