LAKE CHARLES ELECTRICAL JATC (EIN 237254898) - 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

STEVE GASPARD

Phone

3374337277

Tax Period

2025-01-01 to 2025-12-31

LAKE CHARLES ELECTRICAL JATC, founded in 1945, is a small nonprofit that reported $163K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $184K exceeded revenue, resulting in a 13% operating deficit.

Mission

JOB TRAINING

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $162,379

Investment Income $853

Other Revenue $0

TOTAL REVENUE $163,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,726

Fundraising Expenses $0

Program Expenses $183,694

Other Expenses $70,968

TOTAL EXPENSES $183,694

Year-over-Year Comparison

	2025	2024	Change
Revenue	$163,232	$189,350	-0.1%
Expenses	$183,694	$249,216	-0.3%
Net Income	$-20,462	$-59,866	-0.7%

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

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

$76,894

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF SANDERS	BRD MBR	1.00	Director	$0	$0	$0
MIKE JONES	REC SECTY	1.00	Director	$0	$0	$0
TRENT MCDANIEL	CHAIRMAN	1.00	Director	$0	$0	$0
EARL OQUINN	COMMITTEE	1.00	Director	$0	$0	$0
LANCE CORNER	BOARD MBR	1.00	Director	$0	$0	$0
CLYDE CONNER	BOARD MBR	1.00	Director	$0	$0	$0
STEVE GASPARD	DIRECTOR	40.00	Director	$76,894	$0	$76,894

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	$163,232	$183,694	$54,490	$-20,462
2024	No data	No data	No data	No data
2023	$180,511	$236,627	$135,829	$-56,116
2022	$247,742	$199,512	$190,731	$48,230
2021	$211,889	$201,791	$143,289	$10,098
2018	$241,981	$210,577	$142,630	$31,404

LAKE CHARLES ELECTRICAL JATC