OPERATING ENGINEERS LOCAL NO 917 APPRENTICESHIP & TRAINING FUND (EIN 621023203) - 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

1976

Legal Domicile

Principal Officer

DAVID RHEA

Phone

6158590131

Tax Period

2023-11-01 to 2024-10-31

OPERATING ENGINEERS LOCAL NO 917 APPRENTICESHIP & TRAINING FUND, founded in 1976, is a small nonprofit that reported $564K in total revenue in fiscal year 2023. The organization ran a surplus of $224K, a strong 40% operating margin.

Mission

TRAINING OPERATING ENGINEERS.

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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 $0

Program Service Revenue $530,151

Investment Income $14,198

Other Revenue $19,800

TOTAL REVENUE $564,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $340,054

TOTAL EXPENSES $340,054

Year-over-Year Comparison

	2023	2022	Change
Revenue	$564,149	$584,105	0.0%
Expenses	$340,054	$322,129	+0.1%
Net Income	$224,095	$261,976	-0.1%

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

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 CORUM	TRUSTEE	2.00	Director	$0	$0	$0
DAVID RHEA	CHAIRMAN	2.00	Officer Director	$0	$0	$0
MELVIN J SCHUSTER	SECRETARY	2.00	Officer Director	$0	$0	$0
JOHN D TAYLOR	TRUSTEE	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	$564,149	$340,054	$1,894,113	$224,095
2023	$584,105	$322,129	$1,671,763	$261,976
2022	$530,761	$376,402	$1,410,793	$154,359
2021	$469,587	$291,783	$1,253,436	$177,804
2020	$409,821	$319,199	$1,075,745	$90,622
2019	$333,711	$321,966	$983,115	$11,745
2018	$291,512	$306,816	$963,826	$-15,304

OPERATING ENGINEERS LOCAL NO 917 APPRENTICESHIP & TRAINING FUND