ROOFERS & WATERPROOFERS LOCAL 37 JT APPRENT & JOURNEYMAN TRAINING FUND (EIN 251262246) - 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

1978

Legal Domicile

Principal Officer

JOHN OCHAP

Phone

4127329720

Tax Period

2024-01-01 to 2024-12-31

ROOFERS & WATERPROOFERS LOCAL 37 JT APPRENT & JOURNEYMAN TRAINING FUND, founded in 1978, is a small nonprofit that reported $238K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $278K exceeded revenue, resulting in a 17% operating deficit.

Mission

TRAINING OF APPRENTICES

🔒

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 $0

Program Service Revenue $229,967

Investment Income $7,630

Other Revenue $0

TOTAL REVENUE $237,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,532

Fundraising Expenses $0

Program Expenses $151,676

Other Expenses $94,085

TOTAL EXPENSES $277,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,597	$194,593	+0.2%
Expenses	$277,617	$294,917	-0.1%
Net Income	$-40,020	$-100,324	-0.6%

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

$129,004

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN FENNICK	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT PORTER	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE BARTHOLOMEW	TRUSTEE	1.00	Director	$0	$0	$0
JOHN FLATT	TRUSTEE	1.00	Director	$0	$0	$0
JOHN OCHAP	COORDINATOR	40.00	Director	$87,854	$41,150	$129,004

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	$237,597	$277,617	$394,248	$-40,020
2023	$194,593	$294,917	$434,967	$-100,324
2022	$220,773	$261,389	$538,357	$-40,616
2021	$244,760	$200,876	$572,413	$43,884
2020	$280,099	$159,126	$527,693	$120,973
2019	$280,554	$175,494	$406,976	$105,060
2018	$249,059	$146,598	$323,141	$102,461

ROOFERS & WATERPROOFERS LOCAL 37 JT APPRENT & JOURNEYMAN TRAINING FUND