SOUTHERN OHIO-KENTUCKY REGIONAL TRAINING CENTER (EIN 453123300) - 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

2011

Legal Domicile

Principal Officer

KEN KUDELA

Phone

4409863300

Tax Period

2023-07-01 to 2024-06-30

SOUTHERN OHIO-KENTUCKY REGIONAL TRAINING CENTER, founded in 2011, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $228K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE A TRAINING CENTER FOR APPRENTICES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $132,596

Program Service Revenue $54,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $186,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,820

Other Expenses $227,702

TOTAL EXPENSES $227,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$186,596	$207,592	-0.1%
Expenses	$227,702	$209,145	+0.1%
Net Income	$-41,106	$-1,553	+25.5%

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

N/A

Employees

N/A

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

$482,350

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT PRIVETT	CO-CHAIR	1.00	Director	$0	$0	$0
SHAWN HERZOG	LABOR TRUSTE	1.00	Director	$0	$47,165	$127,352
BRIAN WEAR	LABOR TRUSTE	1.00	Director	$0	$48,309	$129,651
CLINTON SUGGS	MGMT TRUSTEE	1.00	Director	$0	$0	$0
KEN KUDELA	CHAIR	1.00	Director	$0	$68,247	$225,347
MEGAN POPE	MGMT 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	No data	No data	No data	No data
2024	$186,596	$227,702	$434,345	$-41,106
2023	$207,592	$209,145	$475,451	$-1,553
2022	$192,041	$228,871	$477,004	$-36,830
2021	$222,869	$245,394	$513,834	$-22,525
2020	$220,724	$197,867	$536,359	$22,857
2019	$160,850	$218,940	$513,502	$-58,090

SOUTHERN OHIO-KENTUCKY REGIONAL TRAINING CENTER