SOUTHWEST WASHINGTON ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND

EIN: 916087265 501(c)(3) Employment

TACOMA, WA

Total Revenue
$1,146,077
Total Expenses
$1,192,407
Total Assets
$2,028,942
Net Assets
$1,918,386
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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
1968
Legal Domicile
WA
Principal Officer
BARRY BLACKBURN
Phone
2534752922
Tax Period
2023-01-01 to 2023-12-31

SOUTHWEST WASHINGTON ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TRUST FUND, founded in 1968, is a community nonprofit in the Employment sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

TO PROVIDE EDUCATION AND JOB TRAINING FOR ELECTRICIANS AND APPRENTICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $125,991
Program Service Revenue $928,274
Investment Income $6,082
Other Revenue $85,730
TOTAL REVENUE $1,146,077

Expense Breakdown

Grants Paid $0
Salaries & Benefits $756,304
Fundraising Expenses $0
Program Expenses $859,157
Other Expenses $436,103
TOTAL EXPENSES $1,192,407

Year-over-Year Comparison

2023 2022 Change
Revenue $1,146,077 $1,106,245 +0.0%
Expenses $1,192,407 $1,271,027 -0.1%
Net Income $-46,330 $-164,782 -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
12
Independent Members
12
Employees
21
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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barry Blackburn lead day time instr. 40.0
Highest
$136,187 $47,899 $184,086
Steven Thompson day time instructor 40.0
Highest
$133,350 $47,899 $181,249
WESLEY MAYS INSTRUCTOR 40.0
Highest
$117,855 $47,899 $165,754
JACK KNOTTINGHAM SECRETARY 1.0
Officer Director
$0 $0 $0
DAN NEWTON CHAIRMAN 1.0
Officer Director
$0 $0 $0
MARDY BETSCHART TRUSTEE 1.0
Director
$0 $0 $0
KEN DOYLE TRUSTEE 1.0
Director
$0 $0 $0
MEA FELTON TRUSTEE 1.0
Director
$0 $0 $0
GARY GONZALES TRUSTEE 1.0
Director
$0 $0 $0
NICOLE HITE TRUSTEE 1.0
Director
$0 $0 $0
KEN JENNINGS TRUSTEE 1.0
Director
$0 $0 $0
TIM O' DONNELL TRUSTEE 1.0
Director
$0 $0 $0
STEVE SARE TRUSTEE 1.0
Director
$0 $0 $0
GARY SARLUND TRUSTEE 1.0
Director
$0 $0 $0
BRYSON CLINT 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 No data No data No data No data
2023 $1,146,077 $1,192,407 $2,028,942 $-46,330
2022 $1,106,245 $1,271,027 $2,059,650 $-164,782
2021 $1,341,379 $1,175,761 $2,252,998 $165,618
2020 $1,428,600 $1,083,342 $2,153,308 $345,258
2020 $1,314,400 $1,083,342 $2,153,308 $231,058
2019 $1,312,405 $1,260,684 $1,813,687 $51,721
2018 $1,148,229 $1,076,659 $1,748,132 $71,570
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