SEIU HEALTHCARE PA TRAINING & EDUCATION FUND (EIN 016254546) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

MATTHEW YARNELL

Phone

7176528040

Tax Period

2023-01-01 to 2023-12-31

SEIU HEALTHCARE PA TRAINING & EDUCATION FUND, founded in 2006, is a community nonprofit in the Mutual Benefit sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $653K, a strong 36% operating margin.

Mission

TO PROVIDE TRAINING & EDUCATION PROGRAMS TO ENHANCE THE SKILLS OF THE MEMBERS OF SERVICE EMPLOYEES INTERNATIONAL UNION (SEIU)

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,787,920

Investment Income $5,451

Other Revenue $17,036

TOTAL REVENUE $1,810,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $977,180

TOTAL EXPENSES $1,157,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,810,407	$1,359,825	+0.3%
Expenses	$1,157,170	$1,081,277	+0.1%
Net Income	$653,237	$278,548	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONYA MORROW-WAGNER	TRUSTEE	N/A	Director	$0	$0	$0
DON POTE	TRUSTEE	N/A	Director	$0	$0	$0
REGINA SIMMONS	TRUSTEE	N/A	Director	$0	$0	$0
MATTHEW YARNELL	TRUSTEE	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,810,407	$1,157,170	$1,513,814	$653,237
2022	$1,359,825	$1,081,277	$854,886	$278,548
2021	$1,292,588	$1,296,510	$589,289	$-3,922
2020	$1,569,913	$1,318,871	$610,769	$251,042
2019	$1,691,339	$1,748,594	$345,258	$-57,255
2018	$1,426,204	$1,514,520	$440,866	$-88,316

SEIU HEALTHCARE PA TRAINING & EDUCATION FUND