OPERATING ENGINEERS JOINT APPRENTICESHIP AND TRAINING TRUST OF WYOMING

EIN: 830219499

BAR NUNN, WY

Total Revenue
$232,377
Total Expenses
$314,336
Total Assets
$1,623,035
Net Assets
$1,620,518
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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
1973
Legal Domicile
WY
Principal Officer
PHILLIP CORNELLA
Phone
3072651397
Tax Period
2023-01-01 to 2023-12-31

OPERATING ENGINEERS JOINT APPRENTICESHIP AND TRAINING TRUST OF WYOMING, founded in 1973, is a small nonprofit that reported $232K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $314K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE WYOMING OPERATING ENGINEERS JOINT APPRENTICESHIP AND TRAINING TRUST OF WYOMING WAS CREATED AND ESTABLISHED FOR THE PURPOSE OF PROVIDING TRAINING FOR APPRENTICE OPERATING ENGINEERS AND RETRAINING OR REFRESHER TRAINING FOR JOURNEYMAN OPERATING ENGINEERS.

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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 $173,405
Investment Income $49,372
Other Revenue $9,600
TOTAL REVENUE $232,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,978
Fundraising Expenses $0
Other Expenses $143,358
TOTAL EXPENSES $314,336

Year-over-Year Comparison

2023 2022 Change
Revenue $232,377 $175,829 +0.3%
Expenses $314,336 $165,227 +0.9%
Net Income $-81,959 $10,602 -8.7%
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
8
Independent Members
6
Employees
3
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
5
$298,935
Total Directors
8
$298,935
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUKE PETERSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PHILLIP CORNELLA BUSINESS MANAGER / FINANCI 10.00
Officer Director
$2,991 $52,117 $155,158
GERSAIN SANCHEZ TREASURER 1.00
Officer Director
$0 $0 $0
DREW SLAVKOFF TRUSTEE 1.00
Director
$0 $0 $0
JOHN ISAACSON TRUSTEE 1.00
Director
$0 $0 $0
ROY SMITH RECORDING SECRETARY / CORR 40.00
Officer Director
$91,871 $50,236 $143,777
DONDRE MILLER TRUSTEE 1.00
Director
$0 $0 $0
KEVIN MILLER PRESIDENT 1.00
Officer 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 $232,377 $314,336 $1,623,035 $-81,959
2022 $175,829 $165,227 $1,614,758 $10,602
2021 $498,895 $222,613 $1,714,128 $276,282
2020 $135,042 $242,903 $1,300,793 $-107,861
2019 $321,882 $190,085 $1,373,560 $131,797
2018 $174,527 $164,659 $1,148,997 $9,868
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