INTERNATIONAL BROTHERHOOD OF ELECT… - 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

1976

Legal Domicile

Principal Officer

TIM AKERS

Phone

3044293841

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS HUNTINGTON DIV TRAINING COMMTTEE, founded in 1976, is a small nonprofit that reported $612K in total revenue in fiscal year 2024. The organization ran a surplus of $96K, a strong 16% operating margin.

Mission

TO PROVIDE AN APPRENTICESHIP PROGRAM FOR ASPIRING ELECTRICAL WORKERS. THROUGH INSTRUCTION AND TRAINING, THE STUDENTS DEVELOP SKILLS TO BECOME ELECTRICIANS.

Program Service Accomplishments

Program 1

Expenses: $340,742

THE ORGANIZATION PROVIDED AN APPRENTICESHIP PROGRAM AND TRAINING TO ASPIRING ELECTRICAL WORKERS.

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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 $0

Program Service Revenue $580,522

Investment Income $31,017

Other Revenue $0

TOTAL REVENUE $611,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $317,684

Fundraising Expenses $0

Program Expenses $340,742

Other Expenses $198,350

TOTAL EXPENSES $516,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$611,539	$578,755	+0.1%
Expenses	$516,034	$484,844	+0.1%
Net Income	$95,505	$93,911	+0.0%

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

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

$127,358

Total Directors

$27,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT SIMMS	CHAIRMAN	10.00	Officer Director	$0	$0	$0
JERRY JENKINS	SECRETARY	10.00	Officer Director	$3,008	$0	$3,008
STEPHEN STACKS	TRUSTEE	2.50	Director	$0	$0	$0
CLAY MITCHELL	TRUSTEE	2.50	Director	$24,552	$0	$24,552
JOSH BILLS	TRUSTEE	2.50	Director	$0	$0	$0
TOM BRALEY	TRUSTEE	2.50	Director	$0	$0	$0
TIM AKERS	DIRECTOR	40.00	Officer	$124,350	$0	$124,350

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	$611,539	$516,034	$1,112,108	$95,505
2024	$578,755	$484,844	$978,938	$93,911
2023	$583,442	$415,839	$897,757	$167,603
2022	$463,002	$365,074	$678,557	$97,928
2021	$437,353	$388,775	$580,397	$48,578

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS HUNTINGTON DIV TRAINING COMMTTEE