AUSTIN PLUMBERS & PIPEFITTERS TRAINING TRUST (EIN 852874444) - Form 990 Financial Analysis & Trantor Score

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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

2022

Legal Domicile

Principal Officer

Robert Thornton

Phone

5123850002

Tax Period

2024-06-01 to 2025-05-31

AUSTIN PLUMBERS & PIPEFITTERS TRAINING TRUST, founded in 2022, is a community nonprofit in the Education sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 45% operating margin.

Mission

THE FUND WAS ESTABLISHED TO PROVIDE APPRENTICESHIP AND JOURNEYMAN TRAINING, TESTING, EDUCATION,JOB SKILL DEVELOPMENT AND ENHANCEMENT FOR THE PLUMBERS AND PIPEFITTER TRADES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,143,041

Investment Income $189,082

Other Revenue $580,997

TOTAL REVENUE $4,913,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $755,787

Fundraising Expenses $0

Program Expenses $2,474,140

Other Expenses $1,937,323

TOTAL EXPENSES $2,693,110

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,913,120	$3,468,263	+0.4%
Expenses	$2,693,110	$2,366,637	+0.1%
Net Income	$2,220,010	$1,101,626	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brent Bertrand	Trustee	0.00	Director	$0	$0	$0
Pat Barker	Trustee	2.00	Director	$0	$0	$0
Aaron Richards	Trustee	0.00	Director	$0	$0	$0
Robert Thornton	Trustee	0.00	Director	$0	$0	$0
Ron Hamrick	Trustee	0.00	Director	$0	$0	$0
Gary Scheel	Trustee	0.00	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	$4,913,120	$2,693,110	$8,083,691	$2,220,010
2024	$3,468,263	$2,366,637	$6,134,478	$1,101,626
2023	$2,308,322	$2,460,065	$4,641,030	$-151,743
2022	$3,048,612	$2,075,044	$4,787,849	$973,568

AUSTIN PLUMBERS & PIPEFITTERS TRAINING TRUST