CENTER FOR FINANCIAL TRAINING INC (EIN 061367018) - 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

1993

Legal Domicile

Principal Officer

MARTA W CAREY

Phone

8007955242

Tax Period

2024-07-01 to 2025-06-30

CENTER FOR FINANCIAL TRAINING INC, founded in 1993, is a small nonprofit in the Education sector that reported $751K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $997K exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDING CONTINUING EDUCATION PROGRAMS AND SEMINARS IN ACCODANCE WITH THE EXPECTATIONS OF FINANCIAL INSTITUTIONS

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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 $678,785

Investment Income $33,675

Other Revenue $38,436

TOTAL REVENUE $750,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $518,284

Fundraising Expenses $0

Program Expenses $683,230

Other Expenses $478,700

TOTAL EXPENSES $996,984

Year-over-Year Comparison

	2024	2023	Change
Revenue	$750,896	$1,370,185	-0.5%
Expenses	$996,984	$1,430,700	-0.3%
Net Income	$-246,088	$-60,515	+3.1%

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

$236,438

Total Directors

$343,372

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE RASKEVITZ	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARTA CAREY	PRESIDENT & CEO	40.00	Officer Director	$201,311	$35,127	$236,438
WILLIAM CALDERARA	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE CONNORS	DIRECTOR	1.00	Director	$0	$0	$0
MARC HENDRIKSON	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CHRIS PADGETT	DIRECTOR	1.00	Director	$0	$0	$0
RALPH SCHANK	DIRECTOR	1.00	Director	$0	$0	$0
RENEE FEW	ASSISTANT VICE PRESIDENT	40.00	Director	$81,147	$25,787	$106,934
KIMBERLY TUTTLE	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	$750,896	$996,984	$752,507	$-246,088
2024	No data	No data	No data	No data
2023	$1,408,196	$1,308,542	$1,045,789	$99,654
2022	$1,573,505	$1,134,127	$825,987	$439,378
2021	$1,009,039	$671,741	$436,237	$337,298
2020	$1,630,259	$1,866,451	$309,975	$-236,192
2019	$2,385,291	$2,635,122	$435,202	$-249,831
2018	$2,799,949	$2,933,101	$767,446	$-133,152

CENTER FOR FINANCIAL TRAINING INC