OPERATING ENGINEERS APPRENTICESHIP & SKILL IMP COMMITTEE - CENTRAL IL (EIN 370918073) - 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

1968

Legal Domicile

Principal Officer

PATRICK MCCAHERTY

Phone

2174987798

Tax Period

2024-05-01 to 2025-04-30

OPERATING ENGINEERS APPRENTICESHIP & SKILL IMP COMMITTEE - CENTRAL IL, founded in 1968, is a community nonprofit in the Employment sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 30% operating margin.

Mission

PROVIDE AN APPRENTICE TRAINING PROGRAM FOR NEW UNION MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,347,319

Investment Income $63,699

Other Revenue $21,012

TOTAL REVENUE $3,432,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,028,568

Fundraising Expenses $0

Program Expenses $2,259,198

Other Expenses $1,377,429

TOTAL EXPENSES $2,405,997

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,432,030	$2,305,601	+0.5%
Expenses	$2,405,997	$1,938,411	+0.2%
Net Income	$1,026,033	$367,190	+1.8%

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

$231,059

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON RHOADES	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MITCHELL SCHINZLER	TRUSTEE	1.00	Director	$0	$0	$0
DENNY BANGERT	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS ARNOLD	TRUSTEE	1.00	Director	$0	$0	$0
BARNEY FLATT	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT DUNN	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK MCCAHERTY	TRAINING COORDINATOR	40.00	Officer	$0	$94,329	$231,059

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	$3,432,030	$2,405,997	$2,964,960	$1,026,033
2024	$2,305,601	$1,938,411	$1,915,521	$367,190
2023	$1,879,942	$2,191,100	$1,547,442	$-311,158
2022	$2,330,300	$1,999,076	$1,861,371	$331,224
2021	$1,686,187	$1,447,397	$1,528,938	$238,790
2020	$1,257,621	$1,301,926	$1,294,122	$-44,305
2019	$1,416,694	$1,454,688	$1,386,105	$-37,994

OPERATING ENGINEERS APPRENTICESHIP & SKILL IMP COMMITTEE - CENTRAL IL