Plumbers and Pipefitters Local 357 Training Fund (EIN 382719169) - 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

1966

Legal Domicile

Phone

2696792570

Tax Period

2024-07-01 to 2025-06-30

Plumbers and Pipefitters Local 357 Training Fund, founded in 1966, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $611K, a strong 26% operating margin.

Mission

Education and hands-on training to trade apprentices and to journeymen plumbers.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,727,527

Investment Income $10,974

Other Revenue $635,767

TOTAL REVENUE $2,374,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,015,233

Fundraising Expenses $0

Program Expenses $1,734,189

Other Expenses $747,861

TOTAL EXPENSES $1,763,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,374,268	$1,392,246	+0.7%
Expenses	$1,763,094	$1,465,843	+0.2%
Net Income	$611,174	$-73,597	-9.3%

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

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

Total Directors

$147,769

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT GULBRANSON	TRUSTEE	1.00	Director	$0	$0	$141,234
SCOTT BUSH	TRUSTEE	1.00	Director	$2,344	$0	$3,670
CASEY CRAFT	TRUSTEE	1.00	Director	$2,087	$0	$2,087
RICHARD SIMMONS	TRUSTEE	1.00	Director	$778	$0	$778
ANDY REED	TRUSTEE	1.00	Director	$0	$0	$0
RYAN LAPINE	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS BYERS	TRUSTEE	1.00	Director	$0	$0	$0
NED HAWKINS	TRUSTEE	1.00	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	$2,374,268	$1,763,094	$1,734,504	$611,174
2024	No data	No data	No data	No data
2023	$1,392,246	$1,465,843	$1,107,148	$-73,597
2022	$1,688,872	$1,383,814	$1,178,124	$305,058
2021	$1,439,018	$1,101,367	$889,555	$337,651
2020	$947,688	$915,295	$546,164	$32,393
2019	$1,078,027	$899,484	$487,691	$178,543

Plumbers and Pipefitters Local 357 Training Fund