PLUMBERS AND PIPEFITTERS UA LOCAL 551 VACATION SAVINGS FUND (EIN 453682322) - 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

CLINT WALKER

Phone

6189371363

Tax Period

2024-07-01 to 2025-06-30

PLUMBERS AND PIPEFITTERS UA LOCAL 551 VACATION SAVINGS FUND, founded in 2011, is a small nonprofit in the Mutual Benefit sector that reported $222K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $47K, a strong 21% operating margin.

Mission

PLUMBERS AND PIPEFITTERS UA LOCAL 551 COMPULSORY VACATION SAVINGS FUND FOR THE PURPOSE OF PROVIDING VACATION BENEFITS TO PERSONS REPRESENTED BY THE UNION AND COVERED BY THE COLLECTIVE BARGAINING AGREEMENT.

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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 $221,982

Investment Income $39

Other Revenue $0

TOTAL REVENUE $222,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,502

Other Expenses $0

TOTAL EXPENSES $175,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,021	$189,284	+0.2%
Expenses	$175,502	$176,751	0.0%
Net Income	$46,519	$12,533	+2.7%

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

Total Directors

$111,696

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BOLES	TRUSTEE	1.00	Director	$0	$0	$0
CLINT WALKER	TRUSTEE	1.00	Director	$0	$0	$111,696
JACOB SPEES	TRUSTEE	1.00	Director	$0	$0	$0
RODNEY MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
ROY ROSS	TRUSTEE	1.00	Director	$0	$0	$0
STEVE SHORT	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
2025	$222,021	$175,502	$216,889	$46,519
2024	$189,284	$176,751	$170,370	$12,533
2023	$186,161	$163,979	$157,837	$22,182
2022	$157,898	$158,459	$135,655	$-561
2021	$152,889	$116,615	$136,216	$36,274
2020	$142,470	$163,966	$99,942	$-21,496
2019	$179,457	$163,797	$121,438	$15,660
2018	$188,327	$202,703	$113,962	$-14,376

PLUMBERS AND PIPEFITTERS UA LOCAL 551 VACATION SAVINGS FUND