SKILLS DEVELOPMENT INC (EIN 431182992) - 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

1979

Legal Domicile

Principal Officer

LISA HARMANN

Phone

5732213282

Tax Period

2024-07-01 to 2025-06-30

SKILLS DEVELOPMENT INC, founded in 1979, is a community nonprofit in the Employment sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $558K, a strong 54% operating margin.

Mission

SKILLS DEVELOPMENT PROVIDES ON-SITE AND OFF-SITE HABILITATION SERVICES TO PEOPLE WITH DISABILITIES.

🔒

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 $100

Program Service Revenue $985,981

Investment Income $52,177

Other Revenue $175

TOTAL REVENUE $1,038,433

Expense Breakdown

Grants Paid $0

Salaries & Benefits $368,817

Fundraising Expenses $0

Program Expenses $372,348

Other Expenses $111,304

TOTAL EXPENSES $480,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,038,433	$1,004,952	+0.0%
Expenses	$480,121	$451,174	+0.1%
Net Income	$558,312	$553,778	+0.0%

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

$183,419

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA DOWELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER MCGREGOR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY COWDEN	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA CLARK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK HUGHES	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA HARMANN	DIRECTOR	35.00	Director	$72,414	$0	$72,414
LYNDY LARSON	CO-ASSISTANT DIRECTOR	35.00	Director	$48,109	$0	$48,109
DIONNE M LEAPLEY	CO-ASSISTANT DIRECTOR	35.00	Director	$24,383	$0	$24,383
MARCUS T MCGRUDER	CO-ASSISTANT DIRECTOR	35.00	Director	$38,513	$0	$38,513

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	$1,038,433	$480,121	$2,575,922	$558,312
2024	$1,004,952	$451,174	$2,017,437	$553,778
2023	$1,003,644	$419,866	$1,463,848	$583,778
2022	$587,297	$400,710	$879,073	$186,587
2021	$390,914	$384,786	$692,486	$6,128
2020	$379,788	$403,998	$752,263	$-24,210
2019	$494,517	$450,125	$710,568	$44,392

SKILLS DEVELOPMENT INC