Employers-Shopmens Local No 516 Trainee Trust (EIN 936127035) - 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

1977

Legal Domicile

Principal Officer

Michael Roth

Phone

5032574743

Tax Period

2024-07-01 to 2025-06-30

Employers-Shopmens Local No 516 Trainee Trust, founded in 1977, is a small nonprofit that reported $128K in total revenue in fiscal year 2024. Revenue surged 147% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 35% operating margin.

Mission

Training programs for the education of apprentices and journeymen in the iron working trade.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $126,177

Investment Income $993

Other Revenue $702

TOTAL REVENUE $127,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,515

Fundraising Expenses $0

Other Expenses $62,088

TOTAL EXPENSES $82,603

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,872	$51,672	+1.5%
Expenses	$82,603	$91,235	-0.1%
Net Income	$45,269	$-39,563	-2.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrey Deyna	Trustee	1.00	Director	$0	$0	$0
Richard Padilla	Secrtary/Truste	1.00	Officer Director	$0	$0	$0
Michael Roth	Chairman/Truste	1.00	Officer Director	$0	$0	$0
David Speakman	Trustee	1.00	Director	$0	$0	$0
Kevin Fahey	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
2025	$127,872	$82,603	$530,497	$45,269
2022	$37,743	$47,800	$522,769	$-10,057
2021	$61,863	$74,211	$536,094	$-12,348
2020	$94,710	$83,258	$563,384	$11,452
2019	$109,850	$115,272	$568,872	$-5,422
2018	$82,070	$140,138	$603,032	$-58,068

Employers-Shopmens Local No 516 Trainee Trust