SKYLINE TECHNICAL FUND INC C/O KAREN DUFFY

EIN: 202649211 501(c)(3) Education

PRINCETON, MA

Total Revenue
$155,090
Total Expenses
$73,116
Total Assets
$670,753
Net Assets
$653,003
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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
2005
Legal Domicile
MA
Principal Officer
KAREN DUFFY
Phone
5087366187
Tax Period
2024-01-01 to 2024-12-31

SKYLINE TECHNICAL FUND INC C/O KAREN DUFFY, founded in 2005, is a small nonprofit in the Education sector that reported $155K in total revenue in fiscal year 2024. Revenue surged 284% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 53% operating margin.

Mission

TO SUPPORT CURRENT AND FUTURE TRAINING COURSES AT THE WORCESTER TECHNICAL HIGH SCHOOL, TO SOLICIT PUBLIC AND PRIVATE CONTRIBUTIONS AND ENGAGE IN FUNDRAISING ACTIVITIES TO FURTHER SUPPORT AND DIRECTLY BENEFIT THE COURSES, PROGRAMS, STUDENTS AND FACULTY AT THE WORCESTER TECHNICAL HIGH SCHOOL; AND TO PROMOTE AWARENESS THROUGHOUT THE GREATER WORCESTER COMMUNITY OF THE MISSION OF THE WORCESTER TECHNICAL HIGH SCHOOL.

Program Service Accomplishments

Program 1
Expenses: $58,462

SUPPORT OF PROGRAMS AT THE WORCESTER TECHNICAL HIGH SCHOOL

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $139,015
Program Service Revenue $0
Investment Income $16,075
Other Revenue $0
TOTAL REVENUE $155,090

Expense Breakdown

Grants Paid $44,392
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,462
Other Expenses $28,724
TOTAL EXPENSES $73,116

Year-over-Year Comparison

2024 2023 Change
Revenue $155,090 $40,407 +2.8%
Expenses $73,116 $87,628 -0.2%
Net Income $81,974 $-47,221 -2.7%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYLE BRENNER CLERK 2.00
Officer Director
$0 $0 $0
WALTER SHEA DIRECTOR 2.00
Director
$0 $0 $0
KAREN DUFFY TREASURER 2.00
Officer Director
$0 $0 $0
SHEILA HARRITY PRESIDENT 2.00
Officer 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 No data No data No data No data
2024 $155,090 $73,116 $670,753 $81,974
2023 $40,407 $87,628 $571,029 $-47,221
2022 $19,335 $90,740 $618,250 $-71,405
2021 $73,670 $77,383 $720,431 $-3,713
2021 $76,314 $108,705 $717,009 $-32,391
2020 $174,274 $155,612 $724,144 $18,662
2019 $34,763 $155,383 $706,884 $-120,620
2018 $277,038 $377,936 $828,804 $-100,898
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