FINISHING TRADES INSTITUTE OF DISTRICT COUNCIL 10

EIN: 760497163 501(c)(3) Education

HOUSTON, TX

Total Revenue
$902,076
Total Expenses
$915,897
Total Assets
$3,218,598
Net Assets
$2,302,352
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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
2004
Legal Domicile
TX
Principal Officer
CLARENCE FLEETWOOD JR
Phone
2819318489
Tax Period
2023-01-01 to 2023-12-31

FINISHING TRADES INSTITUTE OF DISTRICT COUNCIL 10, founded in 2004, is a small nonprofit in the Education sector that reported $902K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $2.3M represent 31 months of operating reserves.

Mission

TRAINING AND EDUCATION OF APPRENTICES AND JOURNEYMEN IN PAINTING, GLAZING AND ALLIED TRADES INDUSTRY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $884,694
Investment Income $17,382
Other Revenue $0
TOTAL REVENUE $902,076

Expense Breakdown

Grants Paid $0
Salaries & Benefits $397,886
Fundraising Expenses $0
Program Expenses $700,865
Other Expenses $518,011
TOTAL EXPENSES $915,897

Year-over-Year Comparison

2023 2022 Change
Revenue $902,076 $1,088,904 -0.2%
Expenses $915,897 $662,727 +0.4%
Net Income $-13,821 $426,177 -1.0%
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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Governance

Voting Members
8
Independent Members
8
Employees
14
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
0
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC PORTER LABOR TRUSTEE (P) 2.00
Director
$0 $0 $0
ROBERT AUBERT LABOR TRUSTEE (P) 2.00
Director
$0 $0 $0
JENNIFER HERNANDEZ LABOR TRUSTEE (P) 2.00
Director
$0 $0 $0
MELISSA SANCHEZ LABOR TRUSTEE (P) 2.00
Director
$0 $0 $0
JOHN MCGEE MGMT TRUSTEE (P) 2.00
Director
$0 $0 $0
JR SHUGART MGMT TRUSTEE (P) 2.00
Director
$0 $0 $0
TRISHA FRANK MGMT TRUSTEE (P) 2.00
Director
$0 $0 $0
KEVIN O'BRIEN MGMT TRUSTEE (P) 2.00
Director
$0 $0 $0
DANA DEGEORGE MGMT TRUSTEE 2.00
Director
$0 $0 $0
RYAN MCDONALD MGMT TRUSTEE 2.00
Director
$0 $0 $0
SCOTT WILHITE MGMT TRUSTEE 2.00
Director
$0 $0 $0
DEVIN ALPHONSO MGMT TRUSTEE 2.00
Director
$0 $0 $0
CLARENCE FLEETWOOD LABOR TRUSTEE 2.00
Director
$0 $0 $0
JORGE SALAZAR LABOR TRUSTEE 2.00
Director
$0 $0 $0
ADEDYO CODRINGTON LABOR TRUSTEE 2.00
Director
$0 $0 $0
JOSE SALAZAR LABOR TRUSTEE 2.00
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 $902,076 $915,897 $3,218,598 $-13,821
2022 $1,088,904 $662,727 $2,368,859 $426,177
2021 $636,699 $569,144 $1,905,949 $67,555
2020 $793,910 $589,805 $1,879,618 $204,105
2019 $1,223,886 $726,567 $1,679,323 $497,319
2018 $727,804 $583,924 $1,233,960 $143,880
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