AREA 1 LIMITED ENERGY JATC TRAINING TRUST

EIN: 931317197 501(c)(3) Employment

TIGARD, OR

Total Revenue
$379,976
Total Expenses
$307,539
Total Assets
$243,252
Net Assets
$191,700
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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

Legal Domicile
OR
Principal Officer
MARK HIGGINS
Phone
5035987789
Tax Period
2024-01-01 to 2024-12-31

AREA 1 LIMITED ENERGY JATC TRAINING TRUST is a small nonprofit in the Employment sector that reported $380K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 19% operating margin.

Mission

PROVIDE AN APPRENTICESHIP TRAINING PROGRAM FOR APPROXIMATELY 250 LIMITED ENERGY ELECTRICAL 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 (2024)

Revenue Breakdown

Contributions & Grants $11,153
Program Service Revenue $361,135
Investment Income $7,688
Other Revenue $0
TOTAL REVENUE $379,976

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $279,547
Other Expenses $307,539
TOTAL EXPENSES $307,539

Year-over-Year Comparison

2024 2023 Change
Revenue $379,976 $255,961 +0.5%
Expenses $307,539 $287,605 +0.1%
Net Income $72,437 $-31,644 -3.3%
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
3
Independent Members
3
Employees
N/A
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE BECKIUS SECRETARY/TR N/A
Officer Director
$0 $0 $0
DAVE GILSON TRUSTEE N/A
Director
$0 $0 $0
MARK HIGGINS CHAIR N/A
Officer 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 $379,976 $307,539 $243,252 $72,437
2023 $255,961 $287,605 $172,732 $-31,644
2022 $247,095 $257,565 $141,830 $-10,470
2021 $261,509 $252,018 $202,632 $9,491
2020 $244,636 $229,697 $184,103 $14,939
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