Local 12 USWGoodyear Institute For Career Develop

EIN: 260724269

Rainbow City, AL

Total Revenue
$126,933
Total Expenses
$80,903
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AL
Tax Period
2023-01-01 to 2023-08-16

LOCAL 12 USWGOODYEAR INSTITUTE FOR, founded in 2007, is a small nonprofit that reported $183K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year.

Mission

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.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $126,933
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $126,933

Expense Breakdown

Grants Paid $38,786
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $74,605
Other Expenses $42,117
TOTAL EXPENSES $80,903

Year-over-Year Comparison

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%
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
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
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