Iron Workers Joint Apprenticeship and Journeyman Training Fund (EIN 251206734) - 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

1956

Legal Domicile

Principal Officer

Gregory Bernarding

Phone

4124714535

Tax Period

2024-07-01 to 2025-06-30

Iron Workers Joint Apprenticeship and Journeyman Training Fund, founded in 1956, is a community nonprofit in the Employment sector that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $1.7M left a modest 14% surplus.

Mission

APPRENTICESHIP SCHOOL

🔒

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 $278,000

Program Service Revenue $1,636,695

Investment Income $24,796

Other Revenue $658

TOTAL REVENUE $1,940,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,088,687

Fundraising Expenses $49,434

Program Expenses $1,361,022

Other Expenses $577,735

TOTAL EXPENSES $1,666,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,940,149	$3,085,351	-0.4%
Expenses	$1,666,422	$1,659,419	+0.0%
Net Income	$273,727	$1,425,932	-0.8%

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
DANIELLE HARSHMAN	CHAIRPERSON TRUSTEE	2.00	Director	$0	$0	$0
RICHARD DANKO	SECRETARY TRUSTEE	2.00	Director	$0	$0	$0
JEREMY BREWER	TRUSTEE	1.00	Director	$0	$0	$0
LES HARTMAN	TRUSTEE	1.00	Director	$0	$0	$0
JIM BRISTOW	TRUSTEE	1.00	Director	$0	$0	$0
JAMES WRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
PAUL RIBARCHAK	COORDINATOR	48.00	Highest	$115,966	$121,199	$237,165
RICHARD PIREAUX	ASSISTANT COORDINATOR	44.00	Highest	$107,228	$87,011	$194,239

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	$1,940,149	$1,666,422	$8,221,174	$273,727
2024	$3,085,351	$1,659,419	$8,404,294	$1,425,932
2023	$2,178,653	$1,678,829	$7,780,001	$499,824
2022	$2,244,316	$1,979,083	$7,531,615	$265,233
2021	$2,196,507	$2,064,855	$8,335,112	$131,652
2020	$2,888,769	$2,166,681	$8,173,451	$722,088
2019	$3,570,212	$2,218,090	$7,982,316	$1,352,122
2018	$2,118,475	$1,550,632	$4,606,148	$567,843

Iron Workers Joint Apprenticeship and Journeyman Training Fund