Jacksonville PLumbers & Pipefitters Joint Apprenticeship & Training Trust (EIN 590915371) - Form 990 Financial Analysis & Trantor Score

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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

1957

Legal Domicile

Principal Officer

Kirk Barras

Phone

9047812112

Tax Period

2023-07-01 to 2024-06-30

Jacksonville PLumbers & Pipefitters Joint Apprenticeship & Training Trust, founded in 1957, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023.

Mission

The fund provides education and training to apprentices and journeyman as provided by the collective bargaining agreement.

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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 (2023)

Revenue Breakdown

Contributions & Grants $895,685

Program Service Revenue $1,852,889

Investment Income $-56,412

Other Revenue $146,025

TOTAL REVENUE $2,838,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,355,999

Fundraising Expenses $0

Program Expenses $2,796,828

Other Expenses $1,440,829

TOTAL EXPENSES $2,796,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,838,187	$2,653,212	+0.1%
Expenses	$2,796,828	$2,094,318	+0.3%
Net Income	$41,359	$558,894	-0.9%

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

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
Larry Turknett	Management Trustee	N/A	Director	$0	$0	$0
Troy Carver	Chairman	N/A	Director	$0	$0	$0
Terry Shepard	Management Trustee	N/A	Director	$0	$0	$0
Ronnie Creel	Management Trustee	N/A	Director	$0	$0	$0
Paul Jones	Vice Chairman	N/A	Director	$0	$0	$0
Ronny Andrews	Labor Trustee	N/A	Director	$0	$0	$0
Grenville Beattie	Labor Trustee	N/A	Director	$0	$0	$0
Larry ONeal	Labor Trustee	N/A	Director	$0	$0	$0
Valerie Day	Labor Trustee	N/A	Director	$0	$0	$0
Nathan Hartley	Labor Trustee	N/A	Director	$0	$0	$0
Kirk D Barras	Excecutive Director	040.00	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	No data	No data	No data	No data
2024	$2,838,187	$2,796,828	$5,625,830	$41,359
2023	$2,653,212	$2,094,318	$5,584,471	$558,894
2022	$2,293,989	$1,815,683	$5,025,577	$478,306
2021	$2,123,583	$1,671,281	$4,547,271	$452,302

Jacksonville PLumbers & Pipefitters Joint Apprenticeship & Training Trust