POWER & SYSTEMS TRAINING INC (EIN 042565437) - 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

1975

Legal Domicile

Principal Officer

JEFF BOUDRO

Phone

5089428452

Tax Period

2024-06-01 to 2025-05-31

POWER & SYSTEMS TRAINING INC, founded in 1975, is a small nonprofit that reported $609K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $555K left a modest 9% surplus.

Mission

EDUCATIONAL SEMINARS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $403,520

Investment Income $15,713

Other Revenue $189,937

TOTAL REVENUE $609,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $421,867

Fundraising Expenses $0

Program Expenses $260,635

Other Expenses $133,622

TOTAL EXPENSES $555,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$609,170	$901,096	-0.3%
Expenses	$555,489	$544,347	+0.0%
Net Income	$53,681	$356,749	-0.8%

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
JEFF BOUDRO	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
DONOVAN HALL	TREASURER	1.00	Officer Director	$0	$0	$0
KATHLEEN KENNEY	SECRETARY	1.00	Officer Director	$0	$0	$0
TELLE WHITNEY	CHAIR	1.00	Officer Director	$0	$0	$0
TRACIE REVEAL SHIPMAN	DIRECTOR	1.00	Director	$0	$0	$0
JAMI TOWN	DIRECTOR	1.00	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
2025	$609,170	$555,489	$982,709	$53,681
2024	No data	No data	No data	No data
2023	$510,784	$449,970	$630,891	$60,814
2022	$385,301	$468,816	$606,519	$-83,515
2021	$319,356	$422,082	$494,678	$-102,726
2020	$584,688	$571,611	$593,256	$13,077
2019	$765,417	$739,826	$673,534	$25,591
2018	$717,658	$1,079,968	$497,295	$-362,310

POWER & SYSTEMS TRAINING INC