COASTAL OPERATING ENGINEERS LOCAL NO 653 APPRENCTICESHIP AND TRAINING FUND (EIN 630804416) - 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

2006

Legal Domicile

Principal Officer

MATT STRINGER

Phone

2514384765

Tax Period

2023-01-01 to 2023-12-31

COASTAL OPER ENG LOCAL No653 APP & TRAN FUND, founded in 2006, is a small nonprofit that reported $302K in total revenue in fiscal year 2018. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 42% operating margin.

Mission

TRAINING FOR LOCAL 653 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $266,638

Investment Income $151

Other Revenue $0

TOTAL REVENUE $266,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,402

Fundraising Expenses $0

Program Expenses $206,371

Other Expenses $72,969

TOTAL EXPENSES $206,371

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,789	$248,205	+0.1%
Expenses	$206,371	$196,855	+0.0%
Net Income	$60,418	$51,350	+0.2%

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

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
ALLEN STEADHAM	LABOR TRUSTEE	5.00	Director	$0	$0	$0
JR SIMISON	LABOR TRUSTEE	5.00	Director	$0	$0	$0
LEE BAILEY	MANAGEMENT TRUSTEE	5.00	Director	$0	$0	$0
LOU LARTIGUE	MANAGEMENT TRUSTEE	5.00	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	No data	No data	No data	No data
2023	$266,789	$206,371	$456,853	$60,418
2022	$248,205	$196,855	$396,930	$51,350
2021	$155,742	$207,159	$344,850	$-51,417
2020	$115,204	$197,079	$397,116	$-81,875
2019	$259,092	$194,751	$479,021	$64,341
2018	$301,889	$175,888	$414,067	$126,001

COASTAL OPERATING ENGINEERS LOCAL NO 653 APPRENCTICESHIP AND TRAINING FUND