NASHVILLE ELECTRICAL JATC

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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

1941

Legal Domicile

Principal Officer

JOHN R LEDWELL II

Phone

6152429950

Tax Period

2024-01-01 to 2024-12-31

NASHVILLE ELECTRICAL JATC, founded in 1941, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $936K, a strong 35% operating margin.

Mission

TO DEVELOP AND STANDARDIZE TRAINING TO EDUCATE THE MEMBERS OF THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) AND THE NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA).

Program Service Accomplishments

Program 1

Expenses: $1,387,033 Revenue: $2,426,450

ELECTRICAL TRAINING OF CANDIDATES SPONSORED BY THE MEMBER UNION CONTRACTORS.

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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 $197,079

Program Service Revenue $2,426,450

Investment Income $70,717

Other Revenue $0

TOTAL REVENUE $2,694,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $717,441

Fundraising Expenses $0

Program Expenses $1,387,033

Other Expenses $1,040,811

TOTAL EXPENSES $1,758,252

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,694,246	$2,921,637	-0.1%
Expenses	$1,758,252	$1,436,230	+0.2%
Net Income	$935,994	$1,485,407	-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

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

$167,543

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY PITTSLEY	CHAIRMAN	0.00	Director	$0	$0	$0
THOMAS GREER	TRUSTEE	0.00	Director	$0	$0	$0
CRAIG PRUITT	TREASURER	0.00	Officer Director	$0	$0	$0
DANIEL GREENE	TRUSTEE	0.00	Director	$0	$0	$0
NATHANIEL CARTER	TRUSTEE	0.00	Director	$0	$0	$0
JOEL BRAUCHI	TRUSTEE	0.00	Director	$0	$0	$0
JOHN R LEDWELL II	EXECUTIVE DIRECTOR	40.00	Officer	$134,795	$32,748	$167,543

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	$2,694,246	$1,758,252	$6,516,577	$935,994
2023	$2,921,637	$1,436,230	$5,610,002	$1,485,407
2022	$2,858,636	$1,417,578	$4,064,544	$1,441,058
2021	$1,882,524	$1,219,510	$2,656,099	$663,014
2020	$888,975	$840,529	$1,989,680	$48,446
2019	$1,322,612	$1,003,013	$2,231,708	$319,599
2018	$826,464	$930,621	$1,910,111	$-104,157