ELECTRO SKILL CORPORATION (EIN 946100577) - 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

1960

Legal Domicile

Principal Officer

PETER SEABERG

Phone

4082694332

Tax Period

2024-01-01 to 2024-12-31

ELECTRO SKILL CORPORATION, founded in 1960, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $204K, a strong 19% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS TO HOLD AND MAINTAIN REAL ESTATE ON BEHALF OF THE MEMBERSHIP OF THE IBEW LOCAL 332. THE LOCAL UNION OFFICE RESIDES IN THE BUILDING OWNED BY THE CORP.

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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 $1,026,922

Investment Income $30,893

Other Revenue $1,500

TOTAL REVENUE $1,059,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $855,301

TOTAL EXPENSES $855,301

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,059,315	$1,042,976	+0.0%
Expenses	$855,301	$940,131	-0.1%
Net Income	$204,014	$102,845	+1.0%

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

N/A

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

$893,797

Total Directors

$1,166,083

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAVIER M CASILLAS	BUSINESS MGR/FINCL SEC	1.0	Officer	$0	$132,312	$433,245
BASIL ROMERO	Executive Board	1.0	Director	$0	$149,395	$402,165
PETE SEABERG	President	1.0	Officer	$0	$135,579	$392,265
DANIEL SULLIVAN	Executive Board	1.0	Director	$0	$135,628	$373,485
WILLIE SMITH	EXECUTIVE BOARD	1.0	Director	$0	$124,111	$371,950
RYAN SERENE	RECORDING SECRETARY	1.0	Officer	$0	$14,121	$43,349
KIMBERLY DAVIS	TREASURER	1.0	Officer	$0	$5,718	$17,544
JON PAUL WOLFE	Executive Board	1.0	Director	$0	$4,338	$13,308
ALEX CARABALLO	Vice President	1.0	Officer	$0	$2,009	$6,161
ALYSSA MALLOY	EXECUTIVE BOARD	1.0	Director	$0	$1,688	$5,175
CRAIG TOMASELLO	TREASURER (PAST)	1.0	Officer	$0	$172	$1,233

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	$1,059,315	$855,301	$6,973,999	$204,014
2023	$1,042,976	$940,131	$7,054,786	$102,845
2022	$955,480	$982,959	$7,142,064	$-27,479
2021	$1,024,686	$884,167	$7,369,062	$140,519
2020	$983,387	$997,839	$7,448,592	$-14,452
2019	$913,605	$1,253,427	$7,712,116	$-339,822
2018	$978,707	$1,233,105	$8,178,363	$-254,398

ELECTRO SKILL CORPORATION