SKILLS FOUNDATION INC (EIN 251572754) - 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

1990

Legal Domicile

Principal Officer

JAMES CIMINO

Phone

8142383245

Tax Period

2024-07-01 to 2025-06-30

SKILLS FOUNDATION INC, founded in 1990, is a small nonprofit that reported $119K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $39K, a strong 33% operating margin.

Mission

TO PROVIDE SUPPORT FOR THE OPERATIONS OF THE SKILLS GROUP.

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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 $27,985

Program Service Revenue $0

Investment Income $46,400

Other Revenue $44,293

TOTAL REVENUE $118,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,975

Other Expenses $79,367

TOTAL EXPENSES $79,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,678	$183,769	-0.4%
Expenses	$79,367	$64,031	+0.2%
Net Income	$39,311	$119,738	-0.7%

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

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

$419,612

Total Directors

$615,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN MALONE	CHAIR	0.30	Officer Director	$0	$0	$0
JOE HURD	DIRECTOR	0.30	Director	$0	$0	$0
ALLISON HERBAUGH	DIRECTOR	0.30	Director	$0	$0	$0
VAL BARNER	CEO	1.00	Officer Director	$0	$0	$258,560
ERIC TOGGART	DIRECTOR	0.30	Director	$0	$0	$0
TINA DALLAPE	DIRECTOR	0.30	Director	$0	$0	$0
CHRIS KNARR	COO	1.00	Director	$0	$0	$195,542
JAMES CIMINO	CFO	1.00	Officer Director	$0	$0	$161,052

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	$118,678	$79,367	$3,778,266	$39,311
2024	$183,769	$64,031	$3,365,066	$119,738
2023	$168,401	$72,877	$2,732,207	$95,524
2022	$185,040	$111,525	$2,330,716	$73,515
2021	$125,156	$79,632	$2,385,015	$45,524
2020	$124,067	$51,811	$1,749,804	$72,256
2019	$137,512	$54,337	$1,518,496	$83,175

SKILLS FOUNDATION INC