NATIONAL SKILLED TRADES NETWORK

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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

2009

Legal Domicile

Principal Officer

HOWARD

Phone

6142164573

Tax Period

2024-01-01 to 2024-12-31

NATIONAL SKILLED TRADES NETWORK, founded in 2009, is a small nonprofit in the Employment sector that reported $482K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $447K left a modest 7% surplus.

Mission

To provide NCCER Accredited Constrction Trades Training in the under served communities around the country

Program Service Accomplishments

Program 1

Expenses: $357,686 Revenue: $429,695

National Skilled Trades Network provides NCCER accredited training in the trades of Carpentry, Plumbing, HVACR, Concrete construction, Electrical Level 1 Constructiion Craft Laborer and Solar...

National Skilled Trades Network provides NCCER accredited training in the trades of Carpentry, Plumbing, HVACR, Concrete construction, Electrical Level 1 Constructiion Craft Laborer and Solar Photovolaic Installation.

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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 $52,362

Program Service Revenue $429,695

Investment Income $0

Other Revenue $0

TOTAL REVENUE $482,057

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,725

Fundraising Expenses $0

Program Expenses $357,686

Other Expenses $344,519

TOTAL EXPENSES $447,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$482,057	$438,141	+0.1%
Expenses	$447,244	$419,785	+0.1%
Net Income	$34,813	$18,356	+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

$119,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Watkins	Co-Executive Director	30.00	Officer	$30,000	$30,000	$60,000
Howard C Williams	Co-Executive Director	30.00	Officer	$29,750	$29,750	$59,500

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	$482,057	$447,244	$34,813	$34,813
2023	$438,141	$419,785	No data	$18,356