SHEET METAL INDUSTRY APPRENTICESHIP TRAINING TRUST FUND (EIN 942155093) - 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

1983

Legal Domicile

Principal Officer

STEVE ALARCON

Phone

5592553665

Tax Period

2024-10-01 to 2025-09-30

SHEET METAL INDUSTRY APPRENTICESHIP TRAINING TRUST FUND, founded in 1983, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $413K, a strong 38% operating margin.

Mission

TRUST ESTABLISHED FOR CREATING, PROVIDING, AND SUPPORTING A PROGRAM FOR THE TRAINING AND EDUCATION OF APPRENTICES AND JOURNEYMEN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $779,111

Program Service Revenue $266,730

Investment Income $227

Other Revenue $38,300

TOTAL REVENUE $1,084,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,722

Fundraising Expenses $0

Program Expenses $468,773

Other Expenses $340,992

TOTAL EXPENSES $671,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,084,368	$849,900	+0.3%
Expenses	$671,714	$578,154	+0.2%
Net Income	$412,654	$271,746	+0.5%

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

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
ERIC PRIEST	COORDINATOR	40.00		$130,617	$90,762	$221,379
STEVE ALARCON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEN MCNEAL	Co-Chair	1.00	Officer Director	$0	$0	$0
DEAN MCCLAIN	TRUSTEE	1.00	Director	$0	$0	$0
GABRIEL GARCIA	TRUSTEE	1.00	Director	$0	$0	$0
FRED LATU	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA WILKINSON	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN HILL	TRUSTEE	1.00	Director	$0	$0	$0
PAT SHATTUCK	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	$1,084,368	$671,714	$2,793,866	$412,654
2024	$849,900	$578,154	$2,470,268	$271,746
2023	$678,493	$565,362	$2,273,493	$113,131
2022	$619,005	$568,913	$2,243,055	$50,092
2021	$730,675	$445,477	$2,040,662	$285,198
2020	$499,232	$425,756	$1,795,987	$73,476
2019	$497,474	$439,647	$1,752,496	$57,827
2018	$417,214	$408,422	$1,722,890	$8,792

SHEET METAL INDUSTRY APPRENTICESHIP TRAINING TRUST FUND