Civic Intelligence

Ua Local 524 Education Fund

990 • Fiscal year 2018 • EIN 23-7218430

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 24, 2019

711 Corey StScranton, PA 18505

(570) 347-9214

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.00x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Net Margin

96th percentile

43%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$227,175

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2018

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

95%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,229,428

Up $387,174 (+14%) from 2017

Net Assets

Up

$3,228,768

Up $390,561 (+14%) from 2017

Liabilities

Down

$660

Down $3,387 (-84%) from 2017

Revenue

Up

$906,954

Up $440,733 (+95%) from 2017

Expenses

Down

$516,393

Down $11,745 (-2.2%) from 2017

Net Income

Up

$390,561

Up $452,478 (+731%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,981,473Liabilities 2015: $4,167Net Assets 2015: $2,977,3062015Assets 2016: $2,903,102Liabilities 2016: $2,978Net Assets 2016: $2,900,1242016Assets 2017: $2,842,254Liabilities 2017: $4,047Net Assets 2017: $2,838,2072017Assets 2018: $3,229,428Liabilities 2018: $660Net Assets 2018: $3,228,7682018Assets 2019: $3,375,425Liabilities 2019: $1,415Net Assets 2019: $3,374,0102019Assets 2020: $3,325,768Liabilities 2020: $1,081Net Assets 2020: $3,324,6872020Assets 2021: $3,186,822Liabilities 2021: $2,469Net Assets 2021: $3,184,3532021Assets 2022: $3,084,294Liabilities 2022: $3,240Net Assets 2022: $3,081,0542022Assets 2023: $2,754,394Liabilities 2023: $887Net Assets 2023: $2,753,5072023Assets 2024: $2,566,048Liabilities 2024: $1,518Net Assets 2024: $2,564,5302024

Highlighted filing

2018

Assets$3,229,428
Liabilities$660
Net Assets$3,228,768

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $379,701Expenses 2015: $499,195Net Income 2015: -$119,4942015Revenue 2016: $418,566Expenses 2016: $495,748Net Income 2016: -$77,1822016Revenue 2017: $466,221Expenses 2017: $528,138Net Income 2017: -$61,9172017Revenue 2018: $906,954Expenses 2018: $516,393Net Income 2018: $390,5612018Revenue 2019: $693,411Expenses 2019: $548,169Net Income 2019: $145,2422019Revenue 2020: $436,684Expenses 2020: $486,007Net Income 2020: -$49,3232020Revenue 2021: $341,931Expenses 2021: $482,265Net Income 2021: -$140,3342021Revenue 2022: $433,900Expenses 2022: $537,199Net Income 2022: -$103,2992022Revenue 2023: $495,314Expenses 2023: $822,861Net Income 2023: -$327,5472023Revenue 2024: $506,248Expenses 2024: $695,225Net Income 2024: -$188,9772024

Highlighted filing

2018

Revenue$906,954
Expenses$516,393
Net Income$390,561
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 24, 2019
Return Version
2017v2.3
Gross Receipts
$906,954
Mission and Program Overview

Mission

To provide for the creation and operation of a program for the selection & training of pipefitter apprentices.

To provide for the creation and operation of a program for the training of pipefitter apprentices

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,838,207$3,228,768▲ $390,561
Savings and Temporary Cash Investments$2,730,458$3,104,682▲ $374,224
Cash and Non-Interest-Bearing Accounts$60,793$82,977▲ $22,184
Land, Buildings, and Equipment, Net$51,003$41,769▼ $9,234
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,842,254$3,229,428▲ $387,174
Liabilities
Accounts Payable and Accrued Expenses$4,047$660▼ $3,387
Total Liabilities$4,047$660▼ $3,387
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,838,207$3,228,768▲ $390,561
Total Liabilities and Net Assets / Fund Balance$2,842,254$3,229,428▲ $387,174

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,316$18,474-
Equipment$29,453$180,932-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott SchranerUnion TrusteePT$8,310$8,310
Jason FlynnUnion TrusteePT$1,933$1,933
Brian DolanUnion TrusteePT$966$966

Board Members and Trustees

NameTitle
Dominic YannuzziEmployer Trustee
Joe MarxEmployer Trustee
John MeehanEmployer Trustee
Steve WeinbergerEmployer Trustee
Bruce JonesUnion Trustee
Pat DolanUnion Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$897,524
Investment Income
$6,700
Other Revenue
$2,730
Change in Net Assets
$390,561

