PIPE FABRICATION INDUSTRY PROMOTIO… - Form 990 Financial Data

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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

2003

Legal Domicile

Principal Officer

NED T HAWKINS

Phone

2695578042

Tax Period

2025-04-01 to 2026-03-31

PIPE FABRICATION INDUSTRY PROMOTION FUND, founded in 2003, is a small nonprofit in the Employment sector that reported $153K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $73K, a strong 48% operating margin.

Mission

PROMOTION GOOD RELATION BETWEEN LABOR AND MANAGEMENT IN THE INDUSTRY ENGINEERING AND QUALITY STANDARD AND IMPROVING OCCUPATIONAL SAFETY AND HEALTH IN THE INDUSTRY.

Program Service Accomplishments

Program 1

N/A

Program 2

N/A

Program 3

N/A

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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 (2025)

Revenue Breakdown

Contributions & Grants $140,620

Program Service Revenue $0

Investment Income $16

Other Revenue $12,448

TOTAL REVENUE $153,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $79,764

TOTAL EXPENSES $79,764

Year-over-Year Comparison

	2025	2024	Change
Revenue	$153,084	$128,292	+0.2%
Expenses	$79,764	$115,275	-0.3%
Net Income	$73,320	$13,017	+4.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
YATES VANDENHEUVEL	CHAIRMAN/TRUSTEE	Officer Director	$0	$0	$0
DAN PANETTI	TRUSTEE	Director	$0	$0	$0
BOB GLASGOW	TRUSTEE	Director	$0	$0	$0
NED T HAWKINS	AGENT (START 06/2025)	Officer	$0	$0	$0
GUY FORTIN	AGENT (END 06/2025)	Officer	$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
2026	$153,084	$79,764	$497,781	$73,320
2025	$128,292	$115,275	$265,501	$13,017
2024	$126,368	$131,606	$252,484	$-5,238
2023	$122,667	$102,086	$257,722	$20,581
2022	$113,482	$30,966	$237,141	$82,516
2021	$113,316	$36,170	$154,625	$77,146

PIPE FABRICATION INDUSTRY PROMOTION FUND