Rio Grande Valley Laredo Electric JATC Trust Fund (EIN 201740495) - 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

2005

Legal Domicile

Phone

9566303108

Tax Period

2024-01-01 to 2024-12-31

Rio Grande Valley Laredo Electric JATC Trust Fund, founded in 2005, is a small nonprofit that reported $597K in total revenue in fiscal year 2024. The organization ran a surplus of $228K, a strong 38% operating margin.

Mission

The Rio Grande Valley Laredo Electric Joint Apprenticeship and Training Committee Trust Fund (the School) provides quality training to those interested in a career in the electrical industry. The School provides classroom training and on the job training.

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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 $353,858

Program Service Revenue $214,168

Investment Income $28,589

Other Revenue $0

TOTAL REVENUE $596,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $231,806

Fundraising Expenses $0

Program Expenses $256,974

Other Expenses $136,917

TOTAL EXPENSES $368,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$596,615	$574,833	+0.0%
Expenses	$368,723	$334,676	+0.1%
Net Income	$227,892	$240,157	-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

N/A

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

$160,655

Total Directors

$160,655

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sergio A Salinas	Chairman	20.00	Officer Director	$63,425	$0	$160,655
Carlos Bush	Trustee	1.00	Director	$0	$0	$0
Angel Castillo	Trustee	1.00	Director	$0	$0	$0
Fernando Flores	Trustee	1.00	Director	$0	$0	$0
Santiago Tamaz	Trustee	1.00	Director	$0	$0	$0
Hector Longoria	Trustee	1.00	Director	$0	$0	$0
Osvaldo Cabada Jr	Training Dir.	40.00	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	$596,615	$368,723	$860,824	$227,892
2023	$574,833	$334,676	$634,575	$240,157
2022	$290,871	$258,229	$393,785	$32,642
2021	$441,211	$312,920	$361,558	$128,291
2020	$220,852	$198,193	$236,522	$22,659
2018	$294,554	$215,800	$177,827	$78,754

Rio Grande Valley Laredo Electric JATC Trust Fund