EMPLOYMENT TECHNOLOGY INC

EIN: 232441462 501(c)(3) Employment

READING, PA

Total Revenue
$466,966
Total Expenses
$485,692
Total Assets
$92,783
Net Assets
$76,070
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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
1987
Legal Domicile
PA
Principal Officer
THEODORE RYSZ
Phone
2152308818
Tax Period
2024-07-01 to 2025-06-30

EMPLOYMENT TECHNOLOGY INC, founded in 1987, is a small nonprofit in the Employment sector that reported $467K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THE MISSION OF EMPLOYMENT TECHNOLOGY, INC. (ETI) IS TO PROVIDE PERSONS WITH SEVERE DISABILITIES WITH THE OPPORTUNITY TO SUCCESSFULLY OBTAIN VALUED WORK IN REAL COMMUNITY JOBS, AND TO EARN COMPETITIVE WAGES WHICH WILL ENHANCE THEIR STANDARD OF LIVING., THEIR STATUS AS CITIZENS, THEIR SELF-IMAGE AND THEIR INTEGRATION INTO SOCIETY. ETI ADHERES TO THE PRINCIPLES OF CONSUMER SELF-DETERMINATION AND EVERYDAY LIVES.

Program Service Accomplishments

Program 1
Expenses: $419,115

FOR THE YEAR ENDED JUNE 30, 2025, THE AGENCY SERVED 110 INDIVIDUALS WITH MODERATE TO SEVERE HANDICAPS BY PROVIDING THE INDIVIDUALS WITH JOB DEVELOPMENT, JOB TRAINING AND FOLLOW-UP SERVICES.

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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 $466,285
Program Service Revenue $0
Investment Income $664
Other Revenue $17
TOTAL REVENUE $466,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $410,635
Fundraising Expenses $0
Program Expenses $419,115
Other Expenses $75,057
TOTAL EXPENSES $485,692

Year-over-Year Comparison

2024 2023 Change
Revenue $466,966 $494,012 -0.1%
Expenses $485,692 $483,298 +0.0%
Net Income $-18,726 $10,714 -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
3
Independent Members
2
Employees
26
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
2
$41,961
Total Directors
3
$41,961
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N CHRIS CARABELLO EXECUTIVE DIRECTOR 40.00
Officer Director
$41,961 $0 $41,961
COURTNEY HERFORD PRESIDENT OF THE BOARD 0.50
Officer Director
$0 $0 $0
VIRGINIA CIMORELLI BOARD MEMBER 0.50
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 $466,966 $485,692 $92,783 $-18,726
2024 No data No data No data No data
2023 $479,406 $450,606 $105,814 $28,800
2022 $470,130 $517,049 $84,517 $-46,919
2021 $514,030 $570,300 $109,312 $-56,270
2020 $722,574 $590,081 $171,100 $132,493
2019 $565,934 $605,050 $100,794 $-39,116
2018 $647,621 $641,564 $126,167 $6,057
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