SOUTHERN NEVADA TEAMSTERS LOCAL 63… - Form 990 Financial Data

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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

1998

Legal Domicile

Principal Officer

THOMAS BLITSCH

Phone

7024152185

Tax Period

2024-05-01 to 2025-04-30

SOUTHERN NEVADA TEAMSTERS LOCAL 631 TRAINING TRUST, founded in 1998, is a small nonprofit in the Education sector that reported $875K in total revenue in fiscal year 2024. Expenses of $808K left a modest 8% surplus.

Mission

TRUST PROVIDES TRAINING FOR MEMBERS OF TEAMSTERS LOCAL 631

Program Service Accomplishments

Program 1

Expenses: $716,691 Revenue: $874,556

THE TRUST HOLDS TRAINING SESSIONS TO ENHANCE THE SKILLS OF TEAMSTERS LOCAL 631 MEMBERS IN SPECIFIC FIELDS OF EXPERTISE.

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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 $737,240

Investment Income $0

Other Revenue $137,316

TOTAL REVENUE $874,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $448,929

Fundraising Expenses $0

Program Expenses $716,691

Other Expenses $359,213

TOTAL EXPENSES $808,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$874,556	$873,829	+0.0%
Expenses	$808,142	$690,392	+0.2%
Net Income	$66,414	$183,437	-0.6%

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
THOMAS BLITSCH	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW BARNUM	TRUSTEE	1.00	Director	$0	$0	$0
KENNY TABER	TRUSTEE	1.00	Director	$0	$0	$0
BRADY STEVENS	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK VELASQUEZ	TRUSTEE	1.00	Director	$0	$0	$0
LANCE METHA	TRUSTEE	1.00	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	$874,556	$808,142	$3,193,344	$66,414
2024	$873,829	$690,392	$3,190,672	$183,437
2023	$870,314	$597,868	$3,116,619	$272,446
2022	$936,054	$620,348	$2,452,515	$315,706
2021	$802,027	$611,230	$2,189,507	$190,797
2020	$858,344	$759,843	$1,928,843	$98,501
2019	$796,005	$799,058	$1,850,316	$-3,053
2018	$744,414	$693,968	$2,451,386	$50,446

SOUTHERN NEVADA TEAMSTERS LOCAL 631 TRAINING TRUST