SUN VALLEY, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOCAL 18 IBEW-DWP JOINT TRAINING INSTITUTE, founded in 2002, is a micro nonprofit that reported $10K in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 18830% operating deficit.
The Joint Training Institute is an independent trust formed in collective bargaining between the Los Angeles Department of Water and Power and the International Brotherhood of Electrical Workers, Local 18 to improve the training opportunities for Local 18-represented employees working in critical jobs by reviewing and recommending the feasibility of and requirements for institutionalized preparatory and competency-based training and learning opportunities that will help create a flexible and skilled workforce committed to excellence in public service. PART VI, LINE 8B: The INSTITUTE does not have committees with authority to act on behalf of the governing body. PART VI, LINE 11B: Form 990 was provided to all trustees for review before it was filed. PART VI, LINE 12C: Every six months the policy is reviewed at a trustee meeting. PART VI, LINE 15A: The Los Angeles Department of Water and Power pays salaries directly to the executive director and to the administrators. The Institute reimburses the LOS ANGELES Department of Water and Power for the salaries. PART VI, LINE 15B: The INSTITUTE does not have other officers or key employees. PART VI, LINE 19: The INSTITUTE makes its governing documents and conflict-of-interest policy available for viewing at the INSTITUTE's office upon written request. PART XI, LINE 9: THE ASSETS, LIABILITIES AND NET ASSETS OF THE INSTITUTE WERE TRANSFERRED TO THE NEW FORMED ENTITY, JOINT SAFETY AND TRAINING INSTITUTE, ON JUNE 30, 2019 (EIN: 30-1161903). THE NET ASSETS TRANSFERRED AMOUNTED TO $8,691,912.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $10,083 | $207,112 | -1.0% |
| Expenses | $1,908,743 | $2,653,844 | -0.3% |
| Net Income | $-1,898,660 | $-2,446,732 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARTIN ADAMS | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| RICHARD HARASICK | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| ANDREW KENDALL | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| DAVID WRIGHT | EMPLOYER TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| BRIAN D'ARCY | UNION TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| GUS CORONA | UNION TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| EDDIE HERRERA | UNION TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| RAFAEL LOPEZ | UNION TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| MARTIN MARRUFO | UNION TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $10,083 | $1,908,743 | No data | $-1,898,660 |
| 2018 | $207,112 | $2,653,844 | $10,825,011 | $-2,446,732 |
Compare LOCAL 18 IBEW-DWP JOINT TRAINING INSTITUTE with other nonprofits in California and across the country.