Rainbow City, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Local 12 USWGoodyear Institute For Career Develop, founded in 2007, is a small nonprofit that reported $127K in total revenue in fiscal year 2022. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 36% operating margin.
Providing resources and support services for the education, training, and personal development of the members of Local 12 USW/Goodyear including upgrading their basic skills and educational levels.
Courses were offered with emphasis on teaching a variety of skills to union members. Classes were taught by skilled professional educators who were contracted by the local ICD coordinator. Students...
Courses were offered with emphasis on teaching a variety of skills to union members. Classes were taught by skilled professional educators who were contracted by the local ICD coordinator. Students attended classes at educational institutions or participated in custom classes that taught basic computer operation skills, intermedidate and advanced computer technology, digital photography, adobe photoshop, real estate classes, art, CPR, and air conditioning and refrigeration components. In addition, participants are provided assistance with college tuition and books. Financial assistance is limited to $2,000 per participant for customized courses and $2,500 per participant for tuition assistance. Customized classes attended included HVAC technician training, CDL training, and welding classes. Book cost assistance was provided to 17 participants and tuition cost assistance was provided to 58 participants. Customized classes were provided to 16 participants.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $126,933 | $75,000 | +0.7% |
| Expenses | $80,903 | $85,624 | -0.1% |
| Net Income | $46,030 | $-10,624 | -5.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John Garmon | Member | 0.00 |
Director
|
$0 | $0 | $0 |
| Jack Mitchell | President | 0.00 |
Director
|
$0 | $0 | $0 |
| Jackie Crowe | Coordinator | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $126,933 | $80,903 | No data | $46,030 |
| 2021 | $75,000 | $85,624 | $57,575 | $-10,624 |
| 2020 | $150,000 | $114,337 | $68,199 | $35,663 |
| 2019 | $184,500 | $178,942 | $32,536 | $5,558 |
| 2018 | $183,000 | $184,033 | $26,978 | $-1,033 |
Compare Local 12 USWGoodyear Institute For Career Develop with other nonprofits in Alabama and across the country.