Finishing Trades Institute Of Dc 14 Chicago (EIN 362337329) - 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

1919

Legal Domicile

Principal Officer

miles beatty

Phone

7084495282

Tax Period

2024-01-01 to 2024-12-31

Finishing Trades Institute Of Dc 14 Chicago, founded in 1919, is a community nonprofit in the Education sector that reported $7.6M in total revenue in fiscal year 2024. Expenses of $6.7M left a modest 12% surplus.

Mission

PROFESSIONAL TRADE EDUCATION

🔒

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 $6,029,224

Investment Income $1,533,118

Other Revenue $0

TOTAL REVENUE $7,562,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,203,910

Fundraising Expenses $0

Program Expenses $5,792,909

Other Expenses $4,475,804

TOTAL EXPENSES $6,679,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,562,342	$7,405,757	+0.0%
Expenses	$6,679,714	$6,370,234	+0.0%
Net Income	$882,628	$1,035,523	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Miles Beatty	Management Trustee	3.00	Director	$0	$0	$0
Mark Zamiar	Management Trustee	3.00	Director	$0	$0	$0
Steve Brill	Management Trustee	3.00	Director	$0	$0	$0
Nate Brown	Management Trustee	3.00	Director	$0	$0	$0
Michael Dixon	Union Trustee	3.00	Director	$0	$0	$0
Victor Hernandez	Union Trustee	3.00	Director	$0	$0	$0
Ruben Valdivia	Union Trustee	3.00	Director	$0	$0	$0
James Teruel	Union Trustee	3.00	Director	$0	$0	$0
Joe Rinehart	Union Trustee	3.00	Director	$0	$0	$0
Jose Hernandez Jr	Instructor	45.00	Highest	$148,886	$99,837	$248,723
Veronica Leal	Instructor	45.00	Highest	$155,258	$100,328	$255,586
Matthew Shepard	Instructor	45.00	Highest	$146,961	$99,329	$246,290
Stephen M Thompson	Instructor	45.00	Highest	$148,263	$99,373	$247,636
Daniel Penski	Director of Apprenticeship	45.00	Highest	$164,634	$93,681	$258,315

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	$7,562,342	$6,679,714	$22,659,357	$882,628
2023	$7,405,757	$6,370,234	$21,750,562	$1,035,523
2022	$6,486,254	$5,907,210	$20,378,907	$579,044
2021	$6,295,488	$4,867,196	$22,598,762	$1,428,292
2020	$5,912,221	$4,414,093	$19,109,929	$1,498,128

Finishing Trades Institute Of Dc 14 Chicago