Studio Mechanics Local 476 Training Fund (EIN 264436330) - 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

2009

Legal Domicile

Principal Officer

Anthony Barracca

Phone

7737755300

Tax Period

2024-01-01 to 2024-12-31

Studio Mechanics Local 476 Training Fund, founded in 2009, is a small nonprofit in the Education sector that reported $289K in total revenue in fiscal year 2024. Revenue surged 149% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 32% operating margin.

Mission

To provide training and education to eligible individuals and provide programs to further the development of job skills and knowledge needed by those individuals to learn Studio Mechanics related trades.

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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 $0

Program Service Revenue $284,827

Investment Income $4,436

Other Revenue $0

TOTAL REVENUE $289,263

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,927

Fundraising Expenses $0

Program Expenses $169,471

Other Expenses $145,058

TOTAL EXPENSES $195,985

Year-over-Year Comparison

	2024	2023	Change
Revenue	$289,263	$116,357	+1.5%
Expenses	$195,985	$374,945	-0.5%
Net Income	$93,278	$-258,588	-1.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anthony Barracca	Trustee employee	004.00	Director	$0	$0	$0
Christopher Hudecek	Trustee employee	004.00	Director	$0	$0	$0
Richard Lederer	Trustee employer	001.00	Director	$0	$0	$0
David Oakes	Trustee employer	001.00	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	$289,263	$195,985	$242,543	$93,278
2023	$116,357	$374,945	$177,640	$-258,588
2022	$269,640	$362,557	$409,450	$-92,917
2021	$294,425	$199,918	$445,729	$94,507
2020	$139,451	$156,195	$367,698	$-16,744
2019	$209,809	$178,702	$369,992	$31,107
2018	$177,635	$120,094	$336,266	$57,541

Studio Mechanics Local 476 Training Fund