IRONWORKERS LOCAL 46 TRAINING PROGRAM TR (EIN 370867495) - 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

BRIAN BASKETT

Phone

2175284041

Tax Period

2023-07-01 to 2024-06-30

IRONWORKERS LOCAL 46 TRAINING PROGRAM TR, founded in 1967, is a small nonprofit that reported $201K in total revenue in fiscal year 2020. The organization ran a surplus of $70K, a strong 35% operating margin.

Mission

THE MISSION OF LOCAL 46 TRAINING PROGRAM TRUST IS TO PROVIDE AN APPRENTICE TRAINING PROGRAM FOR NEW MEMBERS OF INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, AND ORNAMENTAL IRON WORKERS LOCAL UNION NO. 46.

🔒

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 $3,200

Program Service Revenue $283,354

Investment Income $12,016

Other Revenue $2,947

TOTAL REVENUE $301,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,403

Fundraising Expenses $0

Other Expenses $118,351

TOTAL EXPENSES $242,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,517	$200,976	+0.5%
Expenses	$242,754	$260,012	-0.1%
Net Income	$58,763	$-59,036	-2.0%

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

$78,744

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG GOETZ	TRUSTEE	1.00	Director	$0	$0	$0
STEVE HALVERSON	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN BENEKE	TRUSTEE	1.00	Director	$0	$0	$0
MASON YOUNG	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN BASKETT	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN GRAPES	TRUSTEE	1.00	Director	$0	$0	$0
FRED BASKETT	TRUSTEE	1.00	Director	$0	$0	$0
DAN SULLIVAN	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA SUMMERS	COORDINATOR	10.00	Officer	$47,444	$31,300	$78,744

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	$301,517	$242,754	$393,402	$58,763
2023	$200,976	$260,012	$331,588	$-59,036
2022	$224,239	$140,057	$390,472	$84,182
2021	$200,726	$130,305	$305,429	$70,421

IRONWORKERS LOCAL 46 TRAINING PROGRAM TR