Floor Covering Industry Joint Apprenticeship/journeyman Training Fund
Nonprofit profile at a glance
- EIN
- 930568347
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024
- Location
- Pleasanton, CA, USA
- Phone
- 9253680090
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $142,548
- Expenses
- $162,556
- Assets
- $300,285
- Liabilities
- $324
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- JOHN DUTY (EMPLOYER TRUSTEE/CHAIR)
- DAVID WINKLER (EMPLOYEE TRUSTEE/SECRETARY)
- DUSTIN HAGAN (EMPLOYEE TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Apprenticeship training program for the floor covering installation trade.
What it reported doing in 2024
The organization provides instructors and training materials to apprentices in the floor covering installation trade. Apprentices are members of the linoleum, carpet & soft tile applicators local union no. 1236.
Operating model
- Revenue model
- Membership-supported. 80% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 87% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.85; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.2% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $163K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 12/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.