Civic Intelligence

Austin Plumbers & Pipefitters Area Joint Apprentice Committee Trust Fund

990 • Fiscal year 2019 • EIN 74-1942353

Jun 01, 2018 to May 31, 2019 • Filed on Apr 09, 2020

PO Box 7888Round Rock, TX 78683

(512) 775-7960

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.01x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

54th percentile

0.03x

Higher debt load relative to revenue than 54% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Net Margin

18th percentile

-2.8%

Higher net margin than 18% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

17th percentile

$0

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2019

Asset Growth

37th percentile

2.5%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.7%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,813,172

Up $69,814 (+2.5%) from 2018

Net Assets

Up

$2,771,230

Up $62,159 (+2.3%) from 2018

Liabilities

Up

$41,942

Up $7,655 (+22%) from 2018

Revenue

Up

$1,614,536

Up $57,680 (+3.7%) from 2018

Expenses

Up

$1,659,671

Up $316,999 (+24%) from 2018

Net Income

Down

-$45,135

Down $259,319 (-121%) from 2018

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 2010: $2,523,353Liabilities 2010: $68,341Net Assets 2010: $2,455,0122010Assets 2011: $2,324,378Liabilities 2011: $8,929Net Assets 2011: $2,315,4492011Assets 2012: $2,423,453Liabilities 2012: $55,092Net Assets 2012: $2,368,3612012Assets 2013: $2,474,383Liabilities 2013: $135,358Net Assets 2013: $2,339,0252013Assets 2014: $2,410,824Liabilities 2014: $58,441Net Assets 2014: $2,352,3832014Assets 2015: $2,325,199Liabilities 2015: $10,765Net Assets 2015: $2,314,4342015Assets 2016: $2,438,388Liabilities 2016: $77,236Net Assets 2016: $2,361,1522016Assets 2017: $2,650,816Liabilities 2017: $155,929Net Assets 2017: $2,494,8872017Assets 2018: $2,743,358Liabilities 2018: $34,287Net Assets 2018: $2,709,0712018Assets 2019: $2,813,172Liabilities 2019: $41,942Net Assets 2019: $2,771,2302019Assets 2020: $3,027,047Liabilities 2020: $45,772Net Assets 2020: $2,981,2752020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$2,813,172
Liabilities$41,942
Net Assets$2,771,230

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $703,0992010Revenue 2011: $1,153,355Expenses 2011: $1,292,918Net Income 2011: -$139,5632011Expenses 2012: $1,310,6832012Revenue 2013: $1,293,197Expenses 2013: $1,322,533Net Income 2013: -$29,3362013Revenue 2014: $1,302,005Expenses 2014: $1,288,647Net Income 2014: $13,3582014Revenue 2015: $483,445Expenses 2015: $521,393Net Income 2015: -$37,9482015Revenue 2016: $1,357,949Expenses 2016: $1,311,231Net Income 2016: $46,7182016Revenue 2017: $1,587,825Expenses 2017: $1,454,090Net Income 2017: $133,7352017Revenue 2018: $1,556,856Expenses 2018: $1,342,672Net Income 2018: $214,1842018Revenue 2019: $1,614,536Expenses 2019: $1,659,671Net Income 2019: -$45,1352019Revenue 2020: $1,958,857Expenses 2020: $1,748,812Net Income 2020: $210,0452020Revenue 2021: $2,807,616Expenses 2021: $1,790,096Net Income 2021: $1,017,5202021

Highlighted filing

2019

Revenue$1,614,536
Expenses$1,659,671
Net Income-$45,135
Jump To
Filing Snapshot
Filing Period
Jun 1, 2018 to May 31, 2019
Signed
Apr 9, 2020
Return Version
2018v3.1
Gross Receipts
$1,614,536
Mission and Program Overview

Mission

The fund was established to provide apprenticeship and journeyman training, testing, education, job skill development and enhancement for the plumbers and pipefitter trades.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,729,389$1,827,862▲ $98,473
Savings and Temporary Cash Investments$907,091$573,802▼ $333,289
Accounts Receivable$13,840$302,967▲ $289,127
Land, Buildings, and Equipment, Net$64,230$84,912▲ $20,682
Inventories for Sale or Use$12,135$12,057▼ $78
Prepaid Expenses and Deferred Charges$16,673$11,573▼ $5,100
Cash and Non-Interest-Bearing Accounts-$-1-
Total Assets$2,743,358$2,813,172▲ $69,814
Liabilities
Accounts Payable and Accrued Expenses$34,287$41,942▲ $7,655
Total Liabilities$34,287$41,942▲ $7,655
Net Assets / Fund Balance
Unrestricted Net Assets$2,709,071$2,771,230▲ $62,159
Total Net Assets Fund Balance$2,709,071$2,771,230▲ $62,159
Total Liabilities and Net Assets / Fund Balance$2,743,358$2,813,172▲ $69,814

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,614$214,010$240,624
Leasehold Improvements$47,658$22,148$69,806
Other Land Buildings$133$67,096$67,229
Buildings$10,507$5,204$15,711
Compensation and Service Providers

Board Members and Trustees

NameTitle
Aaron RichardsTrustee
Brent BertrandTrustee
Gary ScheelTrustee
Pat BakerTrustee
Robert ThorntonTrustee
Ron HamrickTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,528,460
Investment Income
$86,076
Other Revenue
$0
Change in Net Assets
$-45,135

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,614,536
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,614,536
Total Revenue per Form 990
$1,614,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,301,314
Salaries, Compensation, and Employee Benefits$358,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$330,364--$330,364
Occupancy$294,000$6,000-$300,000
Travel$60,745--$60,745
Office Expenses$12,437$33,099-$45,536
Other Expenses$120,639$40,777-$40,777
Fees for Services Accounting-$31,830-$31,830
Payroll Taxes$27,993--$27,993
All Other Expenses$14,542$3,551-$18,093
Depreciation Depletion$6,980$142-$7,122
Fees for Services Legal-$1,132-$1,132
Total Functional Expenses$1,540,678$118,993$0$1,659,671

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,659,671
Total Expenses per Audited Statements$1,659,671
Total Expenses per Form 990$1,659,671
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

A copy of the form 990 is provided to the fund's governing body prior to filling with the irs.

