CINCINNATI PIPEFITTING INDUSTRY PROMOTION TRUST FUND

EIN: 341109288

CINCINNATI, OH

Total Revenue
$347,716
Total Expenses
$376,740
Total Assets
$96,909
Net Assets
$40,169
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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
1972
Legal Domicile
OH
Principal Officer
DAVE SPAULDING
Phone
5137615110
Tax Period
2024-01-01 to 2024-12-31

CINCINNATI PIPEFITTING INDUSTRY PROMOTION TRUST FUND, founded in 1972, is a small nonprofit that reported $348K in total revenue in fiscal year 2024.

Mission

PROMOTION OF PIPE FITTING INDUSTRY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $347,699
Investment Income $17
Other Revenue $0
TOTAL REVENUE $347,716

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $376,740
TOTAL EXPENSES $376,740

Year-over-Year Comparison

2024 2023 Change
Revenue $347,716 $344,778 +0.0%
Expenses $376,740 $349,697 +0.1%
Net Income $-29,024 $-4,919 +4.9%
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
3
Independent Members
3
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAJID SAMARGHANDI TRUSTEE N/A
Officer
$0 $0 $0
DAVE SPAULDING CHAIRMAN N/A
Officer
$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 $347,716 $376,740 $96,909 $-29,024
2023 $344,778 $349,697 $100,282 $-4,919
2022 $362,332 $330,494 $108,664 $31,838
2021 $328,541 $327,822 $98,570 $719
2020 $306,057 $359,024 $85,604 $-52,967
2019 $359,512 $346,851 $102,532 $12,661
2018 $376,314 $461,929 $88,155 $-85,615
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