MATERIALS TECHNOLOGY INSTITUTE INC (EIN 132892392) - 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

1976

Legal Domicile

Principal Officer

HEATHER ALLAIN

Phone

3145674111

Tax Period

2024-01-01 to 2024-12-31

MATERIALS TECHNOLOGY INSTITUTE INC, founded in 1976, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 5% surplus.

Mission

COOPERATIVE RESEARCH PROJECTS

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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 $2,890,954

Investment Income $120,209

Other Revenue $2,474

TOTAL REVENUE $3,013,637

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,019,466

Fundraising Expenses $0

Program Expenses $2,314,076

Other Expenses $1,836,859

TOTAL EXPENSES $2,856,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,013,637	$2,556,624	+0.2%
Expenses	$2,856,325	$2,177,682	+0.3%
Net Income	$157,312	$378,942	-0.6%

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

$151,786

Total Directors

$151,786

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER ALLAIN	EXECUTIVE DIRECTOR	32.00	Officer Director	$151,786	$0	$151,786
DAVID BARBER	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL BIEBER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARC COOK	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA DESAI	BOARD MEMBER	1.00	Director	$0	$0	$0
DRAGON HAO	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID COLE	BOARD MEMBER	1.00	Director	$0	$0	$0
ANETTE HANSSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CURTIS HUDDLE	BOARD MEMBER	1.00	Director	$0	$0	$0
SRINI KESAVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER LARIMORE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBRA MCCAULEY	BOD CHAIR	1.00	Director	$0	$0	$0
MEGHAN OAKS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA JOSE LANDEIRA OESTERGAARD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW RENTSCH	BOD VICE CHAIR	1.00	Director	$0	$0	$0
MURRAY PEARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MAURICE WADLEY	BOARD MEMBER	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
2024	$3,013,637	$2,856,325	$4,296,305	$157,312
2023	$2,556,624	$2,177,682	$3,908,063	$378,942
2022	$2,455,959	$2,491,783	$3,425,002	$-35,824
2021	$2,286,032	$2,057,676	$3,834,705	$228,356
2020	$2,591,315	$1,836,350	$3,502,874	$754,965
2019	$2,412,256	$1,965,406	$2,747,548	$446,850
2018	$2,273,472	$2,154,072	$2,162,846	$119,400

MATERIALS TECHNOLOGY INSTITUTE INC