IDAHO PIPE TRADES TRUST (EIN 826030679) - 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

1967

Legal Domicile

Principal Officer

WILLIAM MAGNUSON

Phone

2082881610

Tax Period

2024-06-01 to 2025-05-31

IDAHO PIPE TRADES TRUST, founded in 1967, is a mid-sized nonprofit that reported $14.5M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $16.3M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE H&W BENEFITS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,267,177

Investment Income $1,201,566

Other Revenue $0

TOTAL REVENUE $14,468,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,501,427

TOTAL EXPENSES $16,305,580

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,468,743	$11,401,478	+0.3%
Expenses	$16,305,580	$10,848,347	+0.5%
Net Income	$-1,836,837	$553,131	-4.3%

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

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
WILLIAM MAGNUSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARK HOSICK	SECRETARY	1.00	Officer Director	$0	$0	$0
MELVIN CROMWELL	TRUSTEE	1.00	Director	$0	$0	$0
DAVE ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
NICK SAUNDERS	TRUSTEE	1.00	Director	$0	$0	$0
TERESA PAIGE	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
2025	$14,468,743	$16,305,580	$29,642,896	$-1,836,837
2024	$11,401,478	$10,848,347	$28,204,358	$553,131
2023	$11,854,687	$11,133,047	$25,974,412	$721,640
2022	$10,731,049	$10,606,960	$25,943,906	$124,089
2022	$10,731,049	$10,606,960	$25,943,906	$124,089
2021	$9,095,142	$8,757,149	$25,955,584	$337,993
2020	$9,910,357	$8,269,862	$23,418,810	$1,640,495
2019	$10,796,561	$8,883,340	$22,997,773	$1,913,221
2018	$10,126,925	$7,866,831	$21,015,316	$2,260,094

IDAHO PIPE TRADES TRUST