MECHANICAL TRADES BETTERMENT FUND (EIN 237091950) - 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

1968

Legal Domicile

Principal Officer

EDWARD NADEAU

Phone

5187859808

Tax Period

2024-07-01 to 2025-06-30

MECHANICAL TRADES BETTERMENT FUND, founded in 1968, is a small nonprofit that reported $614K in total revenue in fiscal year 2024. Expenses of $584K left a modest 5% surplus.

Mission

BETTERMENT AND IMPROVEMENT OF THE MECHANICAL TRADES, INCLUDING SPONSORSHIP OF LEGISLATION, PUBLIC RELATIONS, SAFETY PROGRAMS, EDUCATIONAL PROGRAMS AND LEGAL MEANS.

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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 $576,087

Investment Income $33,175

Other Revenue $4,885

TOTAL REVENUE $614,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $584,073

TOTAL EXPENSES $584,073

Year-over-Year Comparison

	2024	2023	Change
Revenue	$614,147	$614,875	0.0%
Expenses	$584,073	$513,539	+0.1%
Net Income	$30,074	$101,336	-0.7%

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
MIKE FOSTER	TRUSTEE	1.00	Director	$0	$0	$0
JACK ROSENZWEIG	TRUSTEE	1.00	Director	$0	$0	$0
RAY ALTROCK	TRUSTEE	1.00	Director	$0	$0	$0
GERALD PERRY	TRUSTEE	1.00	Director	$0	$0	$0
JAMES MAGUIRE	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD NADEAU	BUSINESS MANAGER	1.00	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
2025	$614,147	$584,073	$989,596	$30,074
2024	$614,875	$513,539	$865,912	$101,336
2023	$581,044	$535,440	$714,068	$45,604
2022	$538,427	$458,922	$644,568	$79,505
2021	$551,987	$393,506	$672,314	$158,481
2020	$534,009	$362,930	$454,057	$171,079
2019	$509,393	$625,005	$270,570	$-115,612

MECHANICAL TRADES BETTERMENT FUND