FAIRBANKS PIPELINE TRAINING CENTER… - 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

AMY SCHUMACHER

Phone

9074551234

Tax Period

2024-07-01 to 2025-06-30

FAIRBANKS PIPELINE TRAINING CENTER TRUST, founded in 2008, is a community nonprofit in the Employment sector that reported $4.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.2M, a strong 29% operating margin.

Mission

The Trust will prepare a skilled Alaska workforce through the development and delivery of comprehensive and integrated career and technical education programs, including providing opportunities for Alaskans to enter federally registered apprenticeship programs in the building, highway and pipeline industry.Program activities will be conducted in cooperation with U.S. Department of Labor federally certified training and apprenticeship programs, Alaska Department of Labor and Workforce Development, Alaska Workforce Investment Board, construction and oil and gas industry pipeline employers, labor unions, native and tribal organizations, and educational institutions.

Program Service Accomplishments

Program 1

Expenses: $2,390,033 Revenue: $582,288

FAIRBANKS PIPELINE TRAINING CENTER TRUST PROVIDES TRAINING AND CAREER EXPLORATION OPPORTUNITIES FOR ALASKA'S ADULTS AND HIGH SCHOOL STUDENTS IN URBAN AND RURAL COMMUNITIES TO ENTER INTO FEDERALLY...

FAIRBANKS PIPELINE TRAINING CENTER TRUST PROVIDES TRAINING AND CAREER EXPLORATION OPPORTUNITIES FOR ALASKA'S ADULTS AND HIGH SCHOOL STUDENTS IN URBAN AND RURAL COMMUNITIES TO ENTER INTO FEDERALLY REGISTERED APPRENTICESHIP PROGRAMS. THE TRAINING CENTER ALSO PROVIDES TRAINING OPPORTUNITIES FOR ALASKANS TO ENTER INTO FEDERALLY REGISTERED CONSTRUCTION APPRENTICESHIP PROGRAMS FOR CAREERS IN THE OIL AND GAS, AND CONSTRUCTION INDUSTRIES. THE CENTER OFFERS TRAINING PROGRAMS STRUCTURED TO MEET MARKET DEMANDS IN ALL SECTORS OF ALASKA'S OIL AND GAS INDUSTRY, INCLUDING THE CONSTRUCTION, OPERATION AND MAINTENANCE OF MAINLINE PIPELINES, GATHERING LINES, PUMP STATIONS, FLOW STATIONS, GATHERING STATIONS, AND COMPRESSOR STATIONS; AND THE CONSTRUCTION AND OPERATION OF OIL AND GAS FACILITIES.

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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 $2,907,781

Program Service Revenue $0

Investment Income $725,217

Other Revenue $582,288

TOTAL REVENUE $4,215,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $423,858

Fundraising Expenses $63,075

Program Expenses $2,390,033

Other Expenses $2,551,168

TOTAL EXPENSES $2,975,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,215,286	$4,159,823	+0.0%
Expenses	$2,975,026	$2,610,185	+0.1%
Net Income	$1,240,260	$1,549,638	-0.2%

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

Volunteers

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

$107,212

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB HUBBARD	FORMER CHAIR	1.00	Officer Director	$0	$0	$0
WARREN CHRISTIAN	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY DIXON	TREASURER	1.00	Officer Director	$0	$0	$0
SAM ROBERT BRICE	TRUSTEE	1.00	Director	$0	$0	$0
JACOB HOWDESHELL	CHAIR	1.00	Officer Director	$0	$0	$0
DAREN KONOPASKI	TRUSTEE	1.00	Director	$0	$0	$0
JOEY MERRICK	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD SCHOK	TRUSTEE	1.00	Director	$0	$0	$0
DOUG TANSY	TRUSTEE	1.00	Director	$0	$0	$0
KEN YOCKEY	TRUSTEE	1.00	Director	$0	$0	$0
GREG CAMPBELL	TRUSTEE	1.00	Director	$0	$0	$0
CLAYTON BESSETTE	TRUSTEE	1.00	Director	$0	$0	$0
AMY SCHUMACHER	EXECUTIVE DIRECTOR	40.00	Officer	$107,212	$0	$107,212

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	$4,215,286	$2,975,026	$26,746,672	$1,240,260
2024	$4,159,823	$2,610,185	$25,651,948	$1,549,638
2023	$2,356,511	$2,215,940	$23,881,735	$140,571
2022	$2,865,304	$2,014,329	$23,564,291	$850,975
2021	$1,802,050	$2,044,244	$23,180,002	$-242,194
2020	$1,885,595	$2,116,196	$22,935,001	$-230,601
2019	$1,926,721	$2,243,308	$23,185,682	$-316,587
2018	$2,065,386	$2,174,007	$23,410,492	$-108,621

FAIRBANKS PIPELINE TRAINING CENTER TRUST