EVANSVILLE PLUMBERS APPRENTICE TRAINING TRUST FUND (EIN 356026167) - 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

1961

Legal Domicile

Principal Officer

JASON BLONDIN

Phone

8124245212

Tax Period

2023-01-01 to 2023-12-31

EVANSVILLE PLUMBERS APPRENTICE TRAINING TRUST FUND, founded in 1961, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2023.

Mission

PLUMBING AND PIPEFITTING TRAINING

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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 $567,583

Program Service Revenue $1,705,130

Investment Income $14,258

Other Revenue $45,749

TOTAL REVENUE $2,332,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,036,341

Fundraising Expenses $0

Program Expenses $2,458,225

Other Expenses $1,421,884

TOTAL EXPENSES $2,458,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,332,720	$2,205,837	+0.1%
Expenses	$2,458,225	$2,322,793	+0.1%
Net Income	$-125,505	$-116,956	+0.1%

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

$134,775

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT FALKENSTEIN	ALTERNATE TRUSTEE	0.00	Director	$0	$0	$0
JASON ROSS	JATC FINANCIAL FIDUCIARY	0.00	Officer Director	$0	$0	$0
SETH CARNES	TRUSTEE	0.00	Director	$0	$0	$0
MIKE ELPERS	TRUSTEE	0.00	Director	$0	$0	$0
JOHN BATES	JATC CHAIRMAN	0.00	Officer Director	$0	$0	$0
ROBERT GOEDDE	SECRETARY	0.00	Officer Director	$0	$0	$0
JOE BAYER	TRUSTEE	0.00	Director	$0	$0	$0
RANDY GOODWIN	TRUSTEE	0.00	Director	$0	$0	$0
CHRIS QUINN	TRUSTEE/RECORDING SECRETAR	0.00	Director	$0	$0	$0
JASON BLONDIN	JATC FINANCIAL FIDUCIARY	40.00	Officer	$110,403	$24,372	$134,775

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	$2,332,720	$2,458,225	$2,942,722	$-125,505
2022	$2,205,837	$2,322,793	$3,123,523	$-116,956
2021	$2,319,217	$2,257,791	$3,497,630	$61,426
2020	$2,589,351	$2,190,238	$3,499,712	$399,113
2019	$2,559,493	$2,527,616	$3,152,911	$31,877
2018	$2,219,116	$2,410,868	$3,178,045	$-191,752

EVANSVILLE PLUMBERS APPRENTICE TRAINING TRUST FUND