CENTER FOR THE INNOVATIVE TRAINING OF YOUTH INC (EIN 464516976) - 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

2014

Legal Domicile

Principal Officer

CALVIN MACKIE

Phone

5043910730

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR THE INNOVATIVE TRAINING OF YOUTH INC, founded in 2014, is a community nonprofit in the Youth Development sector that reported $4.8M in total revenue in fiscal year 2023. Expenses of $5.4M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE SCIENCE, TECHNOLOGY, ENGINEERING AND MATH(STEM)EDUCATION TO UNDER SERVED YOUTH

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,343,856

Program Service Revenue $2,505,836

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,849,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,268,869

Fundraising Expenses $0

Program Expenses $4,524,452

Other Expenses $2,083,331

TOTAL EXPENSES $5,352,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,849,692	$4,605,122	+0.1%
Expenses	$5,352,200	$4,779,364	+0.1%
Net Income	$-502,508	$-174,242	+1.9%

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

114

Volunteers

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

$257,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CALVIN MACKIE	EXEC DIRECTOR AND FOUNDER	40.00	Officer Highest	$257,500	$0	$257,500

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	No data	No data	No data	No data
2023	$4,849,692	$5,352,200	$2,646,790	$-502,508
2022	$4,605,122	$4,779,364	$3,424,657	$-174,242
2021	$5,249,968	$3,957,390	$3,350,447	$1,292,578
2020	$2,168,944	$1,973,783	$494,479	$195,161
2019	$1,349,938	$1,399,146	$165,214	$-49,208
2018	$1,088,429	$965,478	$262,897	$122,951

CENTER FOR THE INNOVATIVE TRAINING OF YOUTH INC