WISCONSIN OPERATING ENGINEERS SKILL IMPROVEMENT AND APPRENTICESHIP FUND (EIN 391102559) - 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

1970

Legal Domicile

Principal Officer

Terry McGowan

Phone

2625499190

Tax Period

2024-06-01 to 2025-05-31

WISCONSIN OPERATING ENGINEERS SKILL IMPROVEMENT AND APPRENTICESHIP FUND, founded in 1970, is a mid-sized nonprofit in the Employment sector that reported $14.8M in total revenue in fiscal year 2024.

Mission

TO PROVIDE SKILL IMPROVEMENT, SAFETY, AND TRAINING PROGRAMS FOR APPRENTICESHIP, EMPLOYEE, JOURNEYMEN, OR INSTRUCTOR TRAINING AND EDUCATION IN THE OPERATING ENGINEER TRADE OR CRAFT AND RELATED OCCUPATIONS.

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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 $14,580,840

Investment Income $147,807

Other Revenue $42,260

TOTAL REVENUE $14,770,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,086,464

Fundraising Expenses $0

Program Expenses $9,118,137

Other Expenses $6,712,235

TOTAL EXPENSES $14,798,699

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,770,907	$13,889,963	+0.1%
Expenses	$14,798,699	$13,081,700	+0.1%
Net Income	$-27,792	$808,263	-1.0%

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

100

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
CRAIG DRETZKA	TRUSTEE	3.00	Director	$0	$0	$0
DEREK ALLEN	TRUSTEE-FORMER	3.00	Director	$0	$0	$0
AL FOGEL	TRUSTEE	3.00	Director	$0	$0	$0
MATT MARCELLIS	TRUSTEE	3.00	Director	$0	$0	$0
SHANE GRIESBACH	TRUSTEE	3.00	Director	$0	$0	$0
SHAUN MCHUGH	TRUSTEE	3.00	Director	$0	$0	$0
STEVE BUFFALO	TRUSTEE	3.00	Director	$0	$0	$0
TERRY MCGOWAN	CHAIRMAN	3.00	Officer Director	$0	$0	$0
TIM PETERSON	TRUSTEE	3.00	Director	$0	$0	$0
TOM WOLF	SECRETARY	3.00	Officer Director	$0	$0	$0
DAN MARSOLEK	TRUSTEE-FORMER	3.00	Director	$0	$0	$0
MIKE TESTOLIN	TRUSTEE	3.00	Director	$0	$0	$0
DANIEL SPERBERG	TRAINING DIRECTOR	50.00	Highest	$177,574	$88,451	$266,025
ROBERT CAYER	INSTRUCTOR	3.00	Highest	$122,491	$81,756	$204,247
FRANK MEATING	INSTRUCTOR	50.00	Highest	$122,491	$81,756	$204,247
JOSEPH KREMPP	INSTRUCTOR	50.00	Highest	$122,491	$81,756	$204,247
MATTHEW WEHRMANN	INSTRUCTOR	50.00	Highest	$122,491	$81,756	$204,247

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	$14,770,907	$14,798,699	$44,435,254	$-27,792
2024	$13,889,963	$13,081,700	$45,377,384	$808,263
2023	$13,448,047	$11,764,989	$39,457,859	$1,683,058
2022	$11,410,505	$9,796,143	$22,671,605	$1,614,362
2021	$11,692,613	$8,555,520	$22,522,112	$3,137,093
2020	$10,232,000	$8,247,888	$21,359,770	$1,984,112
2019	$9,251,559	$7,950,857	$19,678,863	$1,300,702

WISCONSIN OPERATING ENGINEERS SKILL IMPROVEMENT AND APPRENTICESHIP FUND