WESTERN MICHIGAN SHEET METAL JATC FUND (EIN 383012019) - 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

2003

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WESTERN MICHIGAN SHEET METAL JATC FUND, founded in 2003, is a small nonprofit that reported $566K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $142K, a strong 25% operating margin.

Mission

Apprentice Training of Employees in Western Michigan

🔒

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 $512,840

Program Service Revenue $0

Investment Income $2,119

Other Revenue $50,757

TOTAL REVENUE $565,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $423,601

Other Expenses $423,601

TOTAL EXPENSES $423,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$565,716	$482,481	+0.2%
Expenses	$423,601	$370,128	+0.1%
Net Income	$142,115	$112,353	+0.3%

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

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ronald Sejat	Trustee	1.00	Director	$0	$0	$0
Andy Kanaar	President	1.00	Director	$0	$0	$0
Mark Shubert	Trustee	1.00	Director	$0	$0	$0
Zachary Rockwell	Trustee	1.00	Director	$0	$0	$0
Don Gialek	Trustee	1.00	Director	$0	$0	$0
Mike Adams	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
2024	No data	No data	No data	No data
2023	$565,716	$423,601	$1,921,107	$142,115
2022	$482,481	$370,128	$1,778,992	$112,353
2021	$432,098	$342,254	$1,666,639	$89,844
2020	$343,514	$311,418	$1,576,795	$32,096
2019	$385,721	$261,746	$1,544,699	$123,975
2018	$358,432	$231,647	$1,420,724	$126,785

WESTERN MICHIGAN SHEET METAL JATC FUND