Stationary Engineers Training Trust (EIN 911001810) - 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

1977

Legal Domicile

Principal Officer

DAREN KONOPASKI

Phone

2063294900

Tax Period

2023-08-01 to 2024-07-31

Stationary Engineers Training Trust, founded in 1977, is a small nonprofit that reported $364K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $415K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE TRUST MAKES REIMBURSEMENTS RELATED TO TRAINING AND CERTIFICATION OF STATIONARY ENGINEERS.

🔒

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 $352,849

Investment Income $11,506

Other Revenue $0

TOTAL REVENUE $364,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,281

Fundraising Expenses $0

Other Expenses $210,544

TOTAL EXPENSES $414,825

Year-over-Year Comparison

	2023	2022	Change
Revenue	$364,355	$298,397	+0.2%
Expenses	$414,825	$286,247	+0.4%
Net Income	$-50,470	$12,150	-5.2%

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

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

$132,242

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA MAJOR	TRAINING COORDINATOR	40.0	Officer	$83,695	$48,547	$132,242
DAREN KONOPASKI	CHAIRMAN	1.0	Director	$0	$0	$0
ERIK KNOWLES	SECRETARY	1.0	Director	$0	$0	$0
LEE NEWMAN	trustee	1.0	Director	$0	$0	$0
TONY FRASCONE	TRUSTEE	1.0	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
2024	$364,355	$414,825	$423,120	$-50,470
2023	$298,397	$286,247	$456,490	$12,150
2022	$370,527	$363,428	$448,572	$7,099
2021	$437,281	$330,561	$467,802	$106,720
2020	$424,934	$323,261	$356,158	$101,673
2019	$374,492	$305,722	$250,712	$68,770
2018	$365,624	$314,690	$183,441	$50,934

Stationary Engineers Training Trust