CLEVELAND ELECTRICAL JOINT APPRENTICESHIP & TRAINING TRUST FUND

EIN: 341091621 501(c)(3) Employment

VALLEY VIEW, OH

Total Revenue
$2,289,236
Total Expenses
$2,039,613
Total Assets
$5,329,065
Net Assets
$5,313,055
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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
1983
Legal Domicile
OH
Principal Officer
MICHAEL MUZIC
Tax Period
2023-07-01 to 2024-06-30

CLEVELAND ELECTRICAL JOINT APPRENTICESHIP & TRAINING TRUST FUND, founded in 1983, is a community nonprofit in the Employment sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.0M left a modest 11% surplus.

Mission

TRAINING ELECTRICIAN APPRENTICES FOR COMMERCIAL, INDUSTRIAL, RESIDENTIAL, DIRECT DIGITAL, FIRE ALARM, DATA TELECOMMUNICATIONS, INSTALLATION, AND MAINTENANCE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,268,481
Investment Income $20,755
Other Revenue $0
TOTAL REVENUE $2,289,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,147,306
Fundraising Expenses $0
Program Expenses $1,596,404
Other Expenses $892,307
TOTAL EXPENSES $2,039,613

Year-over-Year Comparison

2023 2022 Change
Revenue $2,289,236 $2,106,529 +0.1%
Expenses $2,039,613 $2,071,546 0.0%
Net Income $249,623 $34,983 +6.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
28
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
1
$174,510
Total Directors
9
$10,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON WALDEN SECRETARY 1.00
Director
$0 $0 $0
PETER ELLIS III TRUSTEE 1.00
Director
$0 $0 $0
JOHN MRAZ TRUSTEE 1.00
Director
$0 $0 $0
DAVID LUPICA TRUSTEE 1.00
Director
$0 $0 $0
KEVIN WILSON TRUSTEE 1.00
Director
$0 $0 $0
DENNIS MEANEY TRUSTEE 1.00
Director
$0 $0 $0
JAMIE DAVIS TRUSTEE 1.00
Director
$6,868 $3,832 $10,700
MICHAEL MUZIC TRUSTEE 1.00
Director
$0 $0 $0
DANIEL GALLAGHER TRUSTEE 1.00
Director
$0 $0 $0
KENNETH FIELD TRAINING DIRECTOR 40.00
Officer
$131,040 $43,470 $174,510
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 No data No data No data No data
2024 $2,289,236 $2,039,613 $5,329,065 $249,623
2023 $2,106,529 $2,071,546 $4,991,583 $34,983
2022 $1,906,658 $1,820,084 $4,912,250 $86,574
2021 $1,790,333 $1,786,751 $4,942,742 $3,582
2020 $2,048,021 $1,776,360 $4,935,159 $271,661
2019 $1,433,928 $1,616,908 $4,644,203 $-182,980
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