INSTITUTE FOR CAREER DEVELOPMENT (EIN 351818874) - 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

1989

Legal Domicile

Principal Officer

SEAN HAYDEN

Phone

2197389029

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR CAREER DEVELOPMENT, founded in 1989, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

A WORKFORCE TRAINING PROGRAM FOR ELIGIBLE MEMBERS OF THE UNITED STEELWORKERS.

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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 $1,001,236

Investment Income $13,116

Other Revenue $8,292

TOTAL REVENUE $1,022,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $825,515

Fundraising Expenses $0

Program Expenses $694,297

Other Expenses $311,094

TOTAL EXPENSES $1,136,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,022,644	$1,036,634	0.0%
Expenses	$1,136,609	$1,241,877	-0.1%
Net Income	$-113,965	$-205,243	-0.4%

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

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

$242,592

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID R MCCALL	GOVERNING BOARD	1.00	Director	$0	$0	$0
EMIL RAMIREZ	GOVERNING BOARD	1.00	Director	$0	$0	$0
ROBERT FISCHER	GOVERNING BOARD	1.00	Director	$0	$0	$0
SEAN HAYDEN	EXECUTIVE DIRECTOR	55.00	Officer	$128,016	$0	$128,016
STEPHANIE STALMAH	ASSISTANT EXECUTIVE DIRECT	55.00	Officer	$114,576	$0	$114,576

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	$1,022,644	$1,136,609	$1,987,627	$-113,965
2023	$1,036,634	$1,241,877	$1,616,042	$-205,243
2022	$1,013,802	$1,071,803	$1,673,664	$-58,001
2021	$983,970	$1,033,902	$1,735,697	$-49,932
2020	$926,543	$996,027	$1,865,896	$-69,484
2019	$1,170,656	$1,135,906	$1,833,799	$34,750
2018	$1,168,397	$1,248,360	$1,760,829	$-79,963

INSTITUTE FOR CAREER DEVELOPMENT