INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 131 KJATC (EIN 382785195) - 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

1945

Legal Domicile

Principal Officer

CRAIG NUYEN

Phone

2693884434

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 131 KJATC, founded in 1945, is a community nonprofit in the Employment sector that reported $1.0M in total revenue in fiscal year 2025. The organization ran a surplus of $292K, a strong 29% operating margin.

Mission

APPRENTICESHIP AND TRAINING FOR ELECTRICAL WORKERS IN SOUTHWEST MICHIGAN

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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 $121,647

Program Service Revenue $863,436

Investment Income $20,226

Other Revenue $367

TOTAL REVENUE $1,005,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $430,370

Fundraising Expenses $0

Program Expenses $577,280

Other Expenses $283,426

TOTAL EXPENSES $713,796

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,005,676	$1,008,009	0.0%
Expenses	$713,796	$668,642	+0.1%
Net Income	$291,880	$339,367	-0.1%

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

$315,412

Total Directors

$167,030

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD LEBOEUF	UNION REPRESENTATIVE	0.25	Director	$3,702	$1,798	$5,500
TIMOTHY HAYDON	UNION REPRESENTATIVE	0.25	Director	$3,702	$1,798	$5,500
BRIAN O'DONNELL	CONTRACTOR REPRESENTATIVE	0.25	Director	$0	$0	$0
FLETCHER LEET	CONTRACTOR REPRESENTATIVE	0.25	Director	$0	$0	$0
CRAIG NUYEN	CONTRACTOR REP/CHAIRMAN	0.25	Officer Director	$0	$0	$0
RYAN LEWIS	UNION REP/SECRETARY	0.25	Officer Director	$0	$45,607	$156,030
TONY GAUDIO	TRAINING DIRECTOR	48.00	Officer	$111,176	$48,206	$159,382

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	$1,005,676	$713,796	$2,429,768	$291,880
2024	$1,008,009	$668,642	$2,100,026	$339,367
2023	$683,218	$632,442	$1,761,312	$50,776
2022	$679,147	$589,473	$1,722,431	$89,674
2021	$1,173,275	$424,163	$1,627,447	$749,112
2020	$503,631	$342,548	$873,278	$161,083
2019	$410,075	$323,240	$698,035	$86,835
2018	$455,986	$323,697	$608,829	$132,289

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 131 KJATC