TEAMSTERS CONSTRUCTION DIVISION EDUCATION & TRAINING FUND OF MINNESOTA (EIN 411676452) - 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

1990

Legal Domicile

Principal Officer

ZACHARY RADZAK

Phone

6512561900

Tax Period

2022-12-01 to 2023-11-30

TEAMSTERS CONSTRUCTION DIVISION EDUCATION & TRAINING FUND OF MINNESOTA, founded in 1990, is a small nonprofit that reported $281K in total revenue in fiscal year 2022. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $243K left a modest 14% surplus.

Mission

APPRENTICESHIP 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 (2022)

Revenue Breakdown

Contributions & Grants $20,000

Program Service Revenue $256,713

Investment Income $4,743

Other Revenue $0

TOTAL REVENUE $281,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $144,715

Fundraising Expenses $0

Other Expenses $98,171

TOTAL EXPENSES $242,886

Year-over-Year Comparison

	2022	2021	Change
Revenue	$281,456	$260,343	+0.1%
Expenses	$242,886	$232,295	+0.0%
Net Income	$38,570	$28,048	+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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY RADZAK	CHAIRMAN/TRUSTEE	1.00	Director	$0	$0	$0
CHAD WARD	TRUSTEE	1.00	Director	$0	$0	$0
JEFF DIEDE	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT KROONA	TRUSTEE	1.00	Director	$0	$0	$0
VIRGIL CHRISTOFFERSEN	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
JEFF OVESON	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
SHANE BLOCK	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
RICH FREDRICK	ALTERNATE TRUSTEE - PAST	1.00	Director	$0	$0	$0
CHAD LUDWIG	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
STEVE SAUER	SECRETARY/TRUSTEE - PAST	1.00	Director	$0	$0	$0
JEFF ZAHN	SECRETARY	1.00	Director	$0	$0	$0
CHAD NELSON	TRUSTEE	1.00	Director	$0	$0	$0
LAURA ZIEGLER	TRUSTEE	1.00	Director	$0	$0	$0
JASON ZINS	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW ERICHSON	ALTERNATE TRUSTEE	1.00	Director	$0	$0	$0
NICK JOHNSON	ALTERNATE TRUSTEE	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
2024	No data	No data	No data	No data
2023	$281,456	$242,886	$783,831	$38,570
2022	$260,343	$232,295	$754,968	$28,048
2021	$366,666	$224,910	$719,281	$141,756
2020	$221,838	$191,540	$581,895	$30,298
2019	$246,199	$238,811	$553,062	$7,388
2018	$219,590	$219,955	$539,200	$-365

TEAMSTERS CONSTRUCTION DIVISION EDUCATION & TRAINING FUND OF MINNESOTA