MONROE PIPE TRADES JOINT APPRENT (EIN 721013796) - 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

1978

Legal Domicile

Principal Officer

MICHAEL HALE

Phone

3183224520

Tax Period

2023-01-01 to 2023-12-31

MONROE PIPE TRADES JOINT APPRENT, founded in 1978, is a small nonprofit that reported $369K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $161K, a strong 44% operating margin.

Mission

TRAINING AND EDUCATION OF PLUMBERS AND STEAMFITTERS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $343,880

Investment Income $4,425

Other Revenue $20,591

TOTAL REVENUE $368,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,332

Fundraising Expenses $0

Program Expenses $166,115

Other Expenses $178,900

TOTAL EXPENSES $208,232

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,896	$247,703	+0.5%
Expenses	$208,232	$149,305	+0.4%
Net Income	$160,664	$98,398	+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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BYRNES	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL HALE	CHAIRMAN	1.00	Director	$0	$0	$0
MICHAEL JOINER	TRUSTEE	1.00	Director	$0	$0	$0
CHAD PATTON	TRUSTEE	1.00	Director	$0	$0	$0
SHANE WARE	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
2024	No data	No data	No data	No data
2023	$368,896	$208,232	$1,011,968	$160,664
2022	$247,703	$149,305	$851,355	$98,398
2021	$175,004	$104,868	$751,775	$70,136
2020	$135,809	$96,173	$681,639	$39,636
2019	$165,761	$110,395	$642,003	$55,366
2018	$167,316	$128,722	$586,636	$38,594

MONROE PIPE TRADES JOINT APPRENT