MINNEAPOLIS PLUMBERS JOINT JOURNEYMAN & APPRENTICE TRAINING (EIN 410909858) - 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

1959

Legal Domicile

Principal Officer

BRIDGET FLANIGAN

Phone

6123745262

Tax Period

2023-07-01 to 2024-06-30

MINNEAPOLIS PLUMBERS JOINT JOURNEYMAN & APPRENTICE TRAINING, founded in 1959, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023.

Mission

APPRENTICE TRAINING FUND

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $2,924,400

Investment Income $89,101

Other Revenue $24,370

TOTAL REVENUE $3,042,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,250,981

Fundraising Expenses $0

Other Expenses $1,783,097

TOTAL EXPENSES $3,034,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,042,871	$3,118,086	0.0%
Expenses	$3,034,078	$3,018,952	+0.0%
Net Income	$8,793	$99,134	-0.9%

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

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

$9,361

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT GALE	TRUSTEE - VICE CHAIRMAN	1.00	Director	$0	$0	$0
SCOTT SUNDGAARD	TRUSTEE	1.00	Director	$0	$0	$0
BRIDGET FLANIGAN	TRUSTEE - CHAIRMAN	1.00	Director	$0	$0	$0
AARON BYRD	TRUSTEE	1.00	Director	$5,942	$0	$5,942
TOM MURALT	TRUSTEE	1.00	Director	$0	$0	$0
SOPHIE THADEN	TRUSTEE - CO-CHAIRMAN	1.00	Director	$0	$0	$0
GARY THADEN	TRUSTEE - ALTERNATE	1.00	Director	$0	$0	$0
SAM HUSNIK	TRUSTEE - ALTERNATE	1.00	Director	$3,419	$0	$3,419
TROY SEITZ	TRUSTEE	1.00	Director	$0	$0	$0
JAMES FROEHLE	TRUSTEE	1.00	Director	$0	$0	$0
TOM PAHKALA	TRUSTEE - ALTERNATE	1.00	Director	$0	$0	$0
DOUG JONES	TRUSTEE - ALTERNATE	1.00	Director	$0	$0	$0
TREVOR OGILVIE	COORDINATOR	45.00	Highest	$189,674	$67,908	$257,582
DANIEL SINGER	INSTRUCTOR	45.00	Highest	$139,123	$51,010	$190,133

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	No data	No data	No data	No data
2024	$3,042,871	$3,034,078	$10,183,921	$8,793
2023	$3,118,086	$3,018,952	$10,808,007	$99,134
2022	$2,727,803	$2,893,408	$3,901,633	$-165,605
2021	$2,190,772	$1,892,335	$4,139,946	$298,437
2020	$2,244,338	$1,641,153	$3,783,733	$603,185
2019	$1,915,718	$1,599,364	$3,221,091	$316,354
2018	$1,557,634	$1,547,318	$2,845,949	$10,316

MINNEAPOLIS PLUMBERS JOINT JOURNEYMAN & APPRENTICE TRAINING