TRAINING RESOURCES OF AMERICA INC (EIN 042652922) - 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

KIM RADCLIFFE

Phone

5087970060

Tax Period

2024-07-01 to 2025-06-30

TRAINING RESOURCES OF AMERICA INC, founded in 1975, is a community nonprofit in the Employment sector that reported $2.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TRAINING RESOURCES OF AMERICA IS DEDICATED TO PROVIDING EDUCATIONALLY AND ECONOMICALLY DISADVANTAGED YOUTH AND ADULTS WITH THE OPPORTUNITY TO ACQUIRE THE BASIC EDUCATION, WORK AND LIFE SKILLS AND SUPPORT THEY NEED TO BECOME ECONOMICALLY SELF-SUFFICIENT, LEAD FULFILLING LIVES AND ENSURE A BETTER FUTURE FOR THEMSELVES AND THEIR FAMILIES.

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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 $2,888,506

Program Service Revenue $0

Investment Income $10,788

Other Revenue $670

TOTAL REVENUE $2,899,964

Expense Breakdown

Grants Paid $175,071

Salaries & Benefits $2,080,264

Fundraising Expenses $3,151

Program Expenses $2,392,059

Other Expenses $603,555

TOTAL EXPENSES $2,858,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,899,964	$2,677,648	+0.1%
Expenses	$2,858,890	$2,687,968	+0.1%
Net Income	$41,074	$-10,320	-5.0%

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

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

$189,045

Total Directors

$108,965

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MCNAMARA	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
JASON PALITSCH	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARIANNA RIEMER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DAN KILGORE	DIRECTOR	1.00	Director	$0	$0	$0
A DOUGLAS HADDAD	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN C MARCUM	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
EDWIN J WARD	DIRECTOR	1.00	Director	$0	$0	$0
KIM RADCLIFFE	PRESIDENT	40.00	Officer Director	$94,574	$14,391	$108,965
ASHLEY MATHERS	DIRECTOR	1.00	Director	$0	$0	$0
MARY GLEASON	CFO	36.00	Officer	$77,755	$2,325	$80,080

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	$2,899,964	$2,858,890	$1,512,396	$41,074
2024	$2,677,648	$2,687,968	$1,673,201	$-10,320
2023	$2,433,947	$2,524,446	$1,471,330	$-90,499
2022	$2,553,037	$2,472,649	$1,006,007	$80,388
2021	$3,207,716	$3,048,990	$971,916	$158,726

TRAINING RESOURCES OF AMERICA INC