STAGEHANDS LOCAL TWO JOURNEYMEN AN… - 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

2008

Legal Domicile

Principal Officer

CRAIG CARLSON

Phone

3127052020

Tax Period

2024-01-01 to 2024-12-31

STAGEHANDS LOCAL TWO JOURNEYMEN AND APPRENTICE TRAINING FUND, founded in 2008, is a community nonprofit in the Education sector that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 437% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 80% operating margin.

Mission

THE FUND WAS CREATED FOR THE PURPOSE OF PROVIDING TRAINING TO INDIVIDUALS ENGAGED IN A CRAFT UNDER THE JURISDICTION OF THE UNION AND PROVIDING PROGRAMS TO FURTHER THE DEVELOPMENT OF JOB SKILLS WITHIN THE CRAFT.

Program Service Accomplishments

Program 1

Expenses: $688,188 Revenue: $732,312

TO TRAIN AND EDUCATE THE MEMBERS OF THE CRAFT TO FURTHER THE DEVELOPMENT OF JOB SKILLS AND KNOWLEDGE NEEDED.

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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 $3,895,340

Program Service Revenue $732,312

Investment Income $39,787

Other Revenue $6,693

TOTAL REVENUE $4,674,132

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $688,188

Other Expenses $922,191

TOTAL EXPENSES $922,191

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,674,132	$871,186	+4.4%
Expenses	$922,191	$764,527	+0.2%
Net Income	$3,751,941	$106,659	+34.2%

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

Total Directors

$876,063

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG CARLSON	UNION TRUSTEE	4.00	Director	$0	$128,977	$475,282
MICHAEL ROBINSON	UNION TRUSTEE	1.00	Director	$0	$108,459	$396,401
JEFFERY SCHNOEBELEN	UNION TRUSTEE	1.00	Director	$0	$1,198	$4,380
DULCIE GILMORE	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
MAURY COLLINS	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
KATHY HECHINGER	EMPLOYER 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
2024	$4,674,132	$922,191	$6,004,887	$3,751,941
2023	$871,186	$764,527	$4,490,729	$106,659
2022	$581,401	$461,671	$2,049,994	$119,730
2021	$346,993	$559,830	$2,116,082	$-212,837
2020	$262,047	$488,068	$2,351,831	$-226,021
2019	$596,683	$423,809	$2,353,207	$172,874
2018	$896,923	$294,952	$2,150,474	$601,971

STAGEHANDS LOCAL TWO JOURNEYMEN AND APPRENTICE TRAINING FUND