LOCAL 160 - JOINT APPRENTICESHIP COMMITTEE (EIN 371124478) - 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

1959

Legal Domicile

Principal Officer

BRADLEY THIES

Phone

6186844521

Tax Period

2024-06-01 to 2025-05-31

Local 160 - Joint Apprenticeship Committee, founded in 1959, is a small nonprofit that reported $264K in total revenue in fiscal year 2017.

Mission

TO PROVIDE TRAINING FOR APPRENTICES TO THE JOURNEYMEN OF UNITED ASSOCIATION OF PLUMBERS & PIPEFITTERS LOCAL 160.

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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 $9,000

Program Service Revenue $495,868

Investment Income $1,446

Other Revenue $2,765

TOTAL REVENUE $509,079

Expense Breakdown

Grants Paid $0

Salaries & Benefits $307,578

Fundraising Expenses $0

Other Expenses $183,012

TOTAL EXPENSES $490,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$509,079	$476,687	+0.1%
Expenses	$490,590	$501,786	0.0%
Net Income	$18,489	$-25,099	-1.7%

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

$120,259

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY THIES	TRAINING COO	40.00	Officer	$120,259	$0	$120,259
RON CETO	TRUSTEE	2.00	Director	$0	$0	$0
BRET GRASHER	TRUSTEE	2.00	Director	$0	$0	$0
RANDY GROB	TRUSTEE	2.00	Director	$0	$0	$0
JOSH MORO	TRUSTEE	2.00	Director	$0	$0	$0
JOSHUA STANLEY	TRUSTEE	2.00	Director	$0	$0	$0
JOSH WRIGHT	TRUSTEE	2.00	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	$509,079	$490,590	$507,638	$18,489
2024	$476,687	$501,786	$488,792	$-25,099
2023	$544,651	$435,818	$505,476	$108,833
2022	$318,069	$339,517	$345,216	$-21,448
2021	$334,243	$339,517	$366,664	$-5,274
2020	$317,185	$289,205	$335,133	$27,980
2019	$308,209	$288,468	$303,997	$19,741
2018	$264,262	$281,739	$287,715	$-17,477

LOCAL 160 - JOINT APPRENTICESHIP COMMITTEE