Tuscaloosa Joint Apprentice Committee

EIN: 911947129

Tuscaloosa, AL

Total Revenue
$682,366
Total Expenses
$560,481
Total Assets
$1,774,371
Net Assets
$1,764,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
AL
Principal Officer
Barry S Nichols
Phone
2053661314
Tax Period
2025-01-01 to 2025-12-31

Tuscaloosa Joint Apprentice Committee, founded in 1969, is a small nonprofit that reported $682K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $122K, a strong 18% operating margin.

Mission

To provide individuals in the West Alabama area with training and educational opportunities in the welding, pipefitting, and plumbing trade professions.

Program Service Accomplishments

Program 1
Expenses: $538,352 Revenue: $671,038

The school provides training and education to individuals in the West Alabama area. Students graduate as journeyman pipefitters and plumbers and help supply the area with skilled labor.

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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 (2025)

Revenue Breakdown

Contributions & Grants $671,038
Program Service Revenue $0
Investment Income $11,606
Other Revenue $-278
TOTAL REVENUE $682,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,181
Fundraising Expenses $0
Program Expenses $538,352
Other Expenses $327,300
TOTAL EXPENSES $560,481

Year-over-Year Comparison

2025 2024 Change
Revenue $682,366 $583,780 +0.2%
Expenses $560,481 $502,713 +0.1%
Net Income $121,885 $81,067 +0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
17
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
0
$0
Total Directors
6
$28,454
Key Employees
1
$91,771
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barry S Nichols Chairman 1.00
Director
$0 $0 $0
William Swann Board Member 1.00
Director
$0 $0 $0
Kevin Jones Board Member 5.00
Director
$8,550 $0 $8,550
Seth Russell Board Member 5.00
Director
$7,941 $0 $7,941
Dallas Howell Board Member 1.00
Director
$0 $0 $0
Shane Barrentine Board Member 5.00
Director
$11,963 $0 $11,963
William Marable Admin Coordinator 40.00
Key Emp
$91,771 $0 $91,771
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 $682,366 $560,481 $1,774,371 $121,885
2024 $583,780 $502,713 $1,651,724 $81,067
2023 $420,408 $471,981 $1,571,499 $-51,573
2022 $372,538 $459,585 $1,626,777 $-87,047
2021 $408,971 $403,205 $1,710,305 $5,766
2020 $411,979 $406,214 $1,704,384 $5,765
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