OPERATING ENGINEERS LOCAL 103 APPRENTSHP & TRNG PRGM (EIN 351132522) - 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

Formation Year

1967

Legal Domicile

Principal Officer

JAMES R RATICAN

Phone

7653780013

Tax Period

2024-04-01 to 2025-03-31

OPERATING ENGINEERS LOCAL 103 APPRENTSHP & TRNG PRGM, founded in 1967, is a community nonprofit in the Employment sector that reported $5.3M in total revenue in fiscal year 2024. Net assets of $14.3M represent 32 months of operating reserves.

Mission

APPRENTICESHIP PROGRAM FOR OPERATING ENGINEERS

🔒

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 $5,131,394

Investment Income $212,099

Other Revenue $0

TOTAL REVENUE $5,343,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,315,917

Fundraising Expenses $0

Program Expenses $4,870,068

Other Expenses $3,080,900

TOTAL EXPENSES $5,396,817

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,343,493	$5,457,702	0.0%
Expenses	$5,396,817	$4,576,739	+0.2%
Net Income	$-53,324	$880,963	-1.1%

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

$200,128

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM DAPP	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHEN SCOTT	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID DENISIUK	TRUSTEE	1.00	Director	$0	$0	$0
ADAM DAY	TRUSTEE	1.00	Director	$0	$0	$0
TONY EVANS	TRUSTEE	1.00	Director	$0	$0	$0
MARGARET BROOKS	TRUSTEE	1.00	Director	$0	$0	$0
JAMES SPARKS	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG TYLER	TRUSTEE	1.00	Director	$0	$0	$0
CORY LODGE	TRUSTEE	1.00	Director	$0	$0	$0
GARY HAYDEN JR	TRUSTEE	1.00	Director	$0	$0	$0
JAMES R RATICAN	PROGRAM ADMIN	40.00	Officer	$136,828	$63,300	$200,128
MONTY MINTON	INSTRUCTOR	40.00	Highest	$122,275	$65,374	$187,649
ROBERT SOUTHER	INSTRUCTOR	40.00	Highest	$125,485	$65,806	$191,291
DUSHAN SHEPEARD	INSTRUCTOR	40.00	Highest	$125,518	$65,727	$191,245
BRIAN RUNION	INSTRUCTOR	40.00	Highest	$124,189	$65,591	$189,780
JEFFREY HUTCHISON	MECHANIC	40.00	Highest	$122,336	$65,228	$187,564

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	$5,343,493	$5,396,817	$14,336,212	$-53,324
2024	$5,457,702	$4,576,739	$14,438,270	$880,963
2023	$4,771,827	$3,709,321	$12,683,741	$1,062,506
2022	$4,394,019	$3,311,732	$12,042,478	$1,082,287
2021	$3,602,264	$3,114,330	$11,238,267	$487,934
2020	$3,527,556	$3,081,721	$9,551,799	$445,835
2019	$3,086,756	$2,749,306	$9,419,784	$337,450

OPERATING ENGINEERS LOCAL 103 APPRENTSHP & TRNG PRGM