IATSE Local 16 Training Trust Fund (EIN 616335362) - 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

2007

Legal Domicile

Principal Officer

JAMES BEAUMONTE

Phone

4154416400

Tax Period

2023-01-01 to 2023-12-31

IATSE Local 16 Training Trust Fund, founded in 2007, is a small nonprofit in the Mutual Benefit sector that reported $491K in total revenue in fiscal year 2023. The organization ran a surplus of $107K, a strong 22% operating margin.

Mission

TO PROVIDE EDUCATION & TRAINING TO THOSE WORKING UNDER LOCAL 16 COLLECTIVE BARGAINING AGREEMENTS.

🔒

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 $0

Program Service Revenue $457,327

Investment Income $30,350

Other Revenue $3,168

TOTAL REVENUE $490,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $383,354

TOTAL EXPENSES $383,354

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,845	$495,797	0.0%
Expenses	$383,354	$341,065	+0.1%
Net Income	$107,491	$154,732	-0.3%

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

N/A

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
Mary Conde	Trustee	0.1	Director	$0	$0	$0
Steve Lutge	Trustee - TERM 03/2023	0.1	Director	$0	$0	$0
JAMES BEAUMONTE	TRUSTEE	0.1	Director	$0	$0	$0
RAINIER KOENERS	TRUSTEE	0.1	Director	$0	$0	$0
Andrew Bennett	TRUSTEE - EFF 03/2023	0.1	Director	$0	$0	$0
SEE SCHEDULE O FOR COMPENSATION	PAID BY RELATED ORGANIZATIONS	0.0	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	$490,845	$383,354	$1,410,131	$107,491
2022	$495,797	$341,065	$1,286,404	$154,732
2021	$201,119	$325,913	$1,133,511	$-124,794
2020	$207,910	$349,351	$1,255,108	$-141,441
2019	$546,624	$390,875	$1,412,873	$155,749
2018	$480,892	$348,023	$1,247,983	$132,869

IATSE Local 16 Training Trust Fund