AREA 1 ELECTRICAL EDUCATION TRUST (EIN 931294144) - 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

2001

Legal Domicile

Principal Officer

STEPHEN SHEPHERD

Phone

5034594056

Tax Period

2023-08-01 to 2024-07-31

AREA 1 ELECTRICAL EDUCATION TRUST, founded in 2001, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Expenses of $2.1M left a modest 8% surplus.

Mission

EDUCATION AND TRAINING OF APPRENTICE ELECTRICIANS

🔒

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 $2,147,585

Investment Income $75,912

Other Revenue $798

TOTAL REVENUE $2,224,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $969,432

Fundraising Expenses $0

Program Expenses $1,979,381

Other Expenses $1,086,543

TOTAL EXPENSES $2,055,975

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,224,295	$2,109,186	+0.1%
Expenses	$2,055,975	$1,832,758	+0.1%
Net Income	$168,320	$276,428	-0.4%

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

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

$197,532

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN SHEPHERD	TRUST CHAIR	5.00	Officer Director	$0	$0	$0
CINDY CHARLSON	TRUSTEE	5.00	Director	$0	$0	$0
CRISSIE GRECO	TREASURER	5.00	Officer Director	$0	$0	$0
JESSE DAVIDSON	TRUSTEE	5.00	Director	$0	$0	$0
JON COULIMORE	COMMITTEE CH	5.00	Director	$0	$0	$0
RICK ROMERO	SECRETARY	5.00	Officer Director	$0	$0	$0
CJ BONEFIELD	COMMITTEE ME	5.00	Director	$0	$0	$0
JASON JACOBUCCI	COMMITTEE ME	5.00	Director	$0	$0	$0
MATT HALBERG	COMMITTEE ME	5.00	Director	$0	$0	$0
MITCHELL KANGAS	COMMITTEE ME	5.00	Director	$0	$0	$0
ALI EPLING	COMMITTEE ME	5.00	Director	$0	$0	$0
DAVE ERWIN	COMMITTEE ME	5.00	Director	$0	$0	$0
RICHARD URBAN	COMMITTEE ME	5.00	Director	$0	$0	$0
MICHAEL LARSON	PROGRAM DIRE	40.00	Officer	$126,473	$0	$126,473
IRENE WEBER	PROGRAM DIRE	0.00	Officer	$71,059	$0	$71,059

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	$2,224,295	$2,055,975	$6,723,320	$168,320
2023	$2,109,186	$1,832,758	$6,524,534	$276,428
2022	$2,140,945	$1,448,913	$6,250,617	$692,032
2021	$1,943,885	$1,232,920	$5,587,641	$710,965
2020	$2,131,691	$1,304,446	$4,893,172	$827,245
2019	$2,039,677	$1,375,899	$4,054,034	$663,778

AREA 1 ELECTRICAL EDUCATION TRUST