OPERATING ENGINEERS LOCAL 474 JOINT APPRENTICESHIP TRUST FUND (EIN 580202020) - 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

1975

Legal Domicile

Principal Officer

DAVID ALLEN BRASWELL

Phone

6158590131

Tax Period

2024-07-01 to 2025-06-30

OPERATING ENGINEERS LOCAL 474 JOINT APPRENTICESHIP TRUST FUND, founded in 1975, is a small nonprofit that reported $301K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $373K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE EDUCATION AND TRAINING TO OPERATING ENGINEERS.

🔒

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 $248,822

Investment Income $51,624

Other Revenue $84

TOTAL REVENUE $300,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,628

Fundraising Expenses $0

Other Expenses $150,429

TOTAL EXPENSES $373,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$300,530	$320,901	-0.1%
Expenses	$373,057	$334,326	+0.1%
Net Income	$-72,527	$-13,425	+4.4%

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
MATTHEW BENNETT	TRUSTEE	2.00	Director	$0	$0	$0
JAMES L BOYKIN	TRUSTEE	2.00	Director	$0	$0	$0
DAVID ALLEN BRASWELL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
MICHAEL BUTLER	TRUSTEE	2.00	Director	$0	$0	$0
CHRIS ROWLAND	SECRETARY	2.00	Officer Director	$0	$0	$0
KRIS SKINNER	TRUSTEE	2.00	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	$300,530	$373,057	$2,305,976	$-72,527
2024	$320,901	$334,326	$2,445,723	$-13,425
2023	$406,374	$339,554	$2,549,960	$66,820
2022	$527,687	$425,153	$2,554,144	$102,534
2021	$602,736	$446,834	$2,450,083	$155,902
2020	$723,762	$448,836	$2,297,554	$274,926
2019	$671,874	$463,021	$2,031,440	$208,853
2018	$593,214	$435,079	$1,817,976	$158,135

OPERATING ENGINEERS LOCAL 474 JOINT APPRENTICESHIP TRUST FUND