MIDSTATE ELECTRICAL TRAINING CENTER

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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

Principal Officer

ROBERT BEERY

Phone

2178753041

Tax Period

2025-01-01 to 2025-12-31

MIDSTATE ELECTRICAL TRAINING CENTER is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $253K, a strong 21% operating margin.

Mission

TRAINING ELECTRICAL WORKERS

Program Service Accomplishments

Program 1

TRAIN AND EDUCATE APPLICANTS FROM INDENTURED TO JOURNEYMAN WIREMAN

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,001,853

Investment Income $18,799

Other Revenue $174,598

TOTAL REVENUE $1,195,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $548,055

Fundraising Expenses $0

Other Expenses $393,954

TOTAL EXPENSES $942,009

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,195,250	$779,697	+0.5%
Expenses	$942,009	$692,786	+0.4%
Net Income	$253,241	$86,911	+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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON DRAKE	TRAINING DIR	40.00		$108,952	$45,086	$154,038
PAUL ARTIS	TRUSTEE	0.25	Director	$0	$0	$0
ROBERT BEERY	CHAIRMAN	0.25	Officer Director	$0	$0	$0
JAMES MILLER	TRUSTEE	0.25	Director	$0	$0	$0
DOMINIC RUHOLL	TRUSTEE	0.25	Director	$0	$0	$0
MICHELLE WAYNE	TRUSTEE	0.25	Director	$0	$0	$0
CHAD WERNSING	SECRETARY	0.25	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	$1,195,250	$942,009	$921,676	$253,241
2024	$779,697	$692,786	$668,435	$86,911
2023	$587,538	$516,470	$581,524	$71,068
2022	$478,476	$465,694	$514,836	$12,782
2021	$413,363	$393,642	$503,319	$19,721
2020	$347,678	$399,575	$482,700	$-51,897
2019	$435,833	$401,473	$530,696	$34,360
2018	$409,996	$366,915	$499,946	$43,081