Pipe Trades Education Center Inc (EIN 840571118) - 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

1966

Legal Domicile

Principal Officer

Brian Almquist

Phone

9702452012

Tax Period

2023-01-01 to 2023-12-31

Pipe Trades Education Center Inc, founded in 1966, is a micro nonprofit that reported $43K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $132K exceeded revenue, resulting in a 210% operating deficit.

Mission

Operate and maintain the land and buildings located at 3168 Pipe Court.

🔒

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 $0

Program Service Revenue $28,036

Investment Income $0

Other Revenue $14,496

TOTAL REVENUE $42,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $131,919

TOTAL EXPENSES $131,919

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,532	$30,268	+0.4%
Expenses	$131,919	$85,487	+0.5%
Net Income	$-89,387	$-55,219	+0.6%

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

N/A

Employees

N/A

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

$200,918

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James Keif	Financial Secretary	1.00	Officer	$0	$328	$8,472
Brian Almquist	Financial Secretary	1.00	Officer	$0	$74,809	$192,446
Daniel Lee Schulte	Vice President	1.00	Officer	$0	$0	$0
Nathan Nicodemus	Trustee	1.00	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
2024	No data	No data	No data	No data
2023	$42,532	$131,919	$791,089	$-89,387
2022	$30,268	$85,487	$891,416	$-55,219
2021	$48,781	$90,851	$956,996	$-42,070
2020	$53,163	$83,858	$1,009,870	$-30,695
2019	$53,144	$91,268	$1,050,890	$-38,124
2018	$53,858	$92,728	$1,098,683	$-38,870

Pipe Trades Education Center Inc