SOUTHEAST IOWA ELECTRICAL APPRENTICESHIP TRAINING AND ED TRU (EIN 306116726) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

JIM POTTER

Phone

3197520452

Tax Period

2024-07-01 to 2025-06-30

SOUTHEAST IOWA ELECTRICAL APPRENTICESHIP TRAINING AND ED TRU is a small nonprofit in the Education sector that reported $310K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $292K left a modest 6% surplus.

Mission

TO PROVIDE A PROGRAM FOR TRAINING AND EDUCATION OF ELECTRICAL APPRENTICES, JOURNEYMAN, OR OTHER APPROPRIATE PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $295,155

Investment Income $13,930

Other Revenue $558

TOTAL REVENUE $309,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,677

Fundraising Expenses $0

Program Expenses $248,818

Other Expenses $141,007

TOTAL EXPENSES $291,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$309,643	$328,352	-0.1%
Expenses	$291,684	$274,679	+0.1%
Net Income	$17,959	$53,673	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS AZINGER	TRUSTEE	1.00	Director	$0	$0	$0
TIM BROWN	TRUSTEE	1.00	Director	$0	$0	$0
CODY GRAHAM	TRUSTEE	1.00	Director	$0	$0	$0
JIM POTTER	CHAIRMAN/TRU	1.00	Director	$0	$0	$0
TOM REHMAN	TRUSTEE	1.00	Director	$0	$0	$0
HUNTER SMOOT	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
2025	$309,643	$291,684	$402,927	$17,959
2024	$328,352	$274,679	$385,742	$53,673
2023	$241,328	$259,182	$330,734	$-17,854
2022	$210,095	$227,148	$348,332	$-17,053
2021	$238,424	$225,228	$365,262	$13,196
2020	$222,526	$214,463	$374,472	$8,063
2019	$214,523	$238,293	$344,549	$-23,770

SOUTHEAST IOWA ELECTRICAL APPRENTICESHIP TRAINING AND ED TRU