EMERGING INDUSTRIES TRAINING INSTI… - Form 990 Financial Data

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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

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.

Program Service Accomplishments

Program 1

Expenses: $655,889 Revenue: $821,366

JOB PLACEMENT FOR GRADUATED STUDENTS

Program 2

Expenses: $494,793 Revenue: $619,627

VOCATIONAL TRAINING WITH COMPLETION OF SKILLED TRADE CERTIFICATIONS

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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 $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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
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

EMERGING INDUSTRIES TRAINING INSTITUTE