HEAT & FROST INSULATOR & ASBESTOS WORKER APPRENT & JRNYMAN TRAINING (EIN 936049712) - 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

1967

Legal Domicile

Principal Officer

RON MATHIS

Phone

5032555124

Tax Period

2023-07-01 to 2024-06-30

HEAT & FROST INSULATOR & ASBESTOS WORKER APPRENT & JRNYMAN TRAINING, founded in 1967, is a small nonprofit that reported $586K in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $517K left a modest 12% surplus.

Mission

APPRENTICESHIP TRAINING PROGRAM.

🔒

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 $530,757

Investment Income $1,769

Other Revenue $53,486

TOTAL REVENUE $586,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,421

Fundraising Expenses $0

Other Expenses $291,977

TOTAL EXPENSES $517,398

Year-over-Year Comparison

	2023	2022	Change
Revenue	$586,012	$2,435,124	-0.8%
Expenses	$517,398	$497,111	+0.0%
Net Income	$68,614	$1,938,013	-1.0%

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

Total Directors

$2,586

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DRENG ESPELIEN	COORDINATOR	040.00	Highest	$122,760	$48,469	$171,229
MIKE MARCHI	TRUSTEE	001.00	Director	$1,293	$0	$1,293
JONATHAN MARCHI	TRUSTEE	001.00	Director	$1,293	$0	$1,293
JOE CAMPBELL	TRUSTEE	001.00	Director	$0	$0	$0
MIKE KEMP	TRUSTEE	001.00	Director	$0	$0	$0
ROBERT JEFFRIES	TRUSTEE	001.00	Director	$0	$0	$0
RON MATHIS	COMMITTEE MEMBER	001.00	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
2025	No data	No data	No data	No data
2024	$586,012	$517,398	$3,493,306	$68,614
2023	$2,435,124	$497,111	$3,516,061	$1,938,013
2022	$602,888	$566,281	$2,644,499	$36,607
2021	$583,273	$408,110	$983,243	$175,163
2020	$469,519	$335,082	$807,149	$134,437
2019	$405,403	$329,562	$673,696	$75,841
2018	$362,021	$311,633	$767,873	$50,388

HEAT & FROST INSULATOR & ASBESTOS WORKER APPRENT & JRNYMAN TRAINING