IBEW-NECA JOINT APPRENTICESHIP TRAINING TRUST FUND (EIN 640535585) - 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

1971

Legal Domicile

Principal Officer

JASON STRINGER

Phone

6013724650

Tax Period

2024-07-01 to 2025-06-30

IBEW-NECA JOINT APPRENTICESHIP TRAINING TRUST FUND, founded in 1971, is a small nonprofit that reported $259K in total revenue in fiscal year 2024. Expenses of $249K left a modest 4% surplus.

Mission

TRAINING ELECTRICAL APPRENTICES AND JOURNEYMEN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $250,865

Investment Income $7,320

Other Revenue $1,100

TOTAL REVENUE $259,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,332

Fundraising Expenses $0

Other Expenses $112,538

TOTAL EXPENSES $248,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,285	$245,888	+0.1%
Expenses	$248,870	$225,090	+0.1%
Net Income	$10,415	$20,798	-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

$116,124

Total Directors

$236,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C JIM STEPHENS	TRAINING DIR	40.00	Officer	$93,328	$22,796	$116,124
REED NELSON	TRUSTEE	1.00	Director	$0	$0	$0
MIKE RUSSUM	TRUSTEE	1.00	Director	$0	$0	$0
R BRAD WALLACE	TRUSTEE	1.00	Director	$0	$22,775	$117,676
MIKE MORGAN	TRUSTEE	1.00	Director	$0	$22,775	$118,324
JOHN FORTENBERRY	TRUSTEE	1.00	Director	$0	$0	$0
JASON STRINGER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DAVID KELLY	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS FOUNTAIN	TRUSTEE	1.00	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
2025	$259,285	$248,870	$278,343	$10,415
2024	No data	No data	No data	No data
2023	$221,428	$226,203	$248,886	$-4,775
2022	$224,145	$207,180	$253,675	$16,965
2021	$201,397	$215,769	$236,811	$-14,372
2020	$260,366	$209,357	$249,852	$51,009

IBEW-NECA JOINT APPRENTICESHIP TRAINING TRUST FUND