Audited Revenue Reconciliation

Revenue per Audited Statements
$906,954
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$906,954
Total Revenue per Form 990
$906,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,872
Other Expenses$212,521
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$229,384
Other Salaries and Wages---$55,975
Occupancy---$48,000
Office Expenses---$18,780
Payroll Taxes---$18,513
Depreciation Depletion---$16,752
Fees for Services Legal---$11,794
Insurance---$10,991
Other Expenses---$9,208
Fees for Services Accounting---$9,034
Total Functional Expenses$0$0$0$516,393

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$516,393
Total Expenses per Audited Statements$516,393
Total Expenses per Form 990$516,393
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

After the organization's accountant prepares form 990 but prior to signature, the governing body reviews the tax return with their accountant.

Form 990, Part VI, Section C, Line 19

The education fund provides the general public access to its governing documents and financial statements at the fund office upon request.

Filing and Contact Details

Filer

Filer Name
Ua Local 524 Education Fund
EIN
23-7218430
Phone
5703479214
Address
711 COREY ST, SCRANTON, PA 18505

Signing Officer

Name
Patrick Dolan
Title
Trustee
Phone
5703479214
Signed
2019-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Dolan
Formed
1973
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
4
Employees
12
Volunteers
0

Preparer

Firm
Alan Ross & Company Pc
Address
10 HEARTHSTONE COURT SUITE 100, READING, PA 19606
Preparer
Alan D Ross CPA
Phone
6107799555
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is organized and registered under the internal revenue code section 501(c)(5). Under federal regulations, the organization is exempt from federal income taxes. Accounting principles generally accepted in the united states of america require organization management to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain tax position that more likely than not would not be sustainable upon examination by the internal revenue service. The management has analyzed the positions taken by the organization, and has concluded that as of june 30, 2018, there are no uncertain positions taken or expect to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The management believes it is no longer subject to income tax examinations for years prior to june 30, 2016.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED AND REGISTERED UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(5). UNDER FEDERAL REGULATIONS, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE ORGANIZATION MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINABLE UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE MANAGEMENT HAS ANALYZED THE POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECT TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2016.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1UNION TRUSTEE
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER THE ORGANIZATION'S ACCOUNTANT PREPARES FORM 990 BUT PRIOR TO SIGNATURE, THE GOVERNING BODY REVIEWS THE TAX RETURN WITH THEIR ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EDUCATION FUND PROVIDES THE GENERAL PUBLIC ACCESS TO ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AT THE FUND OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1GA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt2CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt3CONTRIBUTING EMPLOYER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MARX SHEET METAL INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1BHI ENERGU SPECIALTY SERVICE LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt2HT LYONS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt3KIEWITT POWER CONSTRUCTION COMPANY
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt150213
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt264737
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt3456246
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt12005 NEWPOINT PARKWAY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt27165 AMBASSABOR DR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt312720 I ST
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1LAWRENCEVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm2ALLENTOWN
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd3NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd018703
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0UNITED ASSOCIATION LOCAL UNION 524
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1PLUMBERS AND PIPEFITTERS LOCAL 524 PENSION & ANNUITY PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2PLUMBERS AND PIPEFITTERS LOCAL 524 HEALTH & WELFARE PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0240579955
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(9)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REPRESENTS MEMBERS WORKING IN THE PIPE-TRADES INDUSTRY IN NORTH EAST PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1COLLECTIVELY BARGAINED RETIREMENT BENEFIT PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2COLLECTIVELY BARGAINED WELFARE BENEFIT PROGRAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0711 COREY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1711 COREY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2711 COREY STREET
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SCRANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2SCRANTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd018505
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt048000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt18370
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt224440
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt38389
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt45304
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt553252
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt650213
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt764737
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt8456246
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt4COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt5COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt6COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt7COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt8COLLECTIVE BARGAINING AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNITED ASSOCIATION LOCAL UNION 524
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1PLUMBERS AND PIPEFITTERS LOCAL 524 PENSION & ANNUITY PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2PLUMBERS AND PIPEFITTERS LOCAL 524 HEALTH & WELFARE PLAN
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3UNITED ASSOCIATION LOCAL UNION 524
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt4UNITED ASSOCIATION LOCAL UNION 524
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt5MARX SHEET METAL INC

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