POWER TOOL INSTITUTE INC (EIN 237258534) - 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

1969

Legal Domicile

Principal Officer

SUSAN ORENGA

Phone

2162417333

Tax Period

2023-01-01 to 2023-12-31

POWER TOOL INSTITUTE INC, founded in 1969, is a small nonprofit that reported $991K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

SEE PART III, LINE 1

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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 (2023)

Revenue Breakdown

Contributions & Grants $620,235

Program Service Revenue $360,786

Investment Income $0

Other Revenue $10,000

TOTAL REVENUE $991,021

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,084,088

TOTAL EXPENSES $1,084,088

Year-over-Year Comparison

	2023	2022	Change
Revenue	$991,021	$833,452	+0.2%
Expenses	$1,084,088	$806,273	+0.3%
Net Income	$-93,067	$27,179	-4.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN HART	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT HATFIELD	DIRECTOR	0.50	Director	$0	$0	$0
KEN HEFLEY	DIRECTOR	0.50	Director	$0	$0	$0
MARK HICKOK	DIRECTOR	0.50	Director	$0	$0	$0
FRANK MANNARINO	DIRECTOR	0.50	Director	$0	$0	$0
MIKE MCGOWAN	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN ORENGA	PRESIDENT	0.50	Officer Director	$0	$0	$0
DARLENE RALICKI	DIRECTOR	0.50	Director	$0	$0	$0
STEVE SHEPHERD	DIRECTOR	0.50	Director	$0	$0	$0
RAVI VORUGANTI	DIRECTOR	0.50	Director	$0	$0	$0
KRIS WILLIAMS	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$991,021	$1,084,088	$433,064	$-93,067
2022	$833,452	$806,273	$570,328	$27,179
2021	$899,209	$876,117	$602,605	$23,092
2020	$886,806	$801,192	$720,368	$85,614
2019	$1,035,118	$991,577	$409,637	$43,541
2018	$971,069	$1,036,787	$456,921	$-65,718

POWER TOOL INSTITUTE INC