Form 990, Part VI, Section B, Line 12C

The fund's policies and procedures are monitored and reviewed on an annual basis at trustee meetings.

Form 990, Part VI, Section B, Line 15

Compensation for officers and employees is negotiated in the collective bargaining agreement and fund's agreements. All compensation is approved by the board of trustees at the fund's business office.

Form 990, Part VI, Section C, Line 19

All documents are available for inspection at the fund's business office.

Filing and Contact Details

Filer

Filer Name
Austin Plumbers & Pipefitters Area Joint
EIN
74-1942353
Phone
5127757960
Address
PO BOX 7888, ROUND ROCK, TX 78683

Signing Officer

Name
Robert Thornton
Title
Trustee
Phone
5127757960
Signed
2020-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Reynolds
Formed
1977
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
33
Volunteers
0

Preparer

Firm
Harper & Pearson Company Pc
Address
ONE RIVERWAY SUITE 1900, HOUSTON, TX 77056
Preparer
Kevin E Bienvenu CPA
Phone
7136222310
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Prior period adjustment resulted from additional contributions receivable due at may 2018 that had not been properly recorded in the general ledger.

Financial Statement Notes

PART X, LINE 2:

The fund is exempt from federal income tax under section 501 (c) (5) of the internal revenue code. The fund's management reviews and evaluates its tax positions to determine whether or not there are uncertain tax positions that require financial statement recognition. Based on this review, no reserves for uncertain tax positions were required to have been recorded or disclosed for the years ended 05-31-19. With few exceptions, the fund is no longer subject to income tax examination by tax authorities for fiscal years preceding 05-31-16.

Raw XML Appendix391 raw XML fields

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/RevenueSubtotalAmt01614536
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501 (C) (5) OF THE INTERNAL REVENUE CODE. THE FUND'S MANAGEMENT REVIEWS AND EVALUATES ITS TAX POSITIONS TO DETERMINE WHETHER OR NOT THERE ARE UNCERTAIN TAX POSITIONS THAT REQUIRE FINANCIAL STATEMENT RECOGNITION. BASED ON THIS REVIEW, NO RESERVES FOR UNCERTAIN TAX POSITIONS WERE REQUIRED TO HAVE BEEN RECORDED OR DISCLOSED FOR THE YEARS ENDED 05-31-19. WITH FEW EXCEPTIONS, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR FISCAL YEARS PRECEDING 05-31-16.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt084912
IRS990ScheduleD/TotalExpensesPerForm990Amt01659671
IRS990ScheduleD/TotalRevenuePerForm990Amt01614536
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01614536
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01659671
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS PUBLISHED AND ALL LITERATURE AND MATERIALS ARE MADE PUBLIC BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE FUND'S GOVERNING BODY PRIOR TO FILLING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FUND'S POLICIES AND PROCEDURES ARE MONITORED AND REVIEWED ON AN ANNUAL BASIS AT TRUSTEE MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR OFFICERS AND EMPLOYEES IS NEGOTIATED IN THE COLLECTIVE BARGAINING AGREEMENT AND FUND'S AGREEMENTS. ALL COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AT THE FUND'S BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE FUND'S BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR PERIOD ADJUSTMENT RESULTED FROM ADDITIONAL CONTRIBUTIONS RECEIVABLE DUE AT MAY 2018 THAT HAD NOT BEEN PROPERLY RECORDED IN THE GENERAL LEDGER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02743358
IRS990/TotalAssetsEOYAmt02813172
IRS990/TotalAssetsGrp/BOYAmt02743358
IRS990/TotalAssetsGrp/EOYAmt02813172
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0118993
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01540678
IRS990/TotalFunctionalExpensesGrp/TotalAmt01659671
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034287
IRS990/TotalLiabilitiesEOYAmt041942
IRS990/TotalLiabilitiesGrp/BOYAmt034287
IRS990/TotalLiabilitiesGrp/EOYAmt041942
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02709071
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02771230
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01540678
IRS990/TotalProgramServiceRevenueAmt01528460
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01614536
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01614536
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02743358
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02813172
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt060745
IRS990/TravelGrp/TotalAmt060745
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02709071
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02771230
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 7888
IRS990/USAddress/CityNm0ROUND ROCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078683
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTPS://WWW.LOCAL286.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT THORNTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum05127757960
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AUSTIN PLUMBERS & PIPEFITTERS AREA JOINT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0APPRENTICE COMMITTEE TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0AUST
ReturnHeader/Filer/EIN0741942353
ReturnHeader/Filer/PhoneNum05127757960
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7888
ReturnHeader/Filer/USAddress/CityNm0ROUND ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078683
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BF4F165559061EB555DCD75753FA63D7971B59F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F66AFC027EA29974E7217447C66EC2439B5F7096
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-04-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:58:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0741695589
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HARPER & PEARSON COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE RIVERWAY SUITE 1900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07136222310
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN E BIENVENU CPA
ReturnHeader/ReturnTs02020-04-09T13:57:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-06-01
ReturnHeader/TaxPeriodEndDt02019-05-31
ReturnHeader/TaxYr02018

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