IBEW LOCAL NO 117 - JATC (EIN 237031687) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Principal Officer

JESSE LENART

Phone

8478547200

Tax Period

2024-01-01 to 2024-12-31

IBEW LOCAL NO 117 - JATC, founded in 1945, is a small nonprofit that reported $772K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

EDUCATION AND TRAINING OF ELECTRICAL APPRENTICES AND JOURNEYMEN IN THE JURISDICTION OF LOCAL NO. 117 TO PROVIDE THEM WITH THE SKILLS AND KNOWLEDGE NEEDED TO QUALIFY TO WORK IN THIS FIELD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $745,245

Investment Income $27,045

Other Revenue $0

TOTAL REVENUE $772,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $430,150

Fundraising Expenses $0

Program Expenses $542,620

Other Expenses $320,147

TOTAL EXPENSES $750,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$772,290	$832,667	-0.1%
Expenses	$750,297	$727,185	+0.0%
Net Income	$21,993	$105,482	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$277,768

Total Directors

$278,476

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACH BERNARDONI	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JESSE LENART	SECRETARY	1.00	Officer Director	$0	$98,257	$277,768
BILL LAUDERDALE	TREASURER	1.00	Officer Director	$0	$0	$0
RAY PIERONI	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA SAJTAR	TRAINING DIR	41.00	Highest	$150,480	$87,420	$237,900
JOHN PETERS	DIRECTOR	1.00	Director	$708	$0	$708
DAVE FORNEAR	DIRECTOR	1.00	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	$772,290	$750,297	$877,825	$21,993
2023	$832,667	$727,185	$855,775	$105,482
2022	$815,386	$605,090	$751,379	$210,296
2021	$560,091	$505,949	$539,997	$54,142
2020	$485,116	$451,750	$485,855	$33,366
2019	$463,452	$470,377	$452,546	$-6,925
2018	$439,799	$450,794	$463,706	$-10,995

IBEW LOCAL NO 117 - JATC