EMERGING INDUSTRIES TRAINING INSTITUTE

EIN: 274625251 501(c)(3) Education

Detriot, MI

Total Revenue
$1,440,993
Total Expenses
$1,278,394
Total Assets
$505,689
Net Assets
$357,994
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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
2011
Legal Domicile
MI
Phone
3136733152
Tax Period
2024-01-01 to 2024-12-31

EMERGING INDUSTRIES TRAINING INSTITUTE, founded in 2011, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 11% surplus.

Mission

VOCATIONAL SCHOOL WITH THE INTENT OF EQUIPPING UNDERSERVED COMMUNITIES WITH THE SKILLS AND KNOW HOW. TRAINING FOR ADOLESCENTS AND ADULTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,440,993
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,440,993

Expense Breakdown

Grants Paid $1,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,150,682
Other Expenses $1,277,144
TOTAL EXPENSES $1,278,394

Year-over-Year Comparison

2024 2023 Change
Revenue $1,440,993 $941,238 +0.5%
Expenses $1,278,394 $875,124 +0.5%
Net Income $162,599 $66,114 +1.5%
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
3

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Jackson CEO 50.00
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 $1,440,993 $1,278,394 $505,689 $162,599
2023 $941,238 $875,124 $343,090 $66,114
2022 $989,905 $973,774 $413,940 $16,131
2021 $592,855 $323,646 $397,809 $269,209
2020 $356,030 $363,517 $282,163 $-7,487
2019 $450,474 $444,555 $119,979 $5,919
2018 $929,753 $842,462 $107,454 $87,291
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