WILLAMETTE CARPENTER TRAINING CENTER INC (EIN 936097406) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

JOHN KILLIN

Phone

5032873708

Tax Period

2023-06-30 to 2024-04-30

WILLAMETTE CARPENTER TRAINING CENTER INC, founded in 1974, is a community nonprofit that reported $8.2M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $7.8M left a modest 5% surplus.

Mission

PROVIDE TRAINING AND RELATED BENEFITS TO APPRENTICE AND JOURNEYMAN CARPENTERS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,226,574

Investment Income $523

Other Revenue $-9,836

TOTAL REVENUE $8,217,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,885,800

Fundraising Expenses $0

Program Expenses $6,197,944

Other Expenses $2,891,811

TOTAL EXPENSES $7,777,611

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,217,261	$10,298,585	-0.2%
Expenses	$7,777,611	$9,736,209	-0.2%
Net Income	$439,650	$562,376	-0.2%

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

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

$170,925

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SHANLEY	PRESIDENT	1.00	Director	$0	$0	$0
FRANK LEE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KILLIN	SECRETARY	1.00	Director	$0	$0	$0
TRAMPAS SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE HAWES	EXECUTIVE DIRECTOR	40.00	Officer	$145,231	$25,694	$170,925
MIGUEL MONTANO	ASSISTANT DIRECTOR	40.00	Highest	$153,644	$21,003	$174,647
JOSEPH CADWELL	INSTRUCTOR	40.00	Highest	$119,233	$48,946	$168,179
ALLEN SHIBLEY	INSTRUCTOR	40.00	Highest	$125,419	$41,596	$167,015
SHANE STACY	INSTRUCTOR	40.00	Highest	$133,366	$33,400	$166,766
MARGARET KILMER	INSTRUCTOR	40.00	Highest	$116,853	$49,102	$165,955

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	$8,217,261	$7,777,611	No data	$439,650
2023	$10,298,585	$9,736,209	$3,166,343	$562,376
2022	$8,716,133	$8,450,686	$1,766,966	$265,447
2021	$7,895,288	$7,881,760	$1,858,962	$13,528
2020	$8,155,712	$8,402,240	$1,832,893	$-246,528
2019	$8,355,532	$7,976,427	$2,203,697	$379,105
2018	$6,600,460	$6,541,692	$1,541,159	$58,768

WILLAMETTE CARPENTER TRAINING CENTER INC