RTC INDUSTRIES INC (EIN 341084015) - 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

1973

Legal Domicile

Principal Officer

TROY GIBSON

Phone

9375920025

Tax Period

2023-01-01 to 2023-12-31

RTC INDUSTRIES INC, founded in 1973, is a community nonprofit in the Unknown sector that reported $5.9M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $906K, a strong 15% operating margin.

Mission

TO PROVIDE VOCATIONAL SERVICES FOR ADULTS WITH DEVELOPMENTAL DISABILITIES AND MAINTAIN A FULL TIME PROGRAM OF REMUNERATIVE EMPLOYMENT OF PERSONS NOT CAPABLE OF COMPLETE SELF-SUPPORT BY REASON OF DISABILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,742,968

Program Service Revenue $1,134,580

Investment Income $19,010

Other Revenue $2,025,188

TOTAL REVENUE $5,921,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,765,949

Fundraising Expenses $0

Program Expenses $5,015,730

Other Expenses $1,249,781

TOTAL EXPENSES $5,015,730

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,921,746	$4,847,187	+0.2%
Expenses	$5,015,730	$4,346,352	+0.2%
Net Income	$906,016	$500,835	+0.8%

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

181

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

$204,203

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TROY GIBSON	PRESIDENT	1.50	Officer Director	$0	$0	$0
WES EASTON	FINANCE AND AUDIT CHAIR	1.50	Officer Director	$0	$0	$0
MINDY DARING	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN GIVLER	POLICY CHAIR	1.00	Officer Director	$0	$0	$0
JEFF MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
BEN KENNEDY	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
BERT SCHWADERER	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY STIERHOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
TONYA REED	CEO	40.00	Officer	$204,203	$0	$204,203

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	No data	No data	No data	No data
2023	$5,921,746	$5,015,730	$7,355,483	$906,016
2022	$4,847,187	$4,346,352	$6,177,662	$500,835
2021	$4,920,551	$4,124,451	$5,695,892	$796,100
2020	$4,771,836	$4,264,706	$4,745,412	$507,130
2019	$4,430,212	$3,914,687	$3,496,645	$515,525
2018	$4,414,719	$4,098,817	$2,921,533	$315,902
2018	$4,427,031	$4,103,375	$2,929,293	$323,656
2017	$3,850,410	$3,698,583	$2,518,348	$151,827

RTC INDUSTRIES INC