ALASKA IRONWORKERS TRAINING PROGRA… - Form 990 Financial Data

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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

1966

Legal Domicile

Phone

9075615119

Tax Period

2018-07-01 to 2019-06-30

ALASKA IRONWORKERS TRAINING PROGRAM TRUST, founded in 1966, is a small nonprofit that reported $823K in total revenue in fiscal year 2018. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE TRAINING AND RETRAINING FOR APPRENTICE AND JOURNEYMEN IRONWORKERS.

Program Service Accomplishments

Program 1

TO PROVIDE TRAINING AND RETRAINING FOR APPRENTICE AND JOURNEYMEN IRONWORKERS

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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%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $822,702

Investment Income $21

Other Revenue $0

TOTAL REVENUE $822,723

Expense Breakdown

Grants Paid $0

Salaries & Benefits $412,812

Fundraising Expenses $0

Other Expenses $419,911

TOTAL EXPENSES $832,723

Year-over-Year Comparison

	2018	2017	Change
Revenue	$822,723	$647,252	+0.3%
Expenses	$832,723	$588,630	+0.4%
Net Income	$-10,000	$58,622	-1.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLAN HARDING	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANTHONY LADD	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT J RODEHEAVER	TRUSTEE	1.00	Director	$0	$0	$0
TODD BUCHITE	TRUSTEE	1.00	Director	$0	$0	$0
JAY LAULAINEN	TRUSTEE	1.00	Director	$0	$0	$0
JD WILKERSON	TRUSTEE	1.00	Director	$0	$0	$0
TROY CLANCY	TRUSTEE	1.00	Director	$0	$0	$0
TOM ZIMMERMAN	TRUSTEE	1.00	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
2019	$822,723	$832,723	No data	$-10,000
2018	$647,252	$588,630	$508,163	$58,622

ALASKA IRONWORKERS TRAINING PROGRAM TRUST