PARKERSBURG JOINT ELECTRICAL APPRE… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

LORNE MILLS

Phone

3044857412

Tax Period

2024-01-01 to 2024-12-31

PARKERSBURG JOINT ELECTRICAL APPRENTICESHIP & TRAINING COMMITTEE, founded in 1973, is a small nonprofit in the Employment sector that reported $290K in total revenue in fiscal year 2024. The organization ran a surplus of $68K, a strong 24% operating margin.

Mission

TO DEVELOP AND STANDARDIZE TRAINING AND EDUCATION FOR ELECTRICIANS

Program Service Accomplishments

Program 1

PROVIDING EDUCATION AND TRAINING IN REGARDS TO WORKMANSHIP AND SAFETY FOR UNION ELECTRICAL WORKERS IN THE PARKERSBURG AREA

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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 $55,000

Program Service Revenue $212,215

Investment Income $22,942

Other Revenue $10

TOTAL REVENUE $290,167

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,377

Fundraising Expenses $0

Program Expenses $173,531

Other Expenses $138,592

TOTAL EXPENSES $221,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,167	$293,084	0.0%
Expenses	$221,969	$181,056	+0.2%
Net Income	$68,198	$112,028	-0.4%

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

238

Independent Members

238

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
JASON BLUE	COMMITEE MEM	N/A	Director	$0	$0	$0
THOMAS LUKE CARPENTER	COMMITTEE ME	N/A	Director	$0	$0	$0
MARK DEEM	CHAIRMAN	N/A	Officer Director	$0	$0	$0
RANDLE HINKLE	COMMITTEE ME	N/A	Director	$0	$0	$0
LORNE MILLS	SECRETARY-TR	N/A	Officer Director	$0	$0	$0
MICHAEL SIGLER	COMMITTEE ME	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
2024	$290,167	$221,969	$818,175	$68,198
2023	$293,084	$181,056	$749,815	$112,028
2022	$184,550	$161,610	$636,456	$22,940
2021	$219,493	$151,115	$614,694	$68,378
2020	$212,485	$138,340	$545,969	$74,145
2019	$246,347	$138,859	$470,933	$107,488

PARKERSBURG JOINT ELECTRICAL APPRENTICESHIP & TRAINING COMMITTEE