INTERNATIONAL TRAINING INSTITUTE FOR THE SHEET METAL & AC IND STAFF RET FUND (EIN 541964506) - 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

1999

Legal Domicile

Principal Officer

DANIEL MCCALLUM

Phone

7037397200

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL TRAINING INSTITUTE FOR THE SHEET METAL & AC IND STAFF RET FUND, founded in 1999, is a community nonprofit in the Mutual Benefit sector that reported $6.2M in total revenue in fiscal year 2018. Revenue surged 352% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.8M, a strong 94% operating margin.

Mission

TO PROVIDE HEALTH BENEFITS FOR RETIRED EMPLOYEES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $287,048

Investment Income $940,170

Other Revenue $0

TOTAL REVENUE $1,227,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $76,124

TOTAL EXPENSES $545,028

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,227,218	$766,609	+0.6%
Expenses	$545,028	$573,146	0.0%
Net Income	$682,190	$193,463	+2.5%

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

$361,856

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COLEMAN	TRUSTEE	1.00	Director	$0	$0	$0
MATT CRAMER	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH SELLERS	(FORMER) TRUSTEE	1.00	Director	$0	$0	$0
RANDY NOVAK	(FORMER) TRUSTEE	1.00	Director	$0	$0	$0
DANIEL MCCALLUM	ADMINISTRATOR	1.00	Officer	$0	$89,235	$361,856

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	$1,227,218	$545,028	$16,423,527	$682,190
2022	$766,609	$573,146	$14,279,201	$193,463
2021	$1,487,923	$427,222	$17,362,625	$1,060,701
2020	$1,004,343	$378,977	$15,422,858	$625,366
2019	$830,964	$372,714	$13,024,900	$458,250
2018	$6,170,454	$350,089	$10,843,831	$5,820,365

INTERNATIONAL TRAINING INSTITUTE FOR THE SHEET METAL & AC IND STAFF RET FUND