Heat & Frost Insulators & Asbestos Wrkrs 38 Joint Apprentice & Training Fund
Nonprofit profile at a glance
- EIN
- 921168891
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Wilkesbarre, PA, USA
- Phone
- 5708290634
- Rating
- 37
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $180,098
- Expenses
- $87,413
- Assets
- $92,685
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- PHIL MICHAEL (PRESIDENT)
- JOE KORNACKI (VICE-PRESIDENT)
People named in this filing
- THOMAS WRIGHT (BUSINESS MANAGER)
- JOHN BEHM (APPRENTICE TEACHER)
- PHIL MICHAEL (PRESIDENT)
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
The purpose of the organization is to provide training to apprentices in the insulation trades and for eventual employment through the union and the contractors association as well as other non-signatory contractors.
What it reported doing in 2024
Supplying trained mechanics in industrial insulation to various contractors in northeastern Pennsylvania.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 78
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 51.5%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.