YORK ELECTRICAL INSTITUTE (EIN 232142696) - 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

1966

Legal Domicile

Principal Officer

TOM HENCHEY

Phone

7178438368

Tax Period

2024-06-01 to 2025-05-31

YORK ELECTRICAL INSTITUTE, founded in 1966, is a small nonprofit in the Education sector that reported $541K in total revenue in fiscal year 2024. Expenses of $610K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE YORK ELECTRICAL INSTITUTE'S MISSION IS TO PROVIDE TRAINING OPPORTUNITIES FOR ELECTRICIANS IN YORK AND ADAMS COUNTY THAT WILL ENSURE IBEW LOCAL 229 HAS THE HIGHEST SKILLED APPRENTICES AND JOURNEYMAN AVAILABLE.

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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 $500,193

Investment Income $40,646

Other Revenue $0

TOTAL REVENUE $540,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $379,922

Fundraising Expenses $0

Program Expenses $446,805

Other Expenses $230,469

TOTAL EXPENSES $610,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,839	$523,513	+0.0%
Expenses	$610,391	$613,376	0.0%
Net Income	$-69,552	$-89,863	-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

$141,313

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIEL KLINGMAN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
KEITH WALTERSDORFF	TRUSTEE	2.00	Director	$0	$0	$0
JOSE GONZALEZ	TRUSTEE	2.00	Director	$0	$0	$0
JONAH ROHRBAUGH	TRUSTEE	2.00	Director	$0	$0	$0
AARON KELLEY	TRUSTEE	2.00	Director	$0	$0	$0
THOMAS HENCHEY	BUSINESS MANAGER/SECRETARY	2.00	Officer	$0	$0	$0
PHILIP LAMISON	TRAINING DIRECTOR	40.00	Officer	$93,439	$47,874	$141,313

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
2025	$540,839	$610,391	$1,657,551	$-69,552
2024	$523,513	$613,376	$1,663,353	$-89,863
2023	$484,254	$570,410	$1,603,282	$-86,156
2022	$578,350	$543,069	$1,714,896	$35,281
2021	$415,074	$493,293	$1,935,222	$-78,219
2020	$381,732	$538,406	$1,730,250	$-156,674

YORK ELECTRICAL INSTITUTE