Vocational Nursing Institute Inc (EIN 272361792) - 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

2009

Legal Domicile

Principal Officer

Kimberley Kelly

Phone

8322372525

Tax Period

2024-01-01 to 2024-12-31

Vocational Nursing Institute Inc, founded in 2009, is a small nonprofit in the Education sector that reported $337K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring.

Mission

Provide a quality education to vocational nursing students with a goal of 100% pass rate on the NCLEX Exam.

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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 $337,183

Investment Income $0

Other Revenue $0

TOTAL REVENUE $337,183

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,349

Fundraising Expenses $0

Program Expenses $230,702

Other Expenses $156,584

TOTAL EXPENSES $360,933

Year-over-Year Comparison

	2024	2023	Change
Revenue	$337,183	$731,862	-0.5%
Expenses	$360,933	$606,258	-0.4%
Net Income	$-23,750	$125,604	-1.2%

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
Kimberly KellyRN	Chairman	25.00	Officer Director	$0	$0	$0
Marilyn Richlak	Treasurer	2.00	Officer Director	$0	$0	$0
Michelle Kuhlman	Director	2.00	Director	$0	$0	$0
John Currier	Director	2.00	Director	$0	$0	$0
Justin Snedden Bright	Director	2.00	Director	$0	$0	$0
Bette Lou Horford	Director	2.00	Director	$0	$0	$0
Romeo Vilareal RN	Director	2.00	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	$337,183	$360,933	No data	$-23,750
2023	$731,862	$606,258	$235,628	$125,604
2022	$422,957	$602,881	$164,558	$-179,924
2021	$685,900	$704,951	$157,788	$-19,051
2020	$499,452	$493,058	$156,731	$6,394
2019	$399,210	$294,843	$189,217	$104,367
2018	$246,238	$251,423	$88,343	$-5,185

Vocational Nursing Institute Inc