Philadelphia Technician Training I

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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

2010

Legal Domicile

Principal Officer

Sherman O McLeod

Phone

2158051543

Tax Period

2024-07-01 to 2025-06-30

Philadelphia Technician Training I, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $16.8M in total revenue in fiscal year 2024. The organization ran a surplus of $2.9M, a strong 17% operating margin.

Mission

The School is dedicated to developing skills and providing an education to students who are unemployed, underemployed, on public assistance, disabled, non-violent ex-offenders, and other at risk demographic groups that reside in the Philadelphia and surronding communities.

Program Service Accomplishments

Program 1

Expenses: $13,981,559 Revenue: $16,642,908

To get students gainful employment from technical training that is taught by the school.

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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 $0

Program Service Revenue $16,642,908

Investment Income $204,925

Other Revenue $0

TOTAL REVENUE $16,847,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,425,580

Fundraising Expenses $0

Program Expenses $13,981,559

Other Expenses $7,555,979

TOTAL EXPENSES $13,981,559

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,847,833	N/A	N/A
Expenses	$13,981,559	N/A	N/A
Net Income	$2,866,274	N/A	N/A

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

N/A

Independent Members

N/A

Employees

201

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

$508,790

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donal Jackson	Officer	40.00	Officer	$289,286	$0	$289,286
Sherman O McLeod	President	40.00	Officer	$219,504	$0	$219,504
Kenneth Giles	Officer	0.00	Officer	$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
2025	$16,847,833	$13,981,559	$23,543,243	$2,866,274
2024	No data	No data	No data	No data
2023	$10,445,916	$9,768,403	$9,791,619	$677,513
2022	$9,897,713	$8,831,895	$9,892,934	$1,065,818
2021	$11,028,900	$7,609,296	$9,117,106	$3,419,604
2020	$8,197,238	$7,613,833	$4,922,267	$583,405
2019	$6,836,919	$6,309,249	$3,114,942	$527,670
2018	$5,952,947	$5,468,562	$2,881,651	$484,385
2018	$5,952,947	$5,468,562	$2,881,651	$484,385