Boilermakers National Apprentice Ship Fund FY2020 filing

Not tax-deductible

Kansas City, MO501(c)(5)Since 1964EIN 48-6116327Revenue $14.4M in FY2020

On file with the IRSbnap.com12200 N Ambassador Dr, 64163-1244 · Kansas City, MOTax-exempt since Aug 1964

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Boilermaker apprenticeship training

100¢ of each $1 spent went to programs.
$964K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.3M a year · 13% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$964K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
30 mo
of spending, in cash
Looks good: 30.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.4M
Spent
$11.2M
To programs
100%
Net assets
$48.2M
By yearFY2020–FY2024
Revenue
$14.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$14.4M
FY2021$16.3M
FY2022$17.2M
FY2023$18.1M
FY2024$18.8M
Expenses
$11.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$11.2M
FY2021$12.8M
FY2022$15.9M
FY2023$15.9M
FY2024$17.7M
Net assets
$48.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$48.2M
FY2021$51.7M
FY2022$52.8M
FY2023$55.1M
FY2024$56.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $11.2M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $964K paid to officers and key staff.

Part VII, Section A · reportable compensation
$193,030Pt VII · Sec A
Ne Administr
$174,131Pt VII · Sec A
Ne Coordinat
$164,985Pt VII · Sec A
Western Coor
$155,856Pt VII · Sec A
National COO
$144,929Pt VII · Sec A
Se Coordinat
$131,148Pt VII · Sec A
Intl Vice PR
$0Pt VII · Sec A
Dir of Natl
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2022FY2021FY2020
Lawrence McManamon JR$201,012$210,407$193,030
Jason Dupuis$188,309$189,923$174,131
Stephen Murphy$177,992$179,905$164,985
Collin Keisling$167,178$157,979$155,856
Mark Wertz$162,507$157,007$144,929
Eric Olson$141,921$135,591$131,148

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Trains apprentices for skilled boilermaker careers.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

