INSULATORS LOCAL UNION 41 JOINT APPRENTICESHIP COMMITTEE (EIN 351630847) - 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

2004

Legal Domicile

Principal Officer

DANIEL T HERR

Phone

2604466327

Tax Period

2023-01-01 to 2023-12-31

INSULATORS LOCAL UNION 41 JOINT APPRENTICESHIP COMMITTEE, founded in 2004, is a micro nonprofit that reported $65K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $110K exceeded revenue, resulting in a 70% operating deficit.

Mission

EDUCATIONAL TRAINING OF APPRENTICES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $6,500

Program Service Revenue $58,356

Investment Income $155

Other Revenue $0

TOTAL REVENUE $65,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,397

Fundraising Expenses $0

Program Expenses $92,743

Other Expenses $58,971

TOTAL EXPENSES $110,368

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,011	$88,410	-0.3%
Expenses	$110,368	$114,601	0.0%
Net Income	$-45,357	$-26,191	+0.7%

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

$27,218

Total Directors

$1,326

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS A SHEPLER	COORDINATOR	24.00	Officer	$26,776	$0	$26,776
DANIEL T HERR	SECRETARY	1.00	Officer Director	$442	$0	$442
BROCK MEEHAN	TRUSTEE	1.00	Director	$442	$0	$442
DEVON NOE	TRUSTEE	1.00	Director	$442	$0	$442

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	No data	No data	No data	No data
2023	$65,011	$110,368	$90,093	$-45,357
2022	$88,410	$114,601	$132,574	$-26,191
2021	$110,454	$190,127	$159,270	$-79,673
2020	$180,047	$134,686	$239,438	$45,361
2019	$219,358	$190,254	$191,468	$29,104

INSULATORS LOCAL UNION 41 JOINT APPRENTICESHIP COMMITTEE