SAMUEL STATEN SR PRE APPRENTICESHIP (EIN 831834131) - 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

2021

Legal Domicile

Principal Officer

SAMUEL STATEN JR

Tax Period

2023-01-01 to 2023-12-31

SAMUEL STATEN SR PRE APPRENTICESHIP, founded in 2021, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 6100% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 81% operating margin.

Mission

TO PROVIDE EDUCATIONAL AND EMPLOYMENT TRAINING TO INCREASE THE NUMBER OF PEOPLE OF COLOR AND WOMEN ENTERING THE CONSTRUCTION UNION APPRENTICESHIP PROGRAMS AS WELL AS THE CONSTRUCTION UNIONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $3,100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,100,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $391,935

Fundraising Expenses $0

Program Expenses $407,710

Other Expenses $192,632

TOTAL EXPENSES $584,567

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,100,000	$50,000	+61.0%
Expenses	$584,567	$192,702	+2.0%
Net Income	$2,515,433	$-142,702	-18.6%

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

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

$233,386

Total Directors

$233,386

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
WILLIAM PEEBLES	EXECUTIVE DIRECTOR	Officer Director	$140,154	$0	$140,154
OMAR NELSON	EXECUTIVE DIRECTOR	Officer Director	$93,232	$0	$93,232
MARK LYNCH JR	BOARD MEMBER	Director	$0	$0	$0
GARY MASINO	BOARD MEMBER	Director	$0	$0	$0
MALIK STATEN	BOARD MEMBER	Director	$0	$0	$0
RYAN BOYER	SECRETARY	Director	$0	$0	$0
FRAN MCLAUGHLIN	CO-CHAIRMAN	Director	$0	$0	$0
IRMA LOPEZ-SALTER	BOARD MEMBER	Director	$0	$0	$0
PATRICK EIDING	BOARD MEMBER	Director	$0	$0	$0
SAMUEL STATEN JR	CHAIRMAN	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	No data	No data	No data	No data
2023	$3,100,000	$584,567	$2,537,981	$2,515,433
2023	No data	No data	No data	No data

SAMUEL STATEN SR PRE APPRENTICESHIP