Collectively bargained LABOR/MANAGEMENT training program for the boilermaker trade. At present 2,295 workers are enrolled in apprenticeship training. During 2020, 300 workers completed the training program.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$14.4M
Ln 12
Fees for servicesLn 2g$13.2M
Investment incomeLn 3$1000K
Gifts and grantsLn 1h$170K
Money outPt IX
$11.2M
Ln 25
Programscol B$11.2M
Owns and owesPt X
$48.2M
net assets · Ln 32
Cash and savingsLn 1–2$28.0M
Total assetsLn 16$49.4M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$170K
Government grantsLn 1e$170K
Noncash giftsLn 1g$111K
Fees for servicesLn 2g$13.2M
Investment incomeLn 3$1000K
Other incomeLn 4–11$48K
Gains on assetsLn 7$183K
Total revenueLn 12$14.4M
Assets in detailPt X, end of year
CashLn 1$580K
SavingsLn 2$27.4M
Cash and savings togetherLn 1–2$28.0M
InvestmentsLn 11–13$12.7M
Land, buildings, equipmentLn 10c$8.6M
Other assetsLn 15$6K
Total assetsLn 16$49.4M
LiabilitiesLn 26$1.2M
Net assetsLn 32$48.2M
OperationsPt I, VI
EmployeesI 542
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$25.9M$28.0M
InvestmentsLn 11–13$11.8M$12.7M
Land, buildings, equipmentLn 10c$8.8M$8.6M
Total assetsLn 16$46.6M$49.4M
LiabilitiesLn 26$1.6M$1.2M
Net assetsLn 32$44.9M$48.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.8M$1.8M
Other salaries and wagesLn 7$723K$723K
Pension plan contributionsLn 8$557K$557K
Other employee benefitsLn 9$242K$242K
Payroll taxesLn 10$131K$131K
Legal feesLn 11b$118K$118K
Accounting feesLn 11c$153K$153K
Investment management feesLn 11f$68K$68K
Advertising and promotionLn 12$13K$13K
Office expensesLn 13$336K$336K
Information technologyLn 14$11K$11K
OccupancyLn 16$188K$188K
TravelLn 17$46K$46K
Conferences, conventions and meetingsLn 19$89K$89K
Depreciation, depletion and amortizationLn 22$515K$515K
InsuranceLn 23$244K$244K
Other expenses (24a–d)Ln 24$6.0M$6.0M
All other expensesLn 24e$25K$25K
Total functional expensesLn 25$11.2M$11.2M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $18.8M$17.7M$1.0M$56.3M 990 PDF
FY2023 $18.1M$15.9M$2.3M$55.1M 990 PDF
FY2022 $17.2M$15.9M$1.3M$52.8M 990 PDF
FY2021 $16.3M$12.8M$3.5M$51.7M 990 PDF
FY2020 Viewing $14.4M$11.2M$3.2M$48.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $14,428,531 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $55,718$169,954
I-9 Program service revenuePrior year $18,020,292$13,211,159
I-10 Investment incomePrior year $930,797$999,638
I-11 Other revenuePrior year $28,275$47,780
I-12 Total revenuePrior year $19,035,082$14,428,531
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,565,103$3,417,263
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $9,963,002$7,767,973
I-18 Total expensesPrior year $13,528,105$11,185,236
I-19 Revenue less expensesPrior year $5,506,977$3,243,295
Part VI · Governance 13 of 13 board members independent, 2 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $14,428,531 across 8 lines filed
VIII-1e Government grants$169,954
VIII-1g Noncash contributions (included above)$110,975
VIII-1h Total contributions, gifts and grants$169,954
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,211,159$13,211,159
VIII-3 Investment incomeExcluded from tax $816,239$816,239
VIII-6 Net rental income or lossExcluded from tax $47,780$47,780
VIII-7 Net gain or loss on sales of assetsExcluded from tax $183,399$183,399
VIII-12 Total revenueRelated to mission $13,211,159 · Excluded from tax $1,047,418$14,428,531
Part IX · Statement of functional expenses $11,185,236 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,763,482$1,763,482
IX-7 Other salaries and wagesPrograms $723,206$723,206
IX-8 Pension plan contributionsPrograms $557,362$557,362
IX-9 Other employee benefitsPrograms $242,053$242,053
IX-10 Payroll taxesPrograms $131,160$131,160
IX-11b Legal feesPrograms $118,343$118,343
IX-11c Accounting feesPrograms $152,900$152,900
IX-11f Investment management feesPrograms $68,348$68,348
IX-12 Advertising and promotionPrograms $12,677$12,677
IX-13 Office expensesPrograms $335,781$335,781
IX-14 Information technologyPrograms $10,979$10,979
IX-16 OccupancyPrograms $187,837$187,837
IX-17 TravelPrograms $46,326$46,326
IX-19 Conferences, conventions and meetingsPrograms $88,883$88,883
IX-22 Depreciation, depletion and amortizationPrograms $515,401$515,401
IX-23 InsurancePrograms $243,670$243,670
IX-24 Other expenses (24a–d)Programs $5,961,855$5,961,855
IX-24e All other expensesPrograms $24,973$24,973
IX-25 Total functional expensesPrograms $11,185,236 · Management $0 · Fundraising $0$11,185,236
Part X · Balance sheet $49,382,317 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $694,906$579,880
X-2 Savings and temporary cash investmentsStart of year $25,248,653$27,438,407
X-10c Land, buildings and equipment, netStart of year $8,812,413$8,649,642
X-11 Publicly traded securitiesStart of year $11,793,415$12,708,407
X-15 Other assetsStart of year $4,592$5,981
X-16 Total assetsStart of year $46,553,979$49,382,317
X-17 Accounts payable and accrued expensesStart of year $3,251$3,332
X-25 Other liabilitiesStart of year $1,620,684$1,205,646
X-26 Total liabilitiesStart of year $1,623,935$1,208,978
X-32 Total net assets or fund balancesStart of year $44,930,044$48,173,339
X-33 Total liabilities and net assetsStart of year $46,553,979$49,382,317
Part XI · Reconciliation of net assets $48,173,339 net assets at year end
XI-1 Total revenue$14,428,531
XI-2 Total expenses$11,185,236
XI-3 Revenue less expenses$3,243,295
XI-4 Net assets at start of year$44,930,044
XI-10 Net assets at end of year$48,173,339

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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