LABOR INSTITUTE FOR TRAINING INC (EIN 351828936) - 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

1990

Legal Domicile

Principal Officer

KATHRYN CLAYTON

Phone

3174093517

Tax Period

2023-07-01 to 2024-06-30

LABOR INSTITUTE FOR TRAINING INC, founded in 1990, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $9K exceeded revenue, resulting in a 433% operating deficit.

Mission

TRAINING AND DISLOCATED WORKER SERVICES - LIFT PROVIDES INSTRUCTOR CERTIFICATION AND ONGOING DEVELOPMENT OF CIRRICULA TO VARIOUS EDUCATIONAL INSTITUTIONS, GROUPS AND PROGRAMS THAT AID AND ASSIST DISLOCATED AND OTHER WORKERS AND STUDENTS TO GAIN SKILLS AND KNOWLEDGE IN MANUFACTURING.

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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 $0

Program Service Revenue $1,671

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,912

Other Expenses $8,912

TOTAL EXPENSES $8,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,671	$8,236	-0.8%
Expenses	$8,912	$104,159	-0.9%
Net Income	$-7,241	$-95,923	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN CLAYTON	EXECUTIVE DI	N/A	Officer 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
2025	No data	No data	No data	No data
2024	$1,671	$8,912	$47,521	$-7,241
2023	$8,236	$104,159	$57,384	$-95,923
2022	$294,584	$424,070	$182,579	$-129,486
2021	$1,117,356	$1,099,897	$345,780	$17,459
2020	$1,393,583	$1,182,510	$271,638	$211,073
2019	$920,704	$1,141,670	$159,103	$-220,966
2018	$649,950	$691,951	$264,244	$-42,001

LABOR INSTITUTE FOR TRAINING INC