Northeast WA-Northern Idaho Sheet Metal Educational Training Trust

EIN: 910980415 Education

Spokane, WA

Total Revenue
$941,159
Total Expenses
$876,660
Total Assets
$1,318,623
Net Assets
$1,290,009
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
WA
Principal Officer
Josh Mazzella
Phone
5099285009
Tax Period
2024-07-01 to 2025-06-30

Northeast WA-Northern Idaho Sheet Metal Educational Training Trust, founded in 1940, is a small nonprofit in the Education sector that reported $941K in total revenue in fiscal year 2024. Expenses of $877K left a modest 7% surplus.

Mission

The Trust provides and maintains counseling, and training programs for journeyman and apprentice employees of participating employers to prepare said employees for work in the sheet metal 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 $33,677
Program Service Revenue $884,091
Investment Income $207
Other Revenue $23,184
TOTAL REVENUE $941,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $611,703
Fundraising Expenses $0
Other Expenses $264,957
TOTAL EXPENSES $876,660

Year-over-Year Comparison

2024 2023 Change
Revenue $941,159 $935,208 +0.0%
Expenses $876,660 $723,945 +0.2%
Net Income $64,499 $211,263 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
5
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
3
$186,655
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Fair Chairman, Trustee - Manage 1.00
Officer Director
$0 $0 $0
Brian Walter Secretary, Trustee - Labor 1.00
Officer Director
$0 $0 $0
Shelby Kite Trustee - Labor 1.00
Director
$0 $0 $0
Ryan Droegemueller Trustee - Management 1.00
Director
$0 $0 $0
Tim Iverson Trustee - Management 1.00
Director
$0 $0 $0
Eric Rushing Trustee - Labor 1.00
Director
$0 $0 $0
Kolby Hanson Trustee - Labor 1.00
Director
$0 $0 $0
Richard Condrey Trustee - Management 1.00
Director
$0 $0 $0
Josh Mazzella Training Director/Coordina 40.00
Officer
$126,276 $60,379 $186,655
Josh Graeber Instructor 40.00
Highest
$108,686 $54,000 $162,686
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 $941,159 $876,660 $1,318,623 $64,499
2024 No data No data No data No data
2023 $837,772 $656,723 $1,035,770 $181,049
2022 $740,641 $507,404 $846,958 $233,237
2021 $574,794 $487,794 $618,793 $87,000
2020 $609,670 $492,990 $549,847 $116,680
2019 $456,174 $509,586 $422,014 $-53,412
2018 $453,237 $490,294 $475,392 $-37,057
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