FORT WAYNE ELECTRICAL JOINT APPRENTICESHIP & TRAINING COMMITTEE (EIN 351114089) - 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

1945

Legal Domicile

Principal Officer

HEATH CAMOMILE

Phone

2604836257

Tax Period

2024-06-01 to 2025-05-31

FORT WAYNE ELECTRICAL JOINT APPRENTICESHIP & TRAINING COMMITTEE, founded in 1945, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $661K, a strong 33% operating margin.

Mission

TRAINING SCHOOL FOR ELECTRICAL APPRENTICES AND JOURNEYMEN

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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 $1,985,406

Investment Income $16,930

Other Revenue $7,751

TOTAL REVENUE $2,010,087

Expense Breakdown

Grants Paid $0

Salaries & Benefits $495,147

Fundraising Expenses $0

Program Expenses $1,079,408

Other Expenses $853,608

TOTAL EXPENSES $1,348,755

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,010,087	$804,757	+1.5%
Expenses	$1,348,755	$843,862	+0.6%
Net Income	$661,332	$-39,105	-17.9%

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

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

$9,449

Total Directors

$17,794

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATH CAMOMILE	CHARIMAN	4.00	Officer Director	$9,449	$0	$9,449
BRIAN CHESTER	TRUSTEE	1.00	Director	$8,345	$0	$8,345
GREG DRIVER	TRUSTEE	1.00	Director	$0	$0	$0
KYLE FINN	TRUSTEE	1.00	Director	$0	$0	$0
KIP HOWARD	TRUSTEE	1.00	Director	$0	$0	$0
SEAN LEININGER	SECRETARY	1.00	Officer 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	$2,010,087	$1,348,755	$1,293,532	$661,332
2024	$804,757	$843,862	$638,657	$-39,105
2023	$712,146	$856,066	$677,189	$-143,920
2022	$731,038	$791,771	$814,621	$-60,733
2021	$625,646	$734,714	$874,097	$-109,068
2020	$397,070	$519,002	$983,366	$-121,932
2019	$586,176	$585,368	$1,104,694	$808
2018	$703,662	$472,578	$1,103,067	$231,084

FORT WAYNE ELECTRICAL JOINT APPRENTICESHIP & TRAINING COMMITTEE