Roofers Union Local 221 Training Plan (EIN 237152750) - 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

1970

Legal Domicile

Principal Officer

Vaughn Chong

Phone

8088417575

Tax Period

2024-07-01 to 2025-06-30

Roofers Union Local 221 Training Plan, founded in 1970, is a small nonprofit that reported $186K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $316K exceeded revenue, resulting in a 70% operating deficit.

Mission

To provide training and other educational benefits for unionized employees in the roofing and waterpoofing industry in Hawaii.

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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 $151,398

Investment Income $34,696

Other Revenue $0

TOTAL REVENUE $186,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,303

Fundraising Expenses $0

Other Expenses $138,115

TOTAL EXPENSES $316,418

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,094	$133,877	+0.4%
Expenses	$316,418	$295,026	+0.1%
Net Income	$-130,324	$-161,149	-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

$143,913

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vaughn Chong	Trustee, Co-Chairman, Secr	1.00	Officer Director	$0	$0	$0
Scott Ai	Trustee, Co-Chairman	1.00	Officer Director	$0	$0	$0
Tim Lyons	Trustee	1.00	Director	$0	$0	$0
Fred Kaohe Jr	Trustee	1.00	Director	$0	$0	$0
Hina Chow	Trustee	1.00	Director	$0	$0	$0
Jason Clark	Alternate Trustee	1.00	Director	$0	$0	$0
Enrique Subiono	Training Services Coordina	40.00	Officer	$104,576	$39,337	$143,913

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	$186,094	$316,418	$693,359	$-130,324
2024	$133,877	$295,026	$817,464	$-161,149
2023	$121,202	$283,141	$953,836	$-161,939
2022	$98,368	$267,638	$1,112,286	$-169,270
2021	$102,132	$255,709	$1,299,684	$-153,577
2020	$142,729	$279,519	$1,445,509	$-136,790
2019	$157,024	$276,374	$1,592,385	$-119,350
2018	$178,122	$253,525	$1,702,691	$-75,403

Roofers Union Local 221 Training Plan