LINEMAN - ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TR FUN

EIN: 826911460 501(c)(3) Education

Cadillac, MI

Total Revenue
$583,594
Total Expenses
$451,665
Total Assets
$139,920
Net Assets
$139,604
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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
2017
Legal Domicile
MI
Principal Officer
Sean Egan
Phone
2317755700
Tax Period
2023-01-01 to 2023-12-31

LINEMAN - ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TR FUN, founded in 2017, is a small nonprofit in the Education sector that reported $584K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 23% operating margin.

Mission

ADMINISTER AND SUPPORT THE TRAINING AND EDUCATING OF THE ELECTRICAL APPRENTICES AND LINEMAN OF PARTICIPATING MICHIGAN UTILITIES.

Program Service Accomplishments

Program 1
Expenses: $442,178 Revenue: $543,400

DURING 2023, JMAP ADMINISTERED 16 TRAINING CLASSES WITH 88 TRAINEES IN ATTENDANCE, REPRESENTING 37 DIFFERENT MICHIGAN COOPERATIVE AND MUNICIPAL ELECTRIC UTILITIES. IN 2023, 13 TRAINEES GRADUATED FROM...

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DURING 2023, JMAP ADMINISTERED 16 TRAINING CLASSES WITH 88 TRAINEES IN ATTENDANCE, REPRESENTING 37 DIFFERENT MICHIGAN COOPERATIVE AND MUNICIPAL ELECTRIC UTILITIES. IN 2023, 13 TRAINEES GRADUATED FROM THE MULTI-YEAR TRAINING PROGRAM.

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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 $40,194
Program Service Revenue $543,400
Investment Income $0
Other Revenue $0
TOTAL REVENUE $583,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $442,178
Other Expenses $451,665
TOTAL EXPENSES $451,665

Year-over-Year Comparison

2023 2022 Change
Revenue $583,594 $416,750 +0.4%
Expenses $451,665 $428,664 +0.1%
Net Income $131,929 $-11,914 -12.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
20

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
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Sobeck CHAIR (Jan - May), VICE-CHAIR (May - Dec) 0.1
Officer Director
$0 $0 $0
Eric Baker Board Member 1.5
Director
$0 $0 $0
Sean Egan Board Member, CHAIR (May - Dec) 0.8
Officer Director
$0 $0 $0
Mel Crawford Board Member - VICE-CHAIR (Jan - May) 0.5
Officer Director
$0 $0 $0
Craig Edmonds Board Member 0.5
Director
$0 $0 $0
Rob Shelley Board Member 0.5
Director
$0 $0 $0
Ron McCullick Treasurer 1.5
Officer
$0 $0 $0
Joseph Baumann Secretary 0.2
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 $583,594 $451,665 $139,920 $131,929
2022 $416,750 $428,664 $7,828 $-11,914
2021 $469,302 $454,183 $19,794 $15,119
2020 $361,650 $357,607 $4,470 $4,043
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