Civic Intelligence

Western States Operating Engineers Training Trust

990 • Fiscal year 2015 • EIN 91-0788903

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

111 W Cataldo Suite 220Spokane, WA 99201

(509) 235-9393

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

28th percentile

0.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

24th percentile

-7.0%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

25th percentile

-4.2%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

29th percentile

-4.9%

Faster revenue growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,449,823

Down $63,681 (-4.2%) from 2014

Net Assets

Down

$1,424,884

Down $61,001 (-4.1%) from 2014

Liabilities

Down

$24,939

Down $2,680 (-9.7%) from 2014

Revenue

Down

$866,697

Down $45,055 (-4.9%) from 2014

Expenses

Up

$927,698

Up $76,176 (+8.9%) from 2014

Net Income

Down

-$61,001

Down $121,231 (-201%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,557,256Liabilities 2010: $10,051Net Assets 2010: $1,547,2052010Assets 2011: $1,632,459Liabilities 2011: $3,586Net Assets 2011: $1,628,8732011Assets 2012: $1,462,222Liabilities 2012: $24,249Net Assets 2012: $1,437,9732012Assets 2013: $1,446,656Liabilities 2013: $21,001Net Assets 2013: $1,425,6552013Assets 2014: $1,513,504Liabilities 2014: $27,619Net Assets 2014: $1,485,8852014Assets 2015: $1,449,823Liabilities 2015: $24,939Net Assets 2015: $1,424,8842015Assets 2016: $1,579,064Liabilities 2016: $40,553Net Assets 2016: $1,538,5112016Assets 2017: $1,802,226Liabilities 2017: $40,155Net Assets 2017: $1,762,0712017Assets 2018: $1,905,294Liabilities 2018: $10,531Net Assets 2018: $1,894,7632018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$1,449,823
Liabilities$24,939
Net Assets$1,424,884

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $847,2312010Expenses 2011: $908,9232011Expenses 2012: $998,5432012Revenue 2013: $817,817Expenses 2013: $830,135Net Income 2013: -$12,3182013Revenue 2014: $911,752Expenses 2014: $851,522Net Income 2014: $60,2302014Revenue 2015: $866,697Expenses 2015: $927,698Net Income 2015: -$61,0012015Revenue 2016: $816,478Expenses 2016: $702,851Net Income 2016: $113,6272016Revenue 2017: $852,704Expenses 2017: $638,516Net Income 2017: $214,1882017Revenue 2018: $964,295Expenses 2018: $831,603Net Income 2018: $132,6922018Revenue 2019: $966,609Expenses 2019: $2,861,372Net Income 2019: -$1,894,7632019

Highlighted filing

2015

Revenue$866,697
Expenses$927,698
Net Income-$61,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$866,697
Mission and Program Overview

Mission

To establish and maintain a program for the education and training of journey worker and apprentice operating engineers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,485,885$1,424,884▼ $61,001
Land, Buildings, and Equipment, Net$1,166,577$1,067,632▼ $98,945
Savings and Temporary Cash Investments$292,537$333,642▲ $41,105
Accounts Receivable$49,894$46,274▼ $3,620
Prepaid Expenses and Deferred Charges$4,496$2,275▼ $2,221
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,513,504$1,449,823▼ $63,681
Liabilities
Accounts Payable and Accrued Expenses$27,619$24,939▼ $2,680
Total Liabilities$27,619$24,939▼ $2,680
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,485,885$1,424,884▼ $61,001
Total Liabilities and Net Assets / Fund Balance$1,513,504$1,449,823▼ $63,681

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$790,509$1,590,803$2,381,312
Land$277,123-$277,123
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike NobleLabor Trustee
Bruce StempManagement Trustee
Curt Koegen SecretaryTrustee
James GarrettTrustee
Jamie TibbitsTrustee
Ken Gibson ChairmanTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$866,503
Investment Income
$194
Other Revenue
$0
Change in Net Assets
$-61,001

Audited Revenue Reconciliation

Revenue per Audited Statements
$866,697
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$866,697
Total Revenue per Form 990
$866,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$576,659
Other Expenses$351,039
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$376,691--$376,691
Other Employee Benefits$154,800--$154,800
Depreciation Depletion$125,753--$125,753
Payroll Taxes$45,168--$45,168
All Other Expenses$31,159--$31,159
Insurance$24,479--$24,479
Occupancy$19,358--$19,358
Fees for Services Management$18,780--$18,780
Office Expenses$16,300--$16,300
Other Expenses$13,517--$13,517
Fees for Services Accounting$10,511--$10,511
Fees for Services Legal$6,867--$6,867
Travel$5,216--$5,216
Fees for Services Other$3,981--$3,981
Conferences and Meetings$2,121--$2,121
Information Technology$898--$898
Total Functional Expenses$927,698$0$0$927,698

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$927,698
Total Expenses per Audited Statements$927,698
Total Expenses per Form 990$927,698
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
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 11

The draft 990 is distributed to all trustees for review.

Form 990, Part VI, Section C, Line 19

The governing documents and policies are not available to the public.

Filing and Contact Details

Filer

Filer Name
Western States Operating Engineers
EIN
91-0788903
Phone
5092359393
Address
111 W CATALDO SUITE 220, SPOKANE, WA 99201

Signing Officer

Name
Curt Koegen
Title
Secretary
Phone
5092359393
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curt Koegen
Formed
1965
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
16
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
601 WEST RIVERSIDE SUITE 700, SPOKANE, WA 99201-0622
Preparer
Brian Shull
Phone
5093636300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight process and method of selecting the independent auditor has not changed from prior years.

Financial Statement Notes

PART X, LINE 2:

The internal revenue service (irs) has determined and informed the trust by letter that the trust and related trust are designated in accordance with applicable sections of the internal revenue code (code). The trust has been amended since receiving the determination letter. However, the trust sponsor believes that the trust is designed and is currently being operated in compliance with the applicable requirements of the code. Accounting principles generally accepted in the united states of america require trust management to evaluate tax positions taken by the trust and recognize a tax liability (or asset) if the trust has taken an uncertain position that more likely than not would not be sustained upon examination by the irs. The trust administrator has analyzed the tax positions taken by the trust, and has concluded that as of december 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The trust administrator believes it is no longer subject to income tax examinations for years prior to 2012.

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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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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt025022
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0153733
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IRS990ScheduleA/PublicSupportPY509Pct00.96220
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED AND INFORMED THE TRUST BY LETTER THAT THE TRUST AND RELATED TRUST ARE DESIGNATED IN ACCORDANCE WITH APPLICABLE SECTIONS OF THE INTERNAL REVENUE CODE (CODE). THE TRUST HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE TRUST SPONSOR BELIEVES THAT THE TRUST IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE TRUST MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE TRUST ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE TRUST ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT 990 IS DISTRIBUTED TO ALL TRUSTEES FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS AND POLICIES ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OVERSIGHT PROCESS AND METHOD OF SELECTING THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0927698
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt024939
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01485885
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01424884
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0927698
IRS990/TotalProgramServiceRevenueAmt0866503
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0194
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0866503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0866697
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01513504
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01449823
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05216
IRS990/TravelGrp/TotalAmt05216
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTERN STATES OPERATING ENGINEERS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING TRUST
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPOKANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0992010622
ReturnHeader/PreparerPersonGrp/PhoneNum05093636300
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN SHULL
ReturnHeader/ReturnTs02016-11-11T12:39:09-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01

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