SHEET METAL TRAINING FUND

EIN: 936053828 501(c)(3) Employment

PORTLAND, OR

Total Revenue
$3,005,659
Total Expenses
$3,026,925
Total Assets
$8,071,570
Net Assets
$7,793,293
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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
1969
Legal Domicile
OR
Principal Officer
ROB POSTMA
Phone
5032571022
Tax Period
2023-01-01 to 2023-12-31

SHEET METAL TRAINING FUND, founded in 1969, is a community nonprofit in the Employment sector that reported $3.0M in total revenue in fiscal year 2023. Net assets of $7.8M represent 31 months of operating reserves.

Mission

LEADER IN THE RECRUITMENT, EDUCATION & TRAINING OF SKILLED CRAFTSPEOPLE IN THE SHEET METAL INDUSTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $27,000
Program Service Revenue $2,773,815
Investment Income $27,662
Other Revenue $177,182
TOTAL REVENUE $3,005,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,923,361
Fundraising Expenses $0
Program Expenses $2,317,952
Other Expenses $1,103,564
TOTAL EXPENSES $3,026,925

Year-over-Year Comparison

2023 2022 Change
Revenue $3,005,659 $3,006,247 0.0%
Expenses $3,026,925 $2,810,219 +0.1%
Net Income $-21,266 $196,028 -1.1%
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
8
Independent Members
8
Employees
21
Volunteers
23

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
3
$177,165
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT POSTMA EXECUTIVE ADMINISTRATOR OF TRAINING 40.00
Officer
$128,796 $48,369 $177,165
BEN WOOD TRAINING COORDINATOR 40.00
Highest
$121,014 $48,369 $169,383
PAUL CULP INSTRUCTOR 40.00
Highest
$119,105 $48,979 $168,084
HUY THOMPSON INSTRUCTOR 40.00
Highest
$116,528 $48,202 $164,730
TODD STEVENS INSTRUCTOR 40.00
Highest
$116,096 $48,430 $164,526
RICHARD DOTY INSTRUCTOR 40.00
Highest
$115,754 $48,369 $164,123
CHRIS SCHNEIDER PRESIDENT 1.00
Officer Director
$0 $0 $0
BRIAN NOBLE SECRETARY 1.00
Officer Director
$0 $0 $0
VANESSA STEWARD TRUSTEE 1.00
Director
$0 $0 $0
GORDON HARVEY TRUSTEE 1.00
Director
$0 $0 $0
GREG SAUER TRUSTEE 1.00
Director
$0 $0 $0
JOSH MCCLAUGHRY TRUSTEE 1.00
Director
$0 $0 $0
DUSTIN HYSMITH TRUSTEE 1.00
Director
$0 $0 $0
JAMES SLATER 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
2024 No data No data No data No data
2023 $3,005,659 $3,026,925 $8,071,570 $-21,266
2022 $3,006,247 $2,810,219 $7,675,025 $196,028
2021 $3,175,021 $2,524,914 $7,800,547 $650,107
2020 $2,662,357 $2,292,141 $7,172,847 $370,216
2019 $2,813,858 $2,424,344 $6,494,882 $389,514
2018 $2,777,653 $1,958,676 $6,006,615 $818,977
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