UMWA BCOA TRAINING AND EDUCATION TRUST (EIN 521599698) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

JERRY D JONES

Phone

7034459630

Tax Period

2024-02-01 to 2025-01-31

UMWA BCOA TRAINING AND EDUCATION TRUST, founded in 1988, is a small nonprofit that reported $244K in total revenue in fiscal year 2018. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $393K exceeded revenue, resulting in a 61% operating deficit.

Mission

To provide financial assistance for training and education for unemployed UMWA and NBCWA workers and their family members under a collective bargaining agreement.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $501,487

Other Revenue $0

TOTAL REVENUE $501,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,000

Fundraising Expenses $0

Other Expenses $404,356

TOTAL EXPENSES $1,054,962

Year-over-Year Comparison

	2024	2023	Change
Revenue	$501,487	$326,001	+0.5%
Expenses	$1,054,962	$517,338	+1.0%
Net Income	$-553,475	$-191,337	+1.9%

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

N/A

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

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY D JONES	CHAIRMAN/UNION TRUSTEE	5.0	Director	$25,000	$0	$25,000
THOMAS C MEANS	EMPLOYER TRUSTEE	5.0	Director	$25,000	$0	$25,000

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	$501,487	$1,054,962	$5,774,964	$-553,475
2024	$326,001	$517,338	$6,113,042	$-191,337
2023	$361,466	$543,133	$6,110,372	$-181,667
2022	$366,448	$361,650	$7,116,570	$4,798
2021	$435,793	$327,813	$6,845,898	$107,980
2020	$389,230	$432,816	$6,218,462	$-43,586
2019	$243,909	$393,233	$5,867,357	$-149,324

UMWA BCOA TRAINING AND EDUCATION TRUST