INDEPENDENT ELECTRICAL TRAINING TRUST

EIN: 943192766 501(c)(3)

TIGARD, OR

Total Revenue
$1,571,083
Total Expenses
$1,325,512
Total Assets
$1,277,525
Net Assets
$1,199,719
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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
1993
Legal Domicile
OR
Principal Officer
ZANDI COX
Phone
5035897798
Tax Period
2023-01-01 to 2023-12-31

INDEPENDENT ELECTRICAL TRAINING TRUST, founded in 1993, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $246K, a strong 16% operating margin.

Mission

APPRENTICESHIP TRAINING & EDUCATION

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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 $12,685
Program Service Revenue $1,557,106
Investment Income $1,352
Other Revenue $-60
TOTAL REVENUE $1,571,083

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,244,708
Other Expenses $1,325,512
TOTAL EXPENSES $1,325,512

Year-over-Year Comparison

2023 2022 Change
Revenue $1,571,083 $1,273,487 +0.2%
Expenses $1,325,512 $1,054,247 +0.3%
Net Income $245,571 $219,240 +0.1%
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
4
Independent Members
4
Employees
N/A
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZANDI COX CHAIR N/A
Officer Director
$0 $0 $0
CURT CRIBBINS SECRETARY/TR N/A
Officer Director
$0 $0 $0
JOSH AKERMAN TRUSTEE N/A
Director
$0 $0 $0
TIM KLEINT TRUSTEE N/A
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 $1,571,083 $1,325,512 $1,277,525 $245,571
2022 $1,273,487 $1,054,247 $1,033,564 $219,240
2021 $1,063,120 $870,820 $751,246 $192,300
2020 $948,211 $782,659 $565,998 $165,552
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