APPRENTICE AND JOURNEYMAN TRAINING… - Form 990 Financial Data

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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

1965

Legal Domicile

Principal Officer

E CRAIG YOUNG

Phone

5865759200

Tax Period

2024-06-01 to 2025-05-31

APPRENTICE AND JOURNEYMAN TRAINING TRUST FUND OF THE ELECTRICAL INDUST, founded in 1965, is a community nonprofit in the Employment sector that reported $5.6M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.6M, a strong 29% operating margin.

Mission

THE EXEMPT PURPOSE OF THE TRUST IS TO EDUCATE ELECTRICIANS IN THE METHODS OF ELECTRICAL CONSTRUCTION AND TELECOMMUNICATIONS INSTALLATIONS.

Program Service Accomplishments

Program 1

Expenses: $3,960,000 Revenue: $5,488,624

THE TRUST PROVIDED THE FUNDING TO EDUCATE OVER 675 APPRENTICES, & ALSO TRAINED JOURNEYMAN ELECTRCIANS IMPROVING THEIR SKILLS. APPRENTICES LEARNED THE BASIC SKILLS REQUIRED OF AN ELECTRICIAN, AND...

THE TRUST PROVIDED THE FUNDING TO EDUCATE OVER 675 APPRENTICES, & ALSO TRAINED JOURNEYMAN ELECTRCIANS IMPROVING THEIR SKILLS. APPRENTICES LEARNED THE BASIC SKILLS REQUIRED OF AN ELECTRICIAN, AND JOURNEYMAN SKILLS WERE UPGRADED IN CODE UPDATES AND APPLYING NEW METHODS.

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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 $5,488,624

Investment Income $159,776

Other Revenue $0

TOTAL REVENUE $5,648,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,960,000

Other Expenses $4,015,167

TOTAL EXPENSES $4,015,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,648,400	$4,789,390	+0.2%
Expenses	$4,015,167	$4,129,616	0.0%
Net Income	$1,633,233	$659,774	+1.5%

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

N/A

Volunteers

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

$222,076

Total Directors

Key Employees

$455,124

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
E CRAIG YOUNG	BENEFITS DIR	1.00	Key Emp	$0	$55,951	$455,124
JOSEPH SCOTT	TRAINING DIR	1.00	Officer	$0	$57,674	$222,076
NICK CHAPITAL	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM DARISH	CHAIRMAN	1.00	Director	$0	$0	$0
JASON HEAD	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY L'HEUREUX	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL RICHARD	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES SOOSIK	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY WIECZOREK	BOARD MEMBER	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	$5,648,400	$4,015,167	$15,665,472	$1,633,233
2024	$4,789,390	$4,129,616	$13,689,153	$659,774
2023	$4,541,313	$3,557,039	$12,600,491	$984,274
2022	$4,718,294	$3,266,412	$11,814,724	$1,451,882
2021	$4,048,219	$2,722,859	$10,053,848	$1,325,360
2020	$3,057,100	$3,521,275	$7,997,142	$-464,175
2019	$3,430,876	$3,984,115	$10,094,266	$-553,239
2018	$3,728,401	$3,952,676	$10,645,794	$-224,275

APPRENTICE AND JOURNEYMAN TRAINING TRUST FUND OF THE ELECTRICAL INDUST