NATIONAL UTILITY INDUSTRY TRAINING… - 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

MARK BAKER

Phone

2027286066

Tax Period

2023-01-01 to 2023-12-31

NATIONAL UTILITY INDUSTRY TRAINING FUND, founded in 2008, is a small nonprofit in the Employment sector that reported $675K in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $304K, a strong 45% operating margin.

Mission

TO PROVIDE COST-EFFECTIVE SKILLS TRAINING TO EMPLOYEES OF UTILITY COMPANIES AND OTHERS.

Program Service Accomplishments

Program 1

Expenses: $267,685 Revenue: $672,212

TO ADDRESS THE WORKFORCE DEVELOPMENT NEEDS OF UTILITY COMPANIES, FOUR REGIONAL TRAINING CENTERS PROVIDE A ONE-STOP SHOPPING VENUE FOR RECRUITING AND TRAINING FOR THE UTILITY TRADES. THE PROGRAM...

TO ADDRESS THE WORKFORCE DEVELOPMENT NEEDS OF UTILITY COMPANIES, FOUR REGIONAL TRAINING CENTERS PROVIDE A ONE-STOP SHOPPING VENUE FOR RECRUITING AND TRAINING FOR THE UTILITY TRADES. THE PROGRAM PROVIDES FOUR CENTRALLY LOCATED BASES OF OPERATIONS, ALL WITH ACCESS TO HIGHWAYS, AIRPORTS, AND ACCOMMODATIONS, TO ENSURE UNIFORMITY OF TRAINING AND MAXIMUM UTILIZATION. EACH TRAINING CENTER PROVIDES CLASSROOM FACILITIES AND A FULLY STOCKED OUTDOOR TRAINING YARD WITH A REAL-LIFE WORK ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $668,500

Investment Income $3,247

Other Revenue $3,712

TOTAL REVENUE $675,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,465

Fundraising Expenses $0

Program Expenses $267,685

Other Expenses $328,642

TOTAL EXPENSES $371,107

Year-over-Year Comparison

	2023	2022	Change
Revenue	$675,459	$362,039	+0.9%
Expenses	$371,107	$492,638	-0.2%
Net Income	$304,352	$-130,599	-3.3%

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

$182,289

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH COOPER	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROGER MARBUTT	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRIAN THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF PEOPLES	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK HAGER	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON SCHULTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNIE COLSTON	SECRETARY	1.00	Officer Director	$0	$0	$0
RANDY VANNESS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK BAKER	EXECUTIVE DIRECTOR	40.00	Officer	$182,289	$0	$182,289

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	No data	No data	No data	No data
2023	$675,459	$371,107	$646,053	$304,352
2022	$362,039	$492,638	$370,717	$-130,599
2021	$499,622	$651,417	$652,490	$-151,795
2020	$389,182	$480,901	$627,128	$-91,719
2019	$710,360	$886,274	$827,986	$-175,914
2018	$746,912	$734,577	$900,989	$12,335

NATIONAL UTILITY INDUSTRY TRAINING FUND