FINISHING TRADES INSTITUTE OF THE GREAT LAKES (EIN 386353353) - 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

1954

Legal Domicile

Principal Officer

GREGORY KAZMIERSKI

Phone

2483583340

Tax Period

2024-06-01 to 2025-05-31

FINISHING TRADES INSTITUTE OF THE GREAT LAKES, founded in 1954, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $500K, a strong 30% operating margin.

Mission

APPRENTICE TRAINING FOR MEMBERS OF THE PAINTERS UNION DISTRICT COUNCIL 1M.

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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 $436,725

Program Service Revenue $1,183,539

Investment Income $46,121

Other Revenue $0

TOTAL REVENUE $1,666,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $727,906

Fundraising Expenses $0

Program Expenses $859,024

Other Expenses $431,185

TOTAL EXPENSES $1,166,537

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,666,385	$1,373,029	+0.2%
Expenses	$1,166,537	$1,076,093	+0.1%
Net Income	$499,848	$296,936	+0.7%

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

$156,043

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY KAZMIERSKI	ADMINISTRATOR	6.00	Officer	$0	$35,161	$156,043
ROBERT GONZALEZ	CHAIRMAN	4.00	Officer Director	$0	$0	$0
DONNA PARDONNET	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE KOVALCHEK	TRUSTEE	1.00	Officer Director	$0	$0	$0
ANTHONY PARKEYZ	TRUSTEE	1.00	Director	$0	$0	$0
DONALD STEPP	TRUSTEE	1.00	Director	$0	$0	$0
FRED FREDERICKSON	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE KOKLANARIS	TRUSTEE	1.00	Director	$0	$0	$0
JEFF STONE	TRUSTEE	1.00	Director	$0	$0	$0
JEREMY HAVILAND	TRUSTEE	1.00	Director	$0	$0	$0
ROCKY ACKERMAN	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT MISENER	TRUSTEE	1.00	Director	$0	$0	$0
SEAN LEWIS	TRUSTEE	1.00	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	$1,666,385	$1,166,537	$4,133,017	$499,848
2024	$1,364,557	$1,075,904	$3,749,813	$288,653
2023	$2,113,983	$891,944	$3,467,107	$1,222,039
2022	$824,381	$691,177	$2,218,319	$133,204
2021	$834,051	$673,913	$2,124,031	$160,138
2019	$795,066	$579,077	$1,742,588	$215,989

FINISHING TRADES INSTITUTE OF THE GREAT LAKES