APPRENTICE AND JOURNEYMAN TRAINING TRUST FUND OF THE ELECTRICAL INDUST

EIN: 386107342 501(c)(3) Employment

MADISON HTS, MI

Total Revenue
$5,648,400
Total Expenses
$4,015,167
Total Assets
$15,665,472
Net Assets
$14,552,672
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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
MI
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.

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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%)

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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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
1
$222,076
Total Directors
8
$0
Key Employees
1
$455,124
Highest Compensated
0
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
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