Explore The Trades
Bridging the technical talent gap to the service trades of plumbing, heating, cooling and electrical.
Explore The Trades
EIN: 20-3547319
as of September 2023
as of September 18, 2023
Programs and results
What we aim to solve
Explore The Trades is focused on bridging the technical talent gap in the residential service trades of plumbing, heating, cooling (HVAC) and electrical. Through engagement activities, a job network of over 800 residential service companies in North America and providing education about a career in the skilled trades, Explore The Trades is lessening the skilled labor shortage and strengthening communities by building talent for small businesses.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Explore the Trades
Explore the Trades actively drives young adults, ages 15-25, into the PHCE service industry through education of students, businesses and schools. Using real world statistics, advocacy and outreach to potential employees to build awareness about these careers, Explore the Trades provides recruiting materials for educators, school counselors, employers and parents.
Where we work
External reviews

Videos
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Explore The Trades' goals are focused on creating talent networks for residential service businesses throughout North America and connecting individuals with well-paying, in-demand and essential jobs in communities throughout the country. Careers in plumbing, heating, cooling (HVAC) and electrical keep our communities running and because of these skilled tradespeople, we enjoy clean water, power and comfortable living environments.
What are the organization's key strategies for making this happen?
Explore The Trades creates connections with industry-leading companies, curates marketing collateral that illustrates the career growth opportunities for these skilled trades and creates video and social media resources that can be used by both educators and contractors.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Financials
Revenue vs. expenses: breakdown
Liquidity in 2021 info
40.94
Months of cash in 2021 info
74.2
Fringe rate in 2021 info
15%
Funding sources info
Assets & liabilities info
Financial data
Explore The Trades
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Explore The Trades’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $251,252 | $397,849 | $146,138 | $403,995 | $24,638 |
As % of expenses | 78.7% | 168.1% | 45.0% | 183.7% | 10.1% |
Unrestricted surplus (deficit) after depreciation | $250,996 | $397,721 | $146,138 | $403,995 | $24,638 |
As % of expenses | 78.5% | 168.0% | 45.0% | 183.7% | 10.1% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $514,884 | $664,062 | $412,220 | $575,348 | $265,644 |
Total revenue, % change over prior year | 41.3% | 29.0% | -37.9% | 39.6% | -53.8% |
Program services revenue | -0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 1.2% | 1.8% | 6.3% | 4.3% | 13.8% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 94.5% | 98.2% | 92.3% | 95.6% | 71.0% |
Other revenue | 4.4% | 0.0% | 1.4% | 0.1% | 15.2% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $319,398 | $236,611 | $324,502 | $219,938 | $242,825 |
Total expenses, % change over prior year | -13.3% | -25.9% | 37.1% | -32.2% | 10.4% |
Personnel | 38.3% | 34.0% | 35.2% | 49.8% | 44.9% |
Professional fees | 7.2% | 9.1% | 7.1% | 4.7% | 11.2% |
Occupancy | 0.0% | 8.1% | 5.9% | 8.7% | 7.9% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 17.8% | 21.8% | 9.7% | 0.0% | 0.0% |
All other expenses | 36.7% | 27.0% | 42.2% | 36.8% | 36.0% |
Full cost components (estimated) info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $319,654 | $236,739 | $324,502 | $219,938 | $242,825 |
One month of savings | $26,617 | $19,718 | $27,042 | $18,328 | $20,235 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $0 |
Total full costs (estimated) | $346,271 | $256,457 | $351,544 | $238,266 | $263,060 |
Capital structure indicators
Liquidity info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Months of cash | 17.0 | 38.0 | 38.7 | 65.7 | 74.2 |
Months of cash and investments | 17.0 | 38.0 | 38.7 | 65.7 | 74.2 |
Months of estimated liquid unrestricted net assets | 18.8 | 45.6 | 38.6 | 79.0 | 72.8 |
Balance sheet composition info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Cash | $452,554 | $749,635 | $1,045,933 | $1,204,708 | $1,500,492 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $52,324 | $164,406 | $9,851 | $261,810 | $0 |
Gross land, buildings, equipment (LBE) | $8,146 | $7,217 | $5,766 | $5,766 | $5,766 |
Accumulated depreciation (as a % of LBE) | 97.1% | 100.0% | 100.0% | 100.0% | 100.0% |
Liabilities (as a % of assets) | 3.8% | 2.2% | 2.2% | 1.4% | 2.4% |
Unrestricted net assets | $0 | $0 | $0 | $0 | $0 |
Temporarily restricted net assets | $0 | $0 | N/A | N/A | N/A |
Permanently restricted net assets | $0 | $0 | N/A | N/A | N/A |
Total restricted net assets | $0 | $0 | $0 | $0 | $0 |
Total net assets | $500,467 | $898,188 | $1,044,326 | $1,448,321 | $1,472,959 |
Key data checks
Key data checks info | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Executive Director
Katherine Cinnamo
Number of employees
Source: IRS Form 990
Explore The Trades
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Explore The Trades
Board of directorsas of 06/09/2023
Board of directors data
Gregg D'Attile
Art Plumbing, A/C & Electric
Term: 2017 - 2023
Peggy Hildebrandt
Connors Plumbing & Heating
Lara Beltz
Beltz Home Service Co.
Marty Cullen
Perfect Plumbing, Heating & Air
Mike Barker
Barker & Sons Plumbing
Phil Smitherman
Aux Mechanical
Mike Bergstrom
Thornton & Grooms
Julian Scadden
Nexstar Network
Lauren Martin
Seaside Plumbing
Anthony Caccia
Caccia Plumbing
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
Disability
We do not display disability information for organizations with fewer than 15 staff.
Equity strategies
Last updated: 04/28/2022GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.