CORPORATION FOR A SKILLED WORKFORCE (EIN 382991143) - 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

1991

Legal Domicile

Principal Officer

KYSHA FRAZIER

Phone

7347692900

Tax Period

2023-01-01 to 2023-12-31

CORPORATION FOR A SKILLED WORKFORCE, founded in 1991, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 6% surplus.

Mission

TO CATALYZE CHANGE IN EDUCATION, ECONOMIC, AND WORKFORCE DEVELOPMENT THROUGH RESEARCH AND ACTION.

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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 $2,164,102

Program Service Revenue $2,074,241

Investment Income $18,245

Other Revenue $271

TOTAL REVENUE $4,256,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,660,596

Fundraising Expenses $0

Program Expenses $3,461,824

Other Expenses $1,359,056

TOTAL EXPENSES $4,019,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,256,859	$3,135,908	+0.4%
Expenses	$4,019,652	$3,134,598	+0.3%
Net Income	$237,207	$1,310	+180.1%

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

$401,289

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES GALLAHER	MEMBER	1.00	Director	$0	$0	$0
GARY YAKIMOV	MEMBER	1.00	Director	$0	$0	$0
JOSEPH REED	MEMBER	1.00	Director	$0	$0	$0
SHARON SEWELL-FAIRMAN	MEMBER	1.00	Director	$0	$0	$0
NANCY SNYDER	MEMBER	1.00	Director	$0	$0	$0
NANCY WEATHERFORD	MEMBER	1.00	Director	$0	$0	$0
ALEXANDRA CAWTHORNE GAINES	MEMBER	1.00	Director	$0	$0	$0
KENYATTA BRAME	MEMBER	1.00	Director	$0	$0	$0
CARNIESHA KWASHIE	MEMBER	1.00	Director	$0	$0	$0
TODD GREENE	MEMBER	1.00	Director	$0	$0	$0
RODERICK NUNN	CHAIR	1.00	Officer Director	$0	$0	$0
DEBBIE CHARLTON	SUPPORT SPECIALIST & BOARD	40.00	Officer	$55,486	$13,611	$69,097
SHERRI CAVANAUGH	TREASURER & CFO	40.00	Officer	$136,214	$12,455	$148,669
KYSHA FRAZIER	PRESIDENT & CEO	40.00	Officer	$164,588	$18,935	$183,523
TRAVIS REID	VICE PRESIDENT, OPERATIONS & STRATEGY	40.00	Highest	$134,270	$23,420	$157,690
MELISSA GOLDBERRG	DIRECTOR, COMPETENCIES & C	40.00	Highest	$117,372	$30,547	$147,919
CHIOKE MOSE-TELESFORD	DIRECTOR, IMPROVING PRAC.	40.00	Highest	$133,715	$3,952	$137,667
AMY WALLACE	DIRECTOR, FED, ST, L	40.00	Highest	$121,183	$0	$121,183
MEGAN WILLIAMS	DIRECTOR, RESEARCH & ED	40.00	Highest	$106,792	$20,549	$127,341

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	$4,256,859	$4,019,652	$2,199,037	$237,207
2022	$3,135,908	$3,134,598	$2,080,686	$1,310
2021	$2,534,456	$2,525,331	$897,180	$9,125
2020	$2,229,820	$2,229,310	$645,420	$510
2019	$2,132,967	$2,427,328	$809,176	$-294,361
2018	$2,491,937	$2,534,809	$1,177,025	$-42,872

CORPORATION FOR A SKILLED WORKFORCE