IBEW LOCAL NO 252 APPRENTICE SCHOOL FUND (EIN 510149310) - 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

1974

Legal Domicile

Principal Officer

RICK PLISKO

Phone

7344240978

Tax Period

2023-06-01 to 2024-05-31

IBEW LOCAL NO 252 APPRENTICE SCHOOL FUND, founded in 1974, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 11% surplus.

Mission

APPRENTICES ARE PAID BY THE EMPLOYERS FOR "WORKING" WHILE THEY ARE LEARNING. THE APPRENTICE SCHOOL FUND WAS SET UP TO REIMBURSE THE EMPLOYER FOR THE WAGES THEY PAY TO THE APPRENTICES WHILE IN SCHOOL.

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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 $1,242,010

Program Service Revenue $0

Investment Income $51,229

Other Revenue $0

TOTAL REVENUE $1,293,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,128,372

Other Expenses $1,149,603

TOTAL EXPENSES $1,149,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,293,239	$743,146	+0.7%
Expenses	$1,149,603	$826,272	+0.4%
Net Income	$143,636	$-83,126	-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

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
JEFF BURDICK	TRUSTEE	N/A	Director	$0	$0	$0
JAKE CHURCH	TRUSTEE	N/A	Director	$0	$0	$0
GEOFFREY MORNING	TRUSTEE	N/A	Director	$0	$0	$0
RICK PLISKO	CHAIRMAN	N/A	Officer Director	$0	$0	$0
TRAVIS STACHLEWITZ	TRUSTEE	N/A	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	No data	No data	No data	No data
2024	$1,293,239	$1,149,603	$1,247,292	$143,636
2023	$743,146	$826,272	$1,033,756	$-83,126
2022	$782,978	$657,068	$1,136,439	$125,910
2021	$623,991	$888,918	$1,297,575	$-264,927
2020	$699,523	$917,809	$1,329,986	$-218,286
2019	$698,163	$868,685	$1,586,293	$-170,522

IBEW LOCAL NO 252 APPRENTICE SCHOOL FUND