BOGALUSA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST (EIN 720844243) - 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

1958

Legal Domicile

Principal Officer

Rickey Kastner

Phone

5047339370

Tax Period

2023-01-01 to 2023-12-31

BOGALUSA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST, founded in 1958, is a micro nonprofit that reported $51K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 54% operating margin.

Mission

Oversee and monitor the standards for training, including: length of training; selection procedure; wages; and number of apprentices to be trained. Make sure that all federal and state requirements are addressed. Hire teachers and place students in the appropriate class level. Keep up the book and online classes for students.

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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 $53,805

Investment Income $633

Other Revenue $-3,926

TOTAL REVENUE $50,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,903

Fundraising Expenses $0

Program Expenses $23,302

Other Expenses $5,399

TOTAL EXPENSES $23,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,512	$40,403	+0.3%
Expenses	$23,302	$28,693	-0.2%
Net Income	$27,210	$11,710	+1.3%

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

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
Rickey Kastner SR	Program Director	7.5	Highest	$8,100	$0	$8,100
Mickey Fortenberry	Board Member	2	Officer	$0	$0	$0
Shawn Martinez	Board Member	2	Officer	$0	$0	$0
Dustin Fitch	Board Member	2	Officer	$0	$0	$0
Andrew Nevers	Board Member	2	Officer	$0	$0	$0
Rickey Kastner JR	Board Member	2	Officer	$0	$0	$0
Chason Stogner	Secratary	2	Officer	$0	$0	$0
Mark McCrory	Secratary	2	Officer	$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
2023	$50,512	$23,302	$140,604	$27,210
2022	$40,403	$28,693	$110,975	$11,710
2021	$27,746	$36,906	$95,972	$-9,160
2020	$38,552	$29,370	$107,697	$9,182

BOGALUSA ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST