Broward County Plumbers and Pipifi… - 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

1936

Legal Domicile

Principal Officer

Anthony Salgado

Tax Period

2023-07-01 to 2024-06-30

Broward County Plumbers and Pipifitters Joint Apprenticeship and Training T, founded in 1936, is a small nonprofit that reported $384K in total revenue in fiscal year 2023. Net assets of $849K represent 27 months of operating reserves.

Mission

The Fund provides education and training to apprentices and journeymen as provided by the collective bargaining agreement.

Program Service Accomplishments

Program 1

Expenses: $388,198

Education and training benefits

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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 $217,884

Program Service Revenue $139,896

Investment Income $9,998

Other Revenue $16,634

TOTAL REVENUE $384,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $219,479

Fundraising Expenses $0

Program Expenses $388,198

Other Expenses $168,719

TOTAL EXPENSES $388,198

Year-over-Year Comparison

	2023	2022	Change
Revenue	$384,412	$382,457	+0.0%
Expenses	$388,198	$355,650	+0.1%
Net Income	$-3,786	$26,807	-1.1%

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
Cary L Bauer	Employer Trustee	002.00	Director	$0	$0	$0
Ronald J Krapta	Employer Trustee	002.00	Director	$0	$0	$0
Theodore S Hasle	Employer Trustee	002.00	Director	$0	$0	$0
William J Brooks	Union Trustee	002.00	Director	$0	$0	$0
Stanley B Hayslip	Union Trustee	002.00	Director	$0	$0	$0
John D Harris	Union Trustee	002.00	Director	$0	$0	$0
Anthony Salgado	Director	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	No data	No data	No data	No data
2024	$384,412	$388,198	$857,291	$-3,786
2023	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$349,675	$333,138	$825,485	$16,537
2021	$367,184	$258,974	$808,948	$108,210
2020	No data	$3,679	$574,491	No data
2019	$427,212	$291,630	$578,170	$135,582
2018	$441,716	$292,416	$442,588	$149,300

Broward County Plumbers and Pipifitters Joint Apprenticeship and Training T