ALASKA OPERATING ENGINEERS EMPLOYERS TRAINING TRUST FUND (EIN 916171128) - 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

1976

Legal Domicile

Principal Officer

KYLE VIRGIN

Phone

9077463117

Tax Period

2024-07-01 to 2025-06-30

ALASKA OPERATING ENGINEERS EMPLOYERS TRAINING TRUST FUND, founded in 1976, is a community nonprofit in the Employment sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 33% operating margin.

Mission

TRAIN AND RETAIN EMPLOYEES AND PROSPECTIVE EMPLOYEES IN INDUSTRIES UNDER A COLLECTIVE BARGAINING AGREEMENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $2,399,000

Program Service Revenue $5,238,367

Investment Income $130,406

Other Revenue $0

TOTAL REVENUE $7,767,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,165,508

Fundraising Expenses $0

Program Expenses $5,226,569

Other Expenses $2,061,061

TOTAL EXPENSES $5,226,569

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,767,773	$5,760,945	+0.3%
Expenses	$5,226,569	$4,671,773	+0.1%
Net Income	$2,541,204	$1,089,172	+1.3%

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

Employees

Volunteers

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

$337,581

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON ALWARD	CHAIRMAN	0.50	Officer Director	$0	$0	$0
RYAN MOREN	SECRETARY	0.50	Officer Director	$0	$0	$0
LAKE WILLIAMS	TRUSTEE	0.50	Director	$0	$0	$0
ANTON JOHANSEN	TRUSTEE	0.50	Director	$0	$0	$0
DAREN KONOPASKI	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS TAYLOR	TRUSTEE	0.50	Director	$0	$0	$0
TIM DUDLEY	TRUSTEE	0.50	Director	$0	$0	$0
PAUL WALSH	TRUSTEE	0.50	Director	$0	$0	$0
LUTHER BRICE	TRUSTEE (OUTGOING)	0.50	Director	$0	$0	$0
KYLE VIRGIN	ADMINISTRATOR	40.00	Officer	$62,149	$46,505	$108,654
MICHAEL HOLCOMB	ADMINISTRATOR (OUTGOING)	40.00	Officer	$143,262	$85,665	$228,927
WILLIAM FINKE	SHOP SUPERVISOR	40.00	Highest	$128,258	$88,066	$216,324
NEIL ARNESON	TRAINING DIRECTOR	40.00	Highest	$128,047	$88,066	$216,113
JUSTIN QUAKENBUSH	APPRENTICE COORDINATOR	40.00	Highest	$128,047	$88,066	$216,113
MONTE GOODRICH	INSTRUCTOR / MECHANIC	40.00	Highest	$113,214	$81,474	$194,688
MAX WILKE	INSTRUCTOR	40.00	Highest	$120,952	$82,823	$203,775

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	$7,767,773	$5,226,569	$15,068,372	$2,541,204
2024	$5,760,945	$4,671,773	$12,567,454	$1,089,172
2023	$4,147,041	$4,858,384	$11,360,650	$-711,343
2022	$4,266,613	$4,549,367	$12,223,604	$-282,754
2021	$3,805,252	$4,185,916	$12,626,363	$-380,664
2020	$3,949,463	$3,604,865	$13,095,137	$344,598
2019	$4,043,494	$3,780,288	$12,721,419	$263,206
2018	$3,485,121	$3,744,224	$12,412,889	$-259,103

ALASKA OPERATING ENGINEERS EMPLOYERS TRAINING TRUST FUND