PLUMBERS & PIPEFITTERS LOCAL 123 APPRENTICESHIP TRAINING TRUST (EIN 592314899) - 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

1966

Legal Domicile

Principal Officer

KARLA O'BERRY-BOATRIGHT

Phone

9045380100

Tax Period

2023-09-01 to 2024-08-31

PLUMBERS & PIPEFITTERS LOCAL 123 APPRENTICESHIP TRAINING TRUST, founded in 1966, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

APPRENTICE TRAINING

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $166,774

Program Service Revenue $848,683

Investment Income $10,930

Other Revenue $916

TOTAL REVENUE $1,027,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $568,401

Fundraising Expenses $0

Other Expenses $443,959

TOTAL EXPENSES $1,012,360

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,027,303	$880,232	+0.2%
Expenses	$1,012,360	$848,579	+0.2%
Net Income	$14,943	$31,653	-0.5%

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

$156,759

Total Directors

$9,989

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE MIDDLETON	TRAINING COORDINATOR	40.00	Officer	$100,945	$55,814	$156,759
MARK VIGGIANO	TRUSTEE / ASST TRAINING COORDINATOR	35.00	Director	$9,989	$0	$9,989
RICHARD CRANKER	TRUSTEE	2.00	Director	$0	$0	$0
KARLA O'BERRY BOATRIGHT	TRUSTEE	2.00	Director	$0	$0	$0
SALVADOR CORRAL	TRUSTEE	2.00	Director	$0	$0	$0
CLIFFORD MAY	TRUSTEE - PAST	2.00	Director	$0	$0	$0
DAVID BUSHEA	TRUSTEE	2.00	Director	$0	$0	$0
CRAIG CALLEY	TRUSTEE	2.00	Director	$0	$0	$0
JEROMY HARRIS	TRUSTEE	2.00	Director	$0	$0	$0
PAUL MORSE	TRUSTEE	2.00	Director	$0	$0	$0
ERIC ACKERMAN	TRUSTEE - PAST	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	$1,027,303	$1,012,360	$707,141	$14,943
2023	$880,232	$848,579	$802,526	$31,653
2022	$729,496	$745,750	$744,323	$-16,254
2021	$771,630	$702,899	$750,056	$68,731
2020	$708,698	$674,042	$725,524	$34,656
2019	$811,736	$703,275	$658,635	$108,461
2018	$933,536	$808,949	$539,130	$124,587

PLUMBERS & PIPEFITTERS LOCAL 123 APPRENTICESHIP TRAINING TRUST