JOINT APPRENTICE TRAINING COMMITTEE LOCAL 23 - ASBESTOS WORKERS (EIN 236583895) - 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

1971

Legal Domicile

Principal Officer

RONNIE BEVERLEY

Phone

7179300922

Tax Period

2023-01-01 to 2023-12-31

JOINT APPRENTICE TRAINING COMMITTEE LOCAL 23 - ASBESTOS WORKERS, founded in 1971, is a small nonprofit in the Employment sector that reported $429K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

THE EXCLUSIVE PURPOSE - CONDUCTING A PLAN FOR THE TRAINING OF APPRENTICES TO BECOME JOURNEYMAN.

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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 $101,214

Program Service Revenue $328,744

Investment Income $-1,132

Other Revenue $0

TOTAL REVENUE $428,826

Expense Breakdown

Grants Paid $0

Salaries & Benefits $268,469

Fundraising Expenses $0

Program Expenses $470,627

Other Expenses $202,158

TOTAL EXPENSES $470,627

Year-over-Year Comparison

	2023	2022	Change
Revenue	$428,826	$347,733	+0.2%
Expenses	$470,627	$453,705	+0.0%
Net Income	$-41,801	$-105,972	-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

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

Total Directors

$499,739

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLIFF ZWIERCAN	EMPLOYER TRUSTEE	10.00	Director	$0	$0	$0
ZACHARY LYDON	EMPLOYER TRUSTEE	10.00	Director	$0	$0	$0
WILLIAM MCGEE	UNION TRUSTEE	10.00	Director	$0	$129,404	$296,895
RON BEVERLEY	UNION TRUSTEE	10.00	Director	$0	$87,266	$200,250
MARK GIMBEL	UNION TRUSTEE	10.00	Director	$310	$1,096	$2,594
DAVID CUTRIGHT	EMPLOYER TRUSTEE	10.00	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
2024	No data	No data	No data	No data
2023	$428,826	$470,627	$334,927	$-41,801
2022	$347,733	$453,705	$354,966	$-105,972
2021	$324,419	$422,039	$496,088	$-97,620
2020	$413,932	$345,112	$552,796	$68,820
2019	$516,726	$375,621	$484,074	$141,105
2018	$542,467	$313,918	$342,970	$228,549

JOINT APPRENTICE TRAINING COMMITTEE LOCAL 23 - ASBESTOS WORKERS