MICHIGAN BAC APPRENTICESHIP & TRAINING FUND

EIN: 386158556 501(c)(3)

LANSING, MI

Total Revenue
$382,897
Total Expenses
$435,190
Total Assets
$1,372,932
Net Assets
$1,343,382
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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
1968
Legal Domicile
MI
Principal Officer
SAME AS C ABOVE
Phone
5173217502
Tax Period
2021-05-01 to 2022-04-30

MICHIGAN BAC APPRENTICESHIP & TRAINING FUND, founded in 1968, is a small nonprofit that reported $383K in total revenue in fiscal year 2021. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $435K exceeded revenue, resulting in a 14% operating deficit.

Mission

DEFRAYING TRAINING COSTS FOR APPRENTICES AND JOURNEYMEN.

Program Service Accomplishments

Program 1
Expenses: $322,785

COLLECTION AND ADMINISTRATION OF CONTRIBUTIONS; INSTRUCTING AND TRAINING OF PARTICIPANTS

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $258,565
Investment Income $23,434
Other Revenue $100,898
TOTAL REVENUE $382,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,359
Fundraising Expenses $0
Program Expenses $322,785
Other Expenses $294,831
TOTAL EXPENSES $435,190

Year-over-Year Comparison

2021 2020 Change
Revenue $382,897 $547,114 -0.3%
Expenses $435,190 $636,755 -0.3%
Net Income $-52,293 $-89,641 -0.4%
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
10
Independent Members
1
Employees
5
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
0
$0
Total Directors
11
$881,685
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL DUNFORD TRUSTEE 1.00
Director
$0 $53,240 $158,490
JAMES BRYLOWSKI CHAIRMAN 1.00
Director
$0 $49,295 $148,397
CHARLES KUKAWKA FORMER CHAIR 1.00
Director
$0 $24,766 $147,694
GREG LOBODZINSKI TRUSTEE 1.00
Director
$0 $47,151 $142,368
CHAD MORRISON TRUSTEE 1.00
Director
$0 $47,151 $142,368
DARYL NICHOLS TRUSTEE 1.00
Director
$0 $47,151 $142,368
TC BAKER TRUSTEE 1.00
Director
$0 $0 $0
RICK BENNER TRUSTEE 1.00
Director
$0 $0 $0
ANDY BRACY TRUSTEE 1.00
Director
$0 $0 $0
KIMMBERLY SIEWERT TRUSTEE 1.00
Director
$0 $0 $0
BARBARA STRACHAN SECRETARY 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
2022 $382,897 $435,190 $1,372,932 $-52,293
2022 $314,091 $287,718 No data $26,373
2021 $547,114 $636,755 $1,504,561 $-89,641
2020 $322,096 $480,893 $1,506,947 $-158,797
2019 $433,549 $419,964 $1,747,972 $13,585
2018 $333,511 $425,793 $1,800,073 $-92,282
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