CINCINNATI PIPEFITTING INDUSTRY PROMOTION TRUST FUND

EIN: 341109288

DAYTON, OH

Total Revenue
$366,302
Total Expenses
$368,517
Total Assets
$92,874
Net Assets
$37,954
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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
9372780308
Tax Period
2025-01-01 to 2025-12-31

CINCINNATI PIPEFITTING INDUSTRY PROMOTION TRUST FUND, founded in 1972, is a small nonprofit that reported $366K in total revenue in fiscal year 2025.

Mission

PROMOTION OF PIPE FITTING INDUSTRY

Program Service Accomplishments

Program 1

MAINTENANCE OF WELDING FUNCTION AND TESTING FUNCTION IN PIPE FITTING INDUSTRY. ENTIRE PIPE FITTING INDUSTRY BENEFITS FROM THE ACTIVITIES

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $366,287
Investment Income $15
Other Revenue $0
TOTAL REVENUE $366,302

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $368,517
TOTAL EXPENSES $368,517

Year-over-Year Comparison

2025 2024 Change
Revenue $366,302 $347,716 +0.1%
Expenses $368,517 $376,740 0.0%
Net Income $-2,215 $-29,024 -0.9%
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 1.00
Officer
$0 $0 $0
DAVE SPAULDING CHAIRMAN 1.00
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
2025 $366,302 $368,517 $92,874 $-2,215
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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