NW IN APPRENTICESHIP TRAINING SCHO… - Form 990 Financial Data

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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

1971

Legal Domicile

Principal Officer

ANDREW THOMAS

Phone

2199627675

Tax Period

2024-01-01 to 2024-12-31

NW IN APPRENTICESHIP TRAINING SCHOOL, founded in 1971, is a micro nonprofit that reported $8K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 600% operating deficit.

Mission

TO HOLD TITLE TO REAL PROPERTY, COLLECTIVE INCOME THERE FROM, AND PAYING RELATED EXPENSES FOR PROPERTY USE IN TRAINING IRONWORKERS.

Program Service Accomplishments

Program 1

ESTABLISHED TO HOLD TITLE TO PROPERTY USED PRIMARILY FOR APPRENTICESHIP AND JOURNEYMEN TRAINING FOR MEMBERS OF IRONWORKERS LOCAL 395 UNION.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $7,500

TOTAL REVENUE $7,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $52,493

TOTAL EXPENSES $52,493

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,500	$62,072	-0.9%
Expenses	$52,493	$90,001	-0.4%
Net Income	$-44,993	$-27,929	+0.6%

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

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

$246,699

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD WARE	BUSINESS MANAGER	1.00	Director	$0	$0	$0
RICHARD STOVALL	SECRETARY	1.00	Director	$0	$0	$0
MICHAEL MACDONALD	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN COMERFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHUCK CURRY	PRESIDENT	1.00	Director	$0	$0	$0
ERIK ATTEBERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW THOMAS	DIRECTOR	1.00	Officer	$0	$98,938	$246,699
DAVID ALANIZ	INSTRUCTOR	1.00	Highest	$0	$79,663	$199,167
JASON HART	INSTRUCTOR	1.00	Highest	$0	$79,968	$194,791

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	$7,500	$52,493	No data	$-44,993

NW IN APPRENTICESHIP TRAINING SCHOOL