AEROSPACE MACHINISTS JOINT TRAINING COMM (EIN 263339866) - Form 990 Financial Analysis & Trantor Score

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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

AMY MARTINEZ

Phone

2067647940

Tax Period

2024-07-01 to 2025-06-30

AEROSPACE MACHINISTS JOINT TRAINING COMM, founded in 2008, is a community nonprofit in the Employment sector that reported $5.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

AJAC IS AN INDUSTRY-DRIVEN APPRENTICESHIP ORGANIZATION, FOUNDED ON THE BELIEF THAT MASTERY OCCURS ON THE JOB. THROUGH PRE-APPRENTICESHIP, YOUTH APPRENTICESHIP, AND ADULT APPRENTICESHIP, ALL PEOPLE HAVE THE OPPORTUNITY TO EARN COMPETETIVE WAGES, FIND MEANINGFUL AND FULFILLING WORK, AND PURSUE LIFELONG LEARNING.

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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 $4,676,961

Program Service Revenue $903,517

Investment Income $67,392

Other Revenue $0

TOTAL REVENUE $5,647,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,041,374

Fundraising Expenses $0

Program Expenses $5,310,091

Other Expenses $2,063,059

TOTAL EXPENSES $6,104,433

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,647,870	$4,815,896	+0.2%
Expenses	$6,104,433	$6,036,042	+0.0%
Net Income	$-456,563	$-1,220,146	-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

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

$162,221

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET SCHMIDLKOFER	PAST CHAIR	30.00	Officer Director	$0	$0	$0
AMY MARTINEZ	CHAIR	30.00	Officer Director	$0	$0	$0
MIKE HAGEN	VICE CHAIR/TREASURER	30.00	Officer Director	$0	$0	$0
KATHLEEN HARVEY	BOARD MEMBER	30.00	Director	$0	$0	$0
LIN ZHOU	BOARD MEMBER	30.00	Director	$0	$0	$0
ANDREW NORMAN	BOARD MEMBER	30.00	Director	$0	$0	$0
JACQUELIN EARLEY	BOARD MEMBER	30.00	Director	$0	$0	$0
MATT POISCHBEG	BOARD MEMBER	30.00	Director	$0	$0	$0
DEMETRIA LYNN STRICKLAND	EXECUTIVE DIRECTOR	40.00	Officer	$148,787	$13,434	$162,221
LEO A VOGEL	DIRECTOR OF STUDENT FINANCE AND COMPLIANCE	40.00	Highest	$100,022	$8,002	$108,024
CHRIS PIERSON	DIRECTOR OF OPERATIONS AND	40.00	Highest	$124,303	$11,502	$135,805
ELIZABETH SLAUGHTER	DIRECTOR OF BUSINESS SERVI	40.00	Highest	$113,643	$10,558	$124,201

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	$5,647,870	$6,104,433	$2,735,636	$-456,563
2024	$4,815,896	$6,036,042	$2,929,411	$-1,220,146
2023	$4,703,985	$5,140,582	$3,685,467	$-436,597
2023	$4,733,916	$5,152,117	$3,960,787	$-418,201
2022	$4,921,078	$4,466,057	$3,945,011	$455,021
2022	$5,722,319	$4,526,735	$3,708,267	$1,195,584
2021	$3,727,735	$3,791,129	$3,196,875	$-63,394
2020	$4,020,609	$3,730,165	$2,886,378	$290,444
2019	$3,979,737	$3,906,278	$2,540,831	$73,459
2018	$3,796,239	$3,754,616	$2,490,165	$41,623

AEROSPACE MACHINISTS JOINT TRAINING COMM