SCRANTON ELECTRICIANS JATC BUILDING INC (EIN 453452821) - 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

2011

Legal Domicile

Principal Officer

MICHAEL MCDERMOTT

Phone

5703445711

Tax Period

2023-01-01 to 2023-12-31

SCRANTON ELECTRICIANS JATC BUILDING INC, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $276K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $238K left a modest 14% surplus.

Mission

SCRANTON ELECTRICIANS JATC BUILDING, INC. OWNS A TRAINING BUILDING WHICH IS USED FOR THE TRAINING OF UNION ELECTRICIANS AND FUNDED BY ASSESSMENT OF UNION CONTRACTORS.

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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 $261,079

Program Service Revenue $0

Investment Income $15,362

Other Revenue $0

TOTAL REVENUE $276,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $238,405

TOTAL EXPENSES $238,405

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,441	$247,259	+0.1%
Expenses	$238,405	$261,939	-0.1%
Net Income	$38,036	$-14,680	-3.6%

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

N/A

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

$189,494

Total Directors

$479,285

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MCDERMOTT	CHAIRMAN	2.00	Officer Director	$0	$60,034	$189,494
TIMOTHY LEBER	SECRETARY	2.00	Officer Director	$0	$0	$0
EDWARD O'DONNELL	MEMBER	1.00	Director	$0	$47,838	$145,112
ERIC LEWIS	MEMBER	1.00	Director	$0	$0	$0
GERARD NICHOLS	MEMBER	1.00	Director	$0	$0	$0
NICHOLAS WAITULAVICH	MEMBER	1.00	Director	$0	$47,825	$144,679

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	$276,441	$238,405	$2,615,790	$38,036
2022	$247,259	$261,939	$2,677,749	$-14,680
2021	$297,383	$243,708	$2,766,637	$53,675
2020	$198,548	$233,167	$2,794,330	$-34,619
2019	$284,065	$254,562	$2,904,637	$29,503
2018	$379,426	$233,198	$3,235,353	$146,228

SCRANTON ELECTRICIANS JATC BUILDING INC