SPECIALIZED EMPLOYMENT SERVICES INC

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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

2000

Legal Domicile

Principal Officer

RONNIE TYSON

Phone

8102325661

Tax Period

2023-01-01 to 2023-12-31

SPECIALIZED EMPLOYMENT SERVICES INC, founded in 2000, is a small nonprofit in the Employment sector that reported $492K in total revenue in fiscal year 2023. The organization ran a surplus of $76K, a strong 15% operating margin.

Mission

THE ORGANIZATIONS PURPOSE IS TO PROVIDE JOB TRAINING AND PLACEMENT SERVICES TO INDIVIDUALS IN VARIOUS LOCATIONS THROUGHOUT THE STATE OF MICHIGAN. THE ORGANIZATION FOCUSES ITS EMPLOYMENT TRAINING AND PLACEMENT SERVICES ON CORE TRAINING SERVICES FOR INDIVIDUALS, AND DISADVANTAGED YOUTH.

Program Service Accomplishments

Program 1

Expenses: $401,671 Revenue: $420,044

THE ORGANIZATION PROVIDES JOB TRAINING AND PLACEMENT SERVICES TO INDIVIDUALS IN VARIOUS LOCATIONS THROUGHT THE STATE OF MICHIGAN.

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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 $492,044

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $492,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $332,402

Fundraising Expenses $0

Program Expenses $401,671

Other Expenses $83,909

TOTAL EXPENSES $416,311

Year-over-Year Comparison

	2023	2022	Change
Revenue	$492,044	$472,713	+0.0%
Expenses	$416,311	$408,012	+0.0%
Net Income	$75,733	$64,701	+0.2%

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

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

$81,160

Total Directors

$98,380

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP WALKER	VICE PRESIDENT	040.00	Officer Director Highest	$81,160	$0	$81,160
N/A	CERTIFIED PUBLIC ACCOUNTANT	004.00	Director	$17,220	$0	$17,220
RONLD S BROWN	PRESIDENT	008.00	Officer Director	$0	$0	$0
JEFFREY A HAWKINS	BOARD MEMBER	N/A	Director	$0	$0	$0
DR KRISTINE DUNN	BOARD MEMBER	N/A	Director	$0	$0	$0
HUDY HANDY	BOARD MEMBER	N/A	Director	$0	$0	$0
RONNIE TYSON	BOARD MEMBER	N/A	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
2023	$492,044	$416,311	$325,419	$75,733
2022	$472,713	$408,012	$254,635	$64,701
2021	$428,735	$510,031	$203,202	$-81,296
2020	$445,466	$446,067	$249,746	$-601