REAL SKILLS NETWORK INC (EIN 261086662) - 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

2007

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

REAL SKILLS NETWORK INC, founded in 2007, is a small nonprofit in the Youth Development sector that reported $253K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

Engage at-risk youths that have had difficulty navigating the paths of traditional educational, and judicial systems in understanding and obtaining mainstream skill competency levels and social values that would empower them to interact in their community, school or job setting.

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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 $252,750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,750

Expense Breakdown

Grants Paid $2,879

Salaries & Benefits $159,784

Fundraising Expenses $13,408

Program Expenses $120,536

Other Expenses $91,963

TOTAL EXPENSES $254,626

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,750	$277,009	-0.1%
Expenses	$254,626	$296,920	-0.1%
Net Income	$-1,876	$-19,911	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE AUCHINCLOSS	BOARD MEMBER	2.00	Director	$0	$0	$0
ALEX REESE	BOARD MEMBER	2.00	Director	$0	$0	$0
BISHOP DEBRA GAUSE	BOARD MEMBER	2.00	Director	$0	$0	$0
CANDICE SWIFT	BOARD MEMBER	2.00	Director	$0	$0	$0
BARBARA JETER JACKSON	BOARD MEMBER	2.00	Director	$0	$0	$0
GEORGE OGILVIE	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
PETER LEONARD	CHAIRMAN	5.00	Officer Director	$0	$0	$0
YVONNE FLOWERS	TREASURER	2.00	Officer Director	$0	$0	$0
NICHOLAS DE LEEUW	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$252,750	$254,626	$53,081	$-1,876
2022	$277,009	$296,920	$37,891	$-19,911
2021	$152,549	$267,561	$67,753	$-115,012
2020	$220,628	$232,220	$137,233	$-11,592
2019	$327,262	$350,280	$45,796	$-23,018
2018	$375,253	$351,484	$63,499	$23,769

REAL SKILLS NETWORK INC