PITTSBURGH CHAPTER OF THE NATIONAL TOOLING AND MACHINING FOUNDATION INC

EIN: 431955325 501(c)(3) Education

PITTSBURGH, PA

Total Revenue
$1,408,426
Total Expenses
$1,137,320
Total Assets
$663,473
Net Assets
$663,473
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
PA
Principal Officer
MICHEL CONKLIN
Phone
4122138486
Tax Period
2022-10-01 to 2023-09-30

PITTSBURGH CHAPTER OF THE NATIONAL TOOLING AND MACHINING FOUNDATION INC, founded in 2001, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2022. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $271K, a strong 19% operating margin.

Mission

TO ASSUME A LEADERSHIP POSITION IN THE TRAINING AND DEVELOPMENT OF FUTURE GENERATIONS FOR THE METALWORKING PROFESSION, WHILE CONTINUING TO LEAD SOUTHWESTERN PENNSYLVANIA'S CUSTOM MANUFACTURING INDUSTRY IN ACHIEVING BUSINESS SUCCESS BY PROVIDING A CENTER OF KNOWLEDGE.

Program Service Accomplishments

Program 1
Expenses: $842,014

BOTSIQ IS A WORKFORCE DEVELOPMENT PROGRAM THAT WAS CREATED BY MANUFACTURERS TO SOLVE ITS BIGGEST ISSUE: RECRUITING A SKILLED WORKFORCE. ITS QUALITY TECHNICAL EDUCATION PROGRAMMING IS OFFERED...

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BOTSIQ IS A WORKFORCE DEVELOPMENT PROGRAM THAT WAS CREATED BY MANUFACTURERS TO SOLVE ITS BIGGEST ISSUE: RECRUITING A SKILLED WORKFORCE. ITS QUALITY TECHNICAL EDUCATION PROGRAMMING IS OFFERED YEAR-ROUND TO STUDENTS AT PUBLIC AND PRIVATE SCHOOLS, HOMESCHOOLS, AND QUALIFIED YOUTH ORGANIZATIONS ACROSS SOUTHWESTERN PENNSYLVANIA-FREE OF CHARGE. SINCE 2005, MORE THAN 10,000 STUDENTS HAVE BEEN IMPACTED BY BOTSIQ'S EXCITING, HANDS-ON STEM PROGRAM AS THEY DESIGN, BUILD, AND COMPETE WITH 15-POUND ROBOTIC CREATIONS, ALL THE WHILE SUCCESSFULLY GAINING THE TECHNICAL SKILLS NEEDED FOR MANUFACTURING AND STEM CAREERS. ADDITIONAL PROGRAMS INCLUDE INDUSTRY-BASED ONLINE COURSEWORK, CAREER PLANNING, AND A STATE-REGISTERED ROBOTICS TECHNICIAN PRE-APPRENTICESHIP EMPHASIZING: BUSINESS, TECHNOLOGY, GOVERNMENT AFFAIRS, EDUCATION, NETWORKING, AND MARKETING.

Program 2
Expenses: $266,430 Revenue: $311,440

THE PITTSBURGH CHAPTER NATIONAL TOOLING AND MACHINE ASSOCIATION PROVIDES REGIONAL MANUFACTURERS WITH AN APPRENTICESHIP PROGRAM FOR INCUMBENT WORKERS SEEKING ADDITIONAL TRAINING. THE APPRENTICESHIP...

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THE PITTSBURGH CHAPTER NATIONAL TOOLING AND MACHINE ASSOCIATION PROVIDES REGIONAL MANUFACTURERS WITH AN APPRENTICESHIP PROGRAM FOR INCUMBENT WORKERS SEEKING ADDITIONAL TRAINING. THE APPRENTICESHIP PROGRAM DELIVERS RELATED INSTRUCTION CLASSES TO SUPPORT ON-THE-JOB MACHINIST TRAINING PROVIDED BY EMPLOYERS. MORE THAN 100 REGIONAL APPRENTICES FROM OVER 50 MANUFACTURING COMPANIES PARTICIPATE IN THE PROGRAM EACH YEAR.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,123,020
Program Service Revenue $311,440
Investment Income $268
Other Revenue $-26,302
TOTAL REVENUE $1,408,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,108,444
Other Expenses $1,137,320
TOTAL EXPENSES $1,137,320

Year-over-Year Comparison

2022 2021 Change
Revenue $1,408,426 $774,199 +0.8%
Expenses $1,137,320 $941,953 +0.2%
Net Income $271,106 $-167,754 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
175

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
4
$80,000
Total Directors
10
$37,470
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD SIKORA CHAPTER EXECUTIVE 6.00
Director
$10,020 $0 $37,470
KEVIN HARTFORD PRESIDENT 1.00
Officer Director
$0 $0 $0
KENNETH BRIGGS TREASURER 1.00
Officer Director
$0 $0 $0
MELISSA MONARKO SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN DALRYMPLE BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY DETAR BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK DEVENTURA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DOPICO BOARD MEMBER 1.00
Director
$0 $0 $0
EDWARD FRIEZE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES HOFFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHEL CONKLIN CHAPTER EXECUTIVE(EFFECTIVE 10/1/23)) 40.00
Officer
$80,000 $0 $80,000
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 $1,408,426 $1,137,320 $663,473 $271,106
2022 $774,199 $941,953 $392,366 $-167,754
2021 $729,203 $626,788 $560,120 $102,415
2020 $895,901 $708,492 $457,705 $187,409
2019 $494,715 $621,788 $270,296 $-127,073
2018 $274,423 $414,348 $285,369 $-139,925
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