SKILLS DEVELOPMENT CENTER (EIN 275413507) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Patricia Weaver

Phone

8044817777

Tax Period

2021-01-01 to 2021-12-31

SKILLS DEVELOPMENT CENTER, founded in 2011, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2021. Revenue surged 393% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 68% operating margin.

Mission

Work with cognitively disabled adults, with intellectual and developmental disabilities, on appropriate work, social and independent life skills. Developed and offer a Cooking Class, Community Work Program and Facilitated Recreation Center to foster appropriate social and peer relationships.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $158,323

Program Service Revenue $60,465

Investment Income $0

Other Revenue $0

TOTAL REVENUE $218,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,162

Fundraising Expenses $0

Program Expenses $2,500

Other Expenses $24,740

TOTAL EXPENSES $69,902

Year-over-Year Comparison

	2021	2020	Change
Revenue	$218,788	$44,334	+3.9%
Expenses	$69,902	$46,023	+0.5%
Net Income	$148,886	$-1,689	-89.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$19,134

Total Directors

$23,238

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patricia Weaver	Board President / Program Director	40	Officer Director Highest	$19,134	$0	$19,134
Josette Ragland	Financial Director	4	Director	$4,104	$0	$4,104
Matthew Weaver	Board Member	1	Director	$0	$0	$0
William Weaver	Financial Director	3	Director	$0	$0	$0
Frances Ragland	Board Member	1		$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
2021	$218,788	$69,902	$151,318	$148,886

SKILLS DEVELOPMENT CENTER