SHEET METAL CONTRACTING INDUSTRY EDUCATION FUND (EIN 237171474) - 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

1972

Legal Domicile

Principal Officer

DONALD DUNNE

Phone

5708294634

Tax Period

2023-11-01 to 2024-10-31

SHEET METAL CONTRACTING INDUSTRY EDUCATION FUND, founded in 1972, is a small nonprofit in the Employment sector that reported $348K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $95K, a strong 27% operating margin.

Mission

TO EDUCATE, INSTRUCT AND TRAIN SHEET METAL WORKERS AND APPRENTICES.

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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 $32,000

Program Service Revenue $304,479

Investment Income $11,665

Other Revenue $0

TOTAL REVENUE $348,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,115

Fundraising Expenses $0

Program Expenses $221,629

Other Expenses $111,684

TOTAL EXPENSES $252,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$348,144	$297,750	+0.2%
Expenses	$252,799	$241,542	+0.0%
Net Income	$95,345	$56,208	+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

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

$529,136

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS CONNER	TRUSTEE	2.00	Director	$0	$75,604	$181,641
DONALD DUNNE	TRUSTEE	2.00	Director	$0	$76,513	$188,555
ROBERT EVANS	TRUSTEE	2.00	Director	$0	$0	$0
EDWARD FETCHEN	TRUSTEE	2.00	Director	$0	$0	$0
JEFFREY SCHMUDE	TRUSTEE	2.00	Director	$0	$72,587	$158,940
JOSEPH CARR	TRUSTEE	2.00	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	$348,144	$252,799	$731,022	$95,345
2023	$297,750	$241,542	$626,544	$56,208
2022	$268,288	$216,752	$573,310	$51,536
2021	$239,842	$157,249	$564,699	$82,593
2020	$201,367	$130,841	$492,141	$70,526
2019	$208,693	$173,520	$412,611	$35,173
2018	$208,439	$203,139	$366,841	$5,300

SHEET METAL CONTRACTING INDUSTRY EDUCATION FUND