FINISHING TRADES INSTITUTE OF DISTRICT COUNCIL 36 JOINT APPRENTICESHIP TRAINING TF

EIN: 953670524

COMMERCE, CA

Total Revenue
$8,496,065
Total Expenses
$7,322,154
Total Assets
$24,096,875
Net Assets
$23,394,826
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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
1975
Legal Domicile
CA
Principal Officer
PAUL SHERRIN
Phone
3237272811
Tax Period
2023-01-01 to 2023-12-31

FINISHING TRADES INSTITUTE OF DISTRICT COUNCIL 36 JOINT APPRENTICESHIP TRAINING TF, founded in 1975, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2023. Expenses of $7.3M left a modest 14% surplus.

Mission

PROVIDES JOB TRAINING AND RELATED CLASSROOM INSTRUCTION TO APPRENTICES AND JOURNEYMEN IN THE PAINTING, DRYWALL AND GLAZING INDUSTRIES; TO IMPROVE THE KNOWLEDGE AND TRAINING AMONG MEMBERS OF THESE TRADES IN ORDER TO KEEP UP WITH DEVELOPMENTS AND PROGRESS IN THE TECHNOLOGY AND APPLICATION OF NEW PRODUCTS WHICH ARE OR CAN BE UTILIZED IN THESE INDUSTRIES AND TO TRAIN MEMBERS OF THESE TRADES TO SKILLFULLY CARRY OUT THE DUTIES OF POSITIONS IN THESE INDUSTRIES.

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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 $253,460
Program Service Revenue $8,178,559
Investment Income $46,622
Other Revenue $17,424
TOTAL REVENUE $8,496,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,470,222
Fundraising Expenses $0
Other Expenses $2,851,932
TOTAL EXPENSES $7,322,154

Year-over-Year Comparison

2023 2022 Change
Revenue $8,496,065 $7,894,264 +0.1%
Expenses $7,322,154 $6,344,866 +0.2%
Net Income $1,173,911 $1,549,398 -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

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Governance

Voting Members
10
Independent Members
10
Employees
88
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
0
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BURTLE DIRECTOR OF TRAINING 40.0
Highest
$153,736 $27,726 $181,462
MIKE S GALSTAUN GLAZIERS COORDINATOR 40.0
Highest
$108,240 $49,308 $157,548
JOSE GARCIA GLAZIERS INSTRUCTOR 40.0
Highest
$103,060 $49,308 $152,368
KYLE BUTTS SD GLAZING COORDINATOR 40.0
Highest
$106,052 $33,347 $139,399
ALLEN HONG CONTROLLER 40.0
Highest
$103,303 $35,699 $139,002
CHIP MARTIN EMPLOYER TRUSTEE 1.0
Director
$0 $0 $0
RICH SCHMITT EMPLOYER TRUSTEE 1.0
Director
$0 $0 $0
PAUL SHERRIN EMPLOYER TRUSTEE 1.0
Director
$0 $0 $0
DEVENEY PULA EMPLOYER TRUSTEE 1.0
Director
$0 $0 $0
luis robles union trustee 1.0
Director
$0 $0 $0
ANA MARIE HANSON UNION TRUSTEE 1.0
Director
$0 $0 $0
JEFFREY LASHER EMPLOYER TRUSTEE 1.0
Director
$0 $0 $0
MATT WEIR UNION TRUSTEE 1.0
Director
$0 $0 $0
RONNIE MARTINEZ UNION TRUSTEE 1.0
Director
$0 $0 $0
ERNESTO TOSCANO UNION TRUSTEE 1.0
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 $8,496,065 $7,322,154 $24,096,875 $1,173,911
2022 $7,894,264 $6,344,866 $22,749,569 $1,549,398
2021 $7,209,969 $5,297,237 $23,930,735 $1,912,732
2020 $7,543,857 $4,956,677 $21,403,644 $2,587,180
2019 $6,182,518 $4,293,102 $18,675,630 $1,889,416
2018 $5,217,796 $3,954,278 $16,123,018 $1,263,518
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