UMBC TRAINING ENTERPRISES INC (EIN 300027408) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2002

Legal Domicile

Principal Officer

CHRISTOPHER STEELE

Phone

4436926600

Tax Period

2024-07-01 to 2025-06-30

UMBC TRAINING ENTERPRISES INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $10.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE EDUCATION AND SUPPORT UMBC

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,877,837

Investment Income $44,910

Other Revenue $346,228

TOTAL REVENUE $10,268,975

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,709,093

Fundraising Expenses $0

Program Expenses $9,478,391

Other Expenses $6,696,073

TOTAL EXPENSES $10,405,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,268,975	$8,901,399	+0.2%
Expenses	$10,405,166	$10,292,477	+0.0%
Net Income	$-136,191	$-1,391,078	-0.9%

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

$1,148,326

Total Directors

$1,148,326

Key Employees

$275,119

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER STEELE	PRESIDENT	2.00	Officer Director	$0	$49,069	$337,800
KACEY HAMMEL	TREASURER	2.00	Officer Director	$0	$45,562	$466,864
YAKOV WEISSMANN	SECRETARY	2.00	Officer Director	$0	$57,052	$343,662
JON LAU	PRESIDENT OF UMBC TC LLC	50.00	Key Emp	$255,772	$19,347	$275,119
HOMER MINNICK	VICE PRES./COO OF UMBC TC LLC	50.00	Highest	$200,000	$120	$200,120
MARC KOLP	DIRECTOR CLI UMBC TC LLC	50.00	Highest	$154,600	$18,467	$173,067
MICHAEL SCHWARTZ	SALES MANAGER UMBC TC LLC	50.00	Highest	$150,986	$12,512	$163,498
KYLE SKINNER	ACCOUNT EXECUTIVE UMBC TC	50.00	Highest	$140,202	$6,068	$146,270
DEBORAH DAVIS	CONTROLLER UMBC TC LLC	50.00	Highest	$153,000	$6,023	$159,023

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
2025	$10,268,975	$10,405,166	$4,807,931	$-136,191
2024	$8,901,399	$10,292,477	$5,439,718	$-1,391,078
2023	$13,703,746	$13,459,003	$6,852,088	$244,743
2022	$14,812,129	$13,483,335	$4,967,521	$1,328,794
2021	$14,677,321	$13,876,499	$4,982,165	$800,822
2020	$15,068,306	$14,745,488	$3,934,453	$322,818
2019	$9,334,621	$10,317,450	$4,143,696	$-982,829
2018	$8,884,928	$9,240,231	$3,561,835	$-355,303

UMBC TRAINING ENTERPRISES INC