Hampton Roads Electrical Joint Apprent & Training Trust fund (EIN 540899031) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

JEFF ROWE

Phone

7578751744

Tax Period

2024-09-01 to 2025-08-31

HAMPTON ROADS ELECTRICAL JOINT APPREN & TRAINING TRUST FUND, founded in 1972, is a small nonprofit in the Employment sector that reported $161K in total revenue in fiscal year 2017. Revenue decreased 18% compared to the prior year. Expenses of $206K exceeded revenue, resulting in a 29% operating deficit.

Mission

TRAINING ELECTRICAL APPRENTICES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $584,824

Investment Income $404

Other Revenue $49,590

TOTAL REVENUE $634,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $193,428

Fundraising Expenses $0

Program Expenses $405,558

Other Expenses $237,301

TOTAL EXPENSES $430,729

Year-over-Year Comparison

	2024	2023	Change
Revenue	$634,818	$473,472	+0.3%
Expenses	$430,729	$433,022	0.0%
Net Income	$204,089	$40,450	+4.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Gerald Dix	Director	40.00		$105,761	$33,012	$138,773
J Patrick O'Neal	Secretary	1.00	Director	$0	$0	$0
Tom Sherwin	Trustee	1.00	Director	$0	$0	$0
W ROBERT O'NEAL	Trustee	1.00	Director	$0	$0	$0
GREGORY ROGERS	Trustee	1.00	Director	$0	$0	$0
DANIEL SMOOK	Trustee	1.00	Director	$0	$0	$0
AARON WOODARD	Trustee	1.00	Director	$0	$0	$0
STEVE MURABITO	Trustee	1.00	Director	$0	$0	$0
JEFF ROWE	Chairman	1.00	Officer	$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	$634,818	$430,729	$348,451	$204,089
2024	$473,472	$433,022	$144,424	$40,450
2023	$407,557	$377,771	$104,808	$29,786
2022	$293,857	$274,830	$96,647	$19,027
2021	$249,564	$277,800	$63,971	$-28,236
2020	$200,240	$269,013	$109,561	$-68,773
2019	$164,090	$268,684	$160,916	$-104,594
2018	$160,538	$206,314	$258,567	$-45,776

Hampton Roads Electrical Joint Apprent & Training Trust fund