CHARLESTON ELECTRICAL TRAINING ALLIANCE 776 LOCAL UNION (EIN 570517034) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1946

Legal Domicile

Principal Officer

STEVE LIPSTER

Phone

8435541080

Tax Period

2024-07-01 to 2025-06-30

CHARLESTON ELECTRICAL TRAINING ALLIANCE 776 LOCAL UNION, founded in 1946, is a small nonprofit in the Employment sector that reported $978K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $150K, a strong 15% operating margin.

Mission

TO PROVIDE TRAINING FOR THE APPRENTICES IN SCHOOL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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 $970,537

Investment Income $7,042

Other Revenue $0

TOTAL REVENUE $977,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,357

Fundraising Expenses $0

Other Expenses $598,732

TOTAL EXPENSES $827,089

Year-over-Year Comparison

	2024	2023	Change
Revenue	$977,579	$497,402	+1.0%
Expenses	$827,089	$632,052	+0.3%
Net Income	$150,490	$-134,650	-2.1%

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
N/A	TRUSTEE	002.00	Director	$0	$0	$0
N/A	TRUSTEE	002.00	Director	$0	$0	$0
N/A	TRUSTEE	002.00	Director	$0	$0	$0
N/A	TRUSTEE	002.00	Director	$0	$0	$0
N/A	TRUSTEE	002.00	Director	$0	$0	$0
N/A	TRUSTEE	002.00	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
2025	$977,579	$827,089	$796,266	$150,490
2024	$497,402	$632,052	$693,965	$-134,650
2019	$792,790	$714,530	$1,168,638	$78,260
2018	$531,089	$348,534	$1,090,377	$182,555

CHARLESTON ELECTRICAL TRAINING ALLIANCE 776 LOCAL UNION