SOLID WASTE TRAINING

EIN: 460844371 501(c)(3) Environment

SYRACUSE, UT

Total Revenue
$1,495,463
Total Expenses
$843,685
Total Assets
$995,991
Net Assets
$981,297
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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
2014
Legal Domicile
UT
Principal Officer
CHET HOVEY
Phone
8019185107
Tax Period
2024-01-01 to 2024-12-31

SOLID WASTE TRAINING, founded in 2014, is a community nonprofit in the Environment sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $652K, a strong 44% operating margin.

Mission

We provide solid waste management training, research, support, and innovative, cutting-edge integrated solutions to small rural communities.

Program Service Accomplishments

Program 1
Expenses: $750,802

SEVERAL CONFERENCES WERE HELD DURING THE YEAR TO UPDATE THE PARTICIPANTS ON THE LATEST TECHNOLOGY FOR OPERATING AND MAINTAINING SOLID WASTE LANDFILLS AND TREATMENT CENTERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $802,999
Program Service Revenue $681,538
Investment Income $10,926
Other Revenue $0
TOTAL REVENUE $1,495,463

Expense Breakdown

Grants Paid $0
Salaries & Benefits $539,525
Fundraising Expenses $0
Program Expenses $750,802
Other Expenses $304,160
TOTAL EXPENSES $843,685

Year-over-Year Comparison

2024 2023 Change
Revenue $1,495,463 $859,331 +0.7%
Expenses $843,685 $736,532 +0.1%
Net Income $651,778 $122,799 +4.3%
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

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Governance

Voting Members
4
Independent Members
4
Employees
5
Volunteers
150

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
1
$111,950
Total Directors
4
$111,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHET HOVEY Director 30.00
Officer Director
$111,950 $0 $111,950
Stan Jr Hales Trustee 0.00
Director
$0 $0 $0
CURTIS D PREECE Director 0.00
Director
$0 $0 $0
ATALIE FLITTON Trustee 0.00
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
2024 $1,495,463 $843,685 $995,991 $651,778
2023 $859,331 $736,532 $345,879 $122,799
2022 $769,116 $760,119 $220,153 $8,997
2021 $1,069,784 $792,603 $228,390 $277,181
2020 $265,111 $395,271 $51,154 $-130,160
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