SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS LOCAL #63 EDUCATIONAL FUND (EIN 237267027) - 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

1973

Legal Domicile

Principal Officer

MICHAEL LAFLEUR

Phone

4137471808

Tax Period

2024-10-01 to 2025-09-30

SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS LOCAL #63 EDUCATIONAL FUND, founded in 1973, is a small nonprofit in the Employment sector that reported $753K in total revenue in fiscal year 2024. Net assets of $1.7M represent 27 months of operating reserves.

Mission

TO PROVIDE EDUCATIONAL BENEFITS FOR ALL APPRENTICES AND MEMBERS BY ACQUIRING THE NECESSARY PREMISES, FACILITIES, BOOKS, PAMPHLETS, SUPPLIES, ALONG WITH THE NECESSARY EQUIPMENT

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $685,726

Program Service Revenue $0

Investment Income $33,843

Other Revenue $33,864

TOTAL REVENUE $753,433

Expense Breakdown

Grants Paid $0

Salaries & Benefits $496,234

Fundraising Expenses $0

Program Expenses $540,327

Other Expenses $244,202

TOTAL EXPENSES $740,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$753,433	$752,406	+0.0%
Expenses	$740,436	$725,704	+0.0%
Net Income	$12,997	$26,702	-0.5%

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

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
DAVE POWELL	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL LAFLEUR	TRUSTEE	1.00	Director	$0	$0	$0
JEFF ROY	TRUSTEE	1.75	Director	$0	$0	$0
BEN HYLTON	TRUSTEE	2.00	Director	$0	$0	$0
EDWARD O'KEEFE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN KENDALL	TRUSTEE	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
2025	$753,433	$740,436	$1,722,938	$12,997
2024	No data	No data	No data	No data
2023	$788,236	$722,041	$1,669,436	$66,195
2022	$763,206	$678,330	$1,598,456	$84,876
2021	$821,813	$583,632	$1,498,691	$238,181
2020	$601,425	$461,679	$1,294,428	$139,746
2019	$495,903	$366,196	$1,050,642	$129,707
2018	$478,480	$373,112	$920,466	$105,368

SHEET METAL AIR RAIL AND TRANSPORTATION WORKERS LOCAL #63 EDUCATIONAL FUND