UNITED STATES CUTTING TOOL INSTITUTE (EIN 341568258) - 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

1937

Legal Domicile

Principal Officer

JEFF MAJOR

Phone

2162417333

Tax Period

2023-01-01 to 2023-12-31

UNITED STATES CUTTING TOOL INSTITUTE, founded in 1937, is a small nonprofit that reported $722K in total revenue in fiscal year 2023. Expenses of $685K left a modest 5% surplus.

Mission

SEE PART III, LINE 1

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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 $387,897

Program Service Revenue $319,842

Investment Income $14,749

Other Revenue $0

TOTAL REVENUE $722,488

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $679,759

TOTAL EXPENSES $684,759

Year-over-Year Comparison

	2023	2022	Change
Revenue	$722,488	$710,562	+0.0%
Expenses	$684,759	$671,701	+0.0%
Net Income	$37,729	$38,861	0.0%

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

210

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
PETER BARTOS	DIRECTOR	0.50	Director	$0	$0	$0
STEVE BOYER	SENIOR VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JEFF CEDERSTROM	DIRECTOR	0.50	Director	$0	$0	$0
JEFFREY LAWSON	DIRECTOR	0.50	Director	$0	$0	$0
JEFF MAJOR	PRESIDENT	0.50	Officer Director	$0	$0	$0
RICK MCINTRYE	DIRECTOR	0.50	Director	$0	$0	$0
MARK MULLEN	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN NORRIS	DIRECTOR	0.50	Director	$0	$0	$0
MIKE STOKEY	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MATHIEU TAPP	DIRECTOR	0.50	Director	$0	$0	$0
BRET TAYNE	DIRECTOR, IMMEDIATE PAST P	0.50	Officer Director	$0	$0	$0
DON TRIPLER	DIRECTOR	0.50	Director	$0	$0	$0
BRENT WILLIAMS	DIRECTOR	0.50	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	No data	No data	No data	No data
2023	$722,488	$684,759	$1,008,462	$37,729
2022	$710,562	$671,701	$1,060,008	$38,861
2021	$559,107	$594,254	$965,265	$-35,147
2020	$458,692	$354,315	$943,701	$104,377
2019	$669,109	$601,771	$801,262	$67,338
2018	$710,962	$613,622	$752,308	$97,340

UNITED STATES CUTTING TOOL INSTITUTE