INT'L ASSOC OF HEAT & FROST INSULATORS L78 JOINT APPRENTICESHIP (EIN 630673570) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1970

Legal Domicile

Principal Officer

JUSTIN WALKER

Phone

2059568101

Tax Period

2024-01-01 to 2024-12-31

INT'L ASSOC OF HEAT & FROST INSULATORS L78 JOINT APPRENTICESHIP, founded in 1970, is a small nonprofit that reported $288K in total revenue in fiscal year 2018. The organization ran a surplus of $69K, a strong 24% operating margin.

Mission

TO PROVIDE CLASSROOM AND HANDS-ON TRAINING AND REGULATION UPDATES FOR ITS MEMBERS & APPRENTICESHIP STUDENTS WHO ARE MEMBERS OR ARE POTENTIAL MEMBERS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $88,718

Program Service Revenue $191,406

Investment Income $0

Other Revenue $1,082

TOTAL REVENUE $281,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,761

Fundraising Expenses $0

Other Expenses $134,719

TOTAL EXPENSES $295,480

Year-over-Year Comparison

	2024	2023	Change
Revenue	$281,206	$262,599	+0.1%
Expenses	$295,480	$296,591	0.0%
Net Income	$-14,274	$-33,992	-0.6%

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

$130,528

Total Directors

$135,566

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN WALKER	APPRENTICESH	40.00	Officer Director	$77,783	$52,745	$130,528
REID SHORT	TRUSTEE	2.00	Director	$4,726	$0	$4,726
PAUL WARREN	TRUSTEE - PA	2.00	Director	$312	$0	$312
JASON KELLEY	TRUSTEE	2.00	Director	$0	$0	$0
RUSSELL KILLEN	TRUSTEE	2.00	Director	$0	$0	$0
CHRIS KUGLAR	TRUSTEE - PA	2.00	Director	$0	$0	$0
TREVOR MORGAN	TRUSTEE	2.00	Director	$0	$0	$0
JACOB STANLEY	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	$281,206	$295,480	$618,423	$-14,274
2023	$262,599	$296,591	$601,338	$-33,992
2022	$269,786	$260,447	$635,645	$9,339
2021	$252,900	$259,008	$626,385	$-6,108
2020	$257,466	$202,079	$631,333	$55,387
2019	$264,998	$252,123	$577,176	$12,875
2018	$288,142	$219,237	$567,316	$68,905

INT'L ASSOC OF HEAT & FROST INSULATORS L78 JOINT APPRENTICESHIP