PLASTERERS & CEMENT MASONS LOCAL 148 JOINT APPRENTICESHIP FUND (EIN 582057437) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1993

Legal Domicile

Principal Officer

JAMES M WILKERSON

Phone

8008314914

Tax Period

2023-01-01 to 2023-12-31

PLASTERERS & CEMENT MASONS LOCAL 148 JOINT APPRENTICESHIP FUND, founded in 1993, is a micro nonprofit that reported $93K in total revenue in fiscal year 2021. The organization ran a surplus of $72K, a strong 78% operating margin.

Mission

THE FUND WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING AND MAINTAINING TRAINING FOR APPRENTICES ENGAGED IN THE CEMENT MASONS AND PLASTERING TRADE.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $129,124

Investment Income $29,294

Other Revenue $0

TOTAL REVENUE $158,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $30,784

TOTAL EXPENSES $30,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,418	$95,968	+0.7%
Expenses	$30,784	$22,140	+0.4%
Net Income	$127,634	$73,828	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES WILKERSON	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
BRETT HAWLEY	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
OSCAR COLEMAN III	UNION TRUSTEE	2.00	Director	$0	$0	$0
CHRIS WOMACK	UNION TRUSTEE	2.00	Director	$0	$0	$0
WAYNE LAFFITE	UNION TRUSTEE (P)	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
2024	No data	No data	No data	No data
2023	$158,418	$30,784	$1,001,570	$127,634
2022	$95,968	$22,140	$604,321	$73,828
2021	$92,649	$20,205	$525,529	$72,444

PLASTERERS & CEMENT MASONS LOCAL 148 JOINT APPRENTICESHIP FUND