LIUNA Training of Michigan (EIN 237187036) - 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

Tax Period

2023-09-01 to 2024-08-31

LIUNA Training of Michigan, founded in 1972, is a community nonprofit in the Employment sector that reported $9.3M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $2.3M, a strong 25% operating margin.

Mission

DEFRAYING TRAINING COSTS OF APPRENTICES AND 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 $1,662,020

Program Service Revenue $6,737,119

Investment Income $902,353

Other Revenue $16,118

TOTAL REVENUE $9,317,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,033,225

Fundraising Expenses $0

Program Expenses $6,437,847

Other Expenses $3,442,301

TOTAL EXPENSES $7,002,381

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,317,610	$10,396,454	-0.1%
Expenses	$7,002,381	$6,383,056	+0.1%
Net Income	$2,315,229	$4,013,398	-0.4%

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

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
DARYL K GALLANT	DIRECTOR	40.00	Highest	$128,955	$31,120	$160,075
JEFFREY D SMRZ	ASSITANT DIRECTOR	40.00	Highest	$109,154	$31,120	$140,274
DAVID A KOENING	INSTRUCTOR	40.00	Highest	$105,241	$31,120	$136,361
SCOTT H MCDONALD	APPRENTICESHIP DIRECTOR	40.00	Highest	$101,840	$31,120	$132,960
SCOTT BROWN	TRUSTEE	1.00	Director	$0	$0	$0
NICK DEFAUW	TRUSTEE	1.00	Director	$0	$0	$0
ANNE BROWN	TRUSTEE	1.00	Director	$0	$0	$0
ALEX ZUREK	TRUSTTE	1.00	Director	$0	$0	$0
JOSH GRAVES	TRUSTEE	1.00	Director	$0	$0	$0
GUY COHOON	TRUSTEE	1.00	Director	$0	$0	$0
BILL BASS	TRUSTEE	1.00	Director	$0	$0	$0
DAN MINTON	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY ALESSANDRINI	TRUSTEE	1.00	Director	$0	$0	$0
GENO ALESSANDRINI	CHAIRMAN	1.00	Director	$0	$0	$0
MICHAEL AARON	TRUSTEE	1.00	Director	$0	$0	$0
ALEX COULOMBE	TRUSTEE	1.00	Director	$0	$0	$0
JAMES OLEKSINSKI	TRUSTEE	1.00	Director	$0	$0	$0
ANDY BRACY	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY PILARSKI	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT COPPERSMITH Jr	SECRETARY	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	$9,317,610	$7,002,381	$24,831,083	$2,315,229
2023	$10,396,544	$6,383,056	$21,601,969	$4,013,488
2021	$5,943,838	$5,378,937	$17,809,135	$564,901
2020	$6,381,477	$5,174,695	$16,608,560	$1,206,782
2019	$5,920,447	$4,826,620	$14,952,880	$1,093,827
2018	$5,894,962	$4,230,381	$13,439,929	$1,664,581

LIUNA Training of Michigan