Plumbers & Pipefitters Joint Apprenticeship Training Committee (EIN 351155749) - 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

1941

Legal Domicile

Principal Officer

Broc Buczolich

Phone

5742730500

Tax Period

2023-07-01 to 2024-06-30

Plumbers & Pipefitters Joint Apprenticeship Training Committee, founded in 1941, is a small nonprofit that reported $959K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

Apprentice Training Plumbing

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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 (2023)

Revenue Breakdown

Contributions & Grants $663,932

Program Service Revenue $279,497

Investment Income $15,360

Other Revenue $0

TOTAL REVENUE $958,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $447,154

Fundraising Expenses $0

Other Expenses $546,137

TOTAL EXPENSES $993,291

Year-over-Year Comparison

	2023	2022	Change
Revenue	$958,789	$1,028,139	-0.1%
Expenses	$993,291	$988,115	+0.0%
Net Income	$-34,502	$40,024	-1.9%

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

N/A

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

Total Directors

$20,447

Key Employees

$95,102

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kurt Meade	Trustee	1.00	Director	$0	$0	$0
David Schoff	Trustee	1.00	Director	$4,763	$0	$4,763
Jeremy Lucas	Trustee	1.00	Director	$0	$0	$0
Joe Castro	Trustee	1.00	Director	$1,905	$0	$1,905
Broc Buczolich	Trustee	1.00	Director	$423	$0	$423
Tyler Frame	Trustee	1.00	Director	$0	$0	$0
Robert Kelsey	Trustee	1.00	Director	$0	$0	$0
Broc Buczolich	Appre Coordinator	40.00	Key Emp	$0	$0	$0
Jeffrey Jagnecki	Trustee	1.00	Director	$0	$0	$0
Ira Fox	Trustee	1.00	Director	$1,508	$0	$1,508
Matthew Meert	Trustee	1.00	Director	$0	$0	$0
Kevin Marriott	Trustee	1.00	Director	$5,438	$0	$5,438
Keith Keppler	Trustee	1.00	Director	$6,410	$0	$6,410
Jeremy Lucas	Appre Coordinator	40.00	Key Emp	$95,102	$0	$95,102

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	$958,789	$993,291	$1,750,507	$-34,502
2023	$1,028,139	$988,115	$1,786,462	$40,024
2022	$1,016,054	$869,894	$1,746,679	$146,160
2021	$935,929	$733,371	$1,601,527	$202,558
2020	$934,556	$716,179	$1,398,921	$218,377
2019	$1,121,232	$1,115,361	$1,181,670	$5,871

Plumbers & Pipefitters Joint Apprenticeship Training Committee