JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE

EIN: 910570848 501(c)(3)

YAKIMA, WA

Total Revenue
$22,676,116
Total Expenses
$18,770,620
Total Assets
$68,339,166
Net Assets
$60,962,049
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
WA
Principal Officer
JASON LAMIQUIZ
Phone
5094530374
Tax Period
2024-07-01 to 2025-06-30

JM PERRY INSTITUTE OF TRADES INDUSTRIES AND AGRICULTURE, founded in 1939, is a mid-sized nonprofit that reported $22.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.9M, a strong 17% operating margin.

Mission

TO EDUCATE, EMPOWER AND EQUIP STUDENTS FOR LIFELONG CAREERS IN INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,395,595
Program Service Revenue $19,975,185
Investment Income $807,740
Other Revenue $497,596
TOTAL REVENUE $22,676,116

Expense Breakdown

Grants Paid $532,783
Salaries & Benefits $11,666,161
Fundraising Expenses $0
Program Expenses $14,174,283
Other Expenses $6,571,676
TOTAL EXPENSES $18,770,620

Year-over-Year Comparison

2024 2023 Change
Revenue $22,676,116 $19,488,774 +0.2%
Expenses $18,770,620 $17,235,268 +0.1%
Net Income $3,905,496 $2,253,506 +0.7%
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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Governance

Voting Members
3
Independent Members
3
Employees
204
Volunteers
211

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
2
$329,136
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRY SCHMALZ TRUSTEE 2.00
Director
$0 $0 $0
CURTIS KING TRUSTEE 2.00
Director
$0 $0 $0
JAKE JUNDT TRUSTEE 2.00
Director
$0 $0 $0
CATHY STERBENZ VP OF FINANCE AND ADMIN 40.00
Officer
$159,878 $18,569 $178,447
JASON LAMIQUIZ PRESIDENT 40.00
Officer
$128,954 $21,735 $150,689
NATHAN HULL VP OF ACADEMIC AFFAIRS 40.00
Highest
$144,565 $17,936 $162,501
RONALD ZIKE INSTRUCTOR 40.00
Highest
$121,752 $16,489 $138,241
JOSH PHILLIPS VP OF INFORMATION TECHNOLOGY 40.00
Highest
$120,756 $25,525 $146,281
ANTHONY NIRK DEPT HEAD INSTRUMENTATION 40.00
Highest
$114,004 $25,090 $139,094
TRESSA SHOCKLEY FOUNDATION DIRECTOR 40.00
Highest
$113,431 $18,527 $131,958
CHRISTINE COTE FORMER PRESIDENT 40.00
$140,802 $11,929 $152,731
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 $22,676,116 $18,770,620 $68,339,166 $3,905,496
2024 $19,488,774 $17,235,268 $63,231,959 $2,253,506
2023 $17,686,073 $15,943,547 $58,862,928 $1,742,526
2022 $22,461,419 $17,995,509 $56,509,979 $4,465,910
2021 $21,393,943 $17,016,472 $54,785,135 $4,377,471
2020 $16,369,750 $15,034,123 $47,086,015 $1,335,627
2019 $15,415,060 $13,871,874 $45,413,790 $1,543,186
2018 $14,031,777 $13,513,497 $43,914,682 $518,280
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