Shba Training Trust EIN 91-1483985 Form 990 (PDF) Claim this org

Shba Training Trust

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Trains students and adults for residential construction careers through school and industry partnerships. For fiscal year 2024 it reported $370K in revenue, $263K in expenses, and $26K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Spokane Vly, WA
Filings
5 on file (2020–2024)
Revenue
$370KFY2024
Expenses
$263K
Net assets
$26K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-1483985 Public charity (501(c)(3)) Spokane Vly, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Trains students and adults for residential construction careers through school and industry partnerships.
Leadership
Fred Anderson · Trustee
Money in and out
$370K revenue, $263K expenses
Bottom line
91% program efficiency
Where the money goes · FY2024
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$26K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $107K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
0.7mo
months of highly liquid reserves at operating expense rate▲ +333% vs prior filing year
Surplus margin
+29%
revenue over expenses, this year▲ +122% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$370K
FY2024▲ +111%
Expenses
$263K
FY2024▼ -35%
Total assets
$187K
FY2024▲ ×155
Total liabilities
$161K
FY2024▲ +95%
Total revenue
$370K
Pt VIII · Ln 12
Total expenses
$263K
Pt IX · Ln 25
Net assets
$26K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$107K
Total assetsPt X · Ln 16$187K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShba Training Trust
EINHdr · item D91-1483985
Principal addressHdr · item CSpokane Vly, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A99Z)
Ruling yearIRS BMFAug 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $206K of program spending, described in the organization's own filed words · FY2024.
01

Provided ongoing training for pre-apprentice and apprentice construction workers including instruction and on-the job experience in accordance with state guidlines.

$206Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$370K
Investment income$38
Total revenueLn 12$370K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$239K
Management & general9%$23K
Total functional expensesLn 25$263K

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$187K
Total liabilitiesLn 26$161K
Total net assetsLn 32$26K
Months of cash on handcomputed0.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16K · Operating expenses/yr $263K
0.7 months
Where the money goes
Program services
Program services $239K · Total expenses $263K
91%
Management & General
Management & general $23K · Total expenses $263K
9%
Fundraising
Fundraising $0 · Total expenses $263K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $259K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $370K · Total revenue $370K
100%
Government reliance
Government grants — · Total revenue $370K
Earned-income share
Program service revenue $0 · Total revenue $370K
0%
Investment reliance
Investment income $38 · Total revenue $370K
+0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $263K
0%
Growth & trend
Revenue growth (YoY)
This year $370K · Prior year $175K
+111%
Revenue CAGR
FY2020 $109K · FY2024 $370K
+36%
Net-asset trend (YoY)
End of year $26K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $370K · Expenses $263K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $187K
Net-asset ratio
Net assets $26K · Total assets $187K
14%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $187K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Fred Anderson · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $263K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $263K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 111%
Legal fee ratio 0.2%
Accounting fee ratio 8%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$370K revenue · viewing · ⤓ 990 PDF
FY2023$175K revenue · ⤓ 990 PDF
FY2022$231K revenue · ⤓ 990 PDF
FY2021$44K revenue · ⤓ 990 PDF
FY2020$109K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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