LAFAYETTE APPRENTICESHIP BUILDING COMPANY LLC (EIN 201916298) - 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

2004

Legal Domicile

Principal Officer

RICK PETRY

Phone

7654910465

Tax Period

2023-01-01 to 2023-12-31

LAFAYETTE APPRENTICESHIP BUILDING COMPANY LLC, founded in 2004, is a small nonprofit in the Community Improvement sector that reported $180K in total revenue in fiscal year 2023. The organization ran a surplus of $49K, a strong 27% operating margin.

Mission

PROVIDING FACILITIES TO NOT-FOR-PROFIT ORGANIZATIONS

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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 $180,000

Investment Income $37

Other Revenue $164

TOTAL REVENUE $180,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $131,677

Other Expenses $131,677

TOTAL EXPENSES $131,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,201	$180,000	+0.0%
Expenses	$131,677	$80,967	+0.6%
Net Income	$48,524	$99,033	-0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK PETRY	PROPERTY MANAGER/DIRECTOR	10.00	Director	$0	$0	$0
JON HUSTON	BUSINESS MANAGER/DIRECTOR	4.00	Director	$0	$0	$0
MARK BROWN	DIRECTOR	4.00	Director	$0	$0	$0
JEREMIE PEARSON	DIRECTOR	4.00	Director	$0	$0	$0
MARK BROWN	DIRECTOR	4.00	Director	$0	$0	$0
JEREMIE PEARSON	DIRECTOR	4.00	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
2023	$180,201	$131,677	$1,356,312	$48,524
2022	$180,000	$80,967	$2,269,618	$99,033
2021	$180,000	$71,440	$2,169,912	$108,560
2020	$195,000	$63,565	$2,260,306	$131,435
2019	$165,000	$93,227	$2,166,580	$71,773
2018	$193,527	$77,337	$2,129,332	$116,190

LAFAYETTE APPRENTICESHIP BUILDING COMPANY LLC