Waco Electricians Area JATC Trust Fund (EIN 742021527) - 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

2000

Legal Domicile

Principal Officer

Craig Miller

Phone

2547543121

Tax Period

2023-01-01 to 2023-12-31

Waco Electricians Area JATC Trust Fund, founded in 2000, is a small nonprofit in the Education sector that reported $213K in total revenue in fiscal year 2023. The organization ran a surplus of $75K, a strong 35% operating margin.

Mission

The Waco Electrical Joint Apprenticeship and Training Training Trust Fund (the School) provides quality training to those interested in a career in the electrical industry. The School provides classroom training and on-the-job training.

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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 $40,199

Program Service Revenue $170,470

Investment Income $2,428

Other Revenue $158

TOTAL REVENUE $213,255

Expense Breakdown

Grants Paid $0

Salaries & Benefits $69,332

Fundraising Expenses $0

Program Expenses $132,047

Other Expenses $69,063

TOTAL EXPENSES $138,395

Year-over-Year Comparison

	2023	2022	Change
Revenue	$213,255	$205,801	+0.0%
Expenses	$138,395	$115,154	+0.2%
Net Income	$74,860	$90,647	-0.2%

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

N/A

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
Joel Cochren	Committee Memb.	1.00	Director	$0	$0	$0
Bobby Lopez	Committee Memb.	1.00	Director	$0	$0	$0
Jonathan Spence	Committee Memb.	1.00	Director	$0	$0	$0
Russell Brackeen	Committee Memb.	1.00	Director	$0	$0	$0
Brad Hensel	Chairman	1.00	Officer	$0	$0	$0
Craig Miller	Secretary	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$213,255	$138,395	$316,486	$74,860
2022	$205,801	$115,154	$240,250	$90,647

Waco Electricians Area JATC Trust Fund