HAWAII MASONS'& PLASTERERS' TRAINING TRUST FUND (EIN 996016431) - 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

1967

Legal Domicile

Principal Officer

PETER IRIARTE MICHAEL MA

Phone

8088453901

Tax Period

2024-03-01 to 2025-02-28

HAWAII MASONS'& PLASTERERS' TRAINING TRUST FUND, founded in 1967, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $431K, a strong 23% operating margin.

Mission

TO PROVIDE TRAINING OR TRAINING AIDS TO CERTAIN INDIVIDUALS SATISFYING CERTAIN ELIGIBILITY REQUIREMENTS AS REQUIRED BY LOCAL STATE APPRENTICESHIP TRAINING LABOR LAWS.

🔒

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 $0

Program Service Revenue $1,518,966

Investment Income $149,485

Other Revenue $239,160

TOTAL REVENUE $1,907,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $738,718

Fundraising Expenses $0

Other Expenses $737,552

TOTAL EXPENSES $1,476,270

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,907,611	$1,754,794	+0.1%
Expenses	$1,476,270	$1,324,505	+0.1%
Net Income	$431,341	$430,289	+0.0%

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

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

$55,754

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN KANESHIGE	MGMT TRUSTEE	1.00	Director	$0	$0	$0
KEVIN YI	MGMT TRUSTEE	1.00	Director	$0	$0	$0
CLAUDE MATSUMOTO	MGMT TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MAZZONE	MGMT TRUSTEE	1.00	Director	$0	$0	$0
FRANCIS PASCUAL	MGMT TRUSTEE	1.00	Director	$0	$0	$0
PETER T IRIARTE	LABOR TRUSTEE	1.00	Director	$0	$0	$0
IKAIKA CASTILLO	LABOR TRUSTEE (ALT)	1.00	Director	$47,575	$8,179	$55,754
MAXCIMO MANIPON	LABOR TRUSTEE	1.00	Director	$0	$0	$0
PATRICK CORONAS	LABOR TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY ORNELLAS	LABOR TRUSTEE	1.00	Director	$0	$0	$0
PETER J IRIARTE	LABOR TRUSTEE	1.00	Director	$0	$0	$0
DICKIE KINIMAKA	TRAINING COORDINATOR	40.00	Highest	$106,581	$20,898	$127,479
ZACH BONILLA	TRAINING COORDINATOR	40.00	Highest	$126,051	$24,434	$150,485
KEITH NAPOLEON	TRAINING COORDINATOR	40.00	Highest	$126,051	$24,434	$150,485

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	$1,907,611	$1,476,270	$8,775,272	$431,341
2024	$1,963,514	$1,298,383	$8,265,119	$665,131
2024	$1,754,794	$1,324,505	$8,260,448	$430,289
2023	$1,684,642	$1,473,907	$7,504,382	$210,735
2023	$1,684,642	$1,442,470	$5,827,554	$242,172
2022	$1,828,412	$1,339,861	$5,686,441	$488,551
2021	$1,754,445	$1,274,985	$5,419,990	$479,460
2020	$1,919,807	$1,374,128	$4,995,790	$545,679
2019	$1,796,876	$1,518,069	$4,844,635	$278,807
2018	$3,079,687	$1,260,363	$5,886,188	$1,819,324
2018	$1,636,731	$1,260,363	$4,443,233	$376,368

HAWAII MASONS'& PLASTERERS' TRAINING TRUST FUND