The Dwayne Peaslee Technical Training Center Inc (EIN 471916358) - 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

2014

Legal Domicile

Principal Officer

Kevin Kelley

Phone

7858561831

Tax Period

2024-01-01 to 2024-12-31

The Dwayne Peaslee Technical Training Center Inc, founded in 2014, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $347K, a strong 18% operating margin.

Mission

Being a catalyst for economic growth by providing technical training to a diverse community of learners to meet the current and emerging needs of our communities and employers.

🔒

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 $1,033,839

Program Service Revenue $611,253

Investment Income $48,152

Other Revenue $267,645

TOTAL REVENUE $1,960,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $783,080

Fundraising Expenses $20,830

Program Expenses $1,232,486

Other Expenses $830,730

TOTAL EXPENSES $1,613,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,960,889	$3,054,813	-0.4%
Expenses	$1,613,810	$1,421,945	+0.1%
Net Income	$347,079	$1,632,868	-0.8%

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

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

$173,788

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shirley Martin-Smith	President	4.00	Officer Director	$0	$0	$0
Cindy Yulich	Vice President	4.00	Officer Director	$0	$0	$0
Bobbie Flory	Secretary/Treasurer	4.00	Officer Director	$0	$0	$0
Bill Dewitt	Director	2.00	Director	$0	$0	$0
Brittany Hall	Director	2.00	Director	$0	$0	$0
Bonnie Lowe	Director	2.00	Director	$0	$0	$0
Wayne Ricks	Director	2.00	Director	$0	$0	$0
Kevin Kelley	CEO	40.00	Officer	$142,819	$30,969	$173,788

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	$1,960,889	$1,613,810	$6,932,383	$347,079
2023	$3,054,813	$1,421,945	$6,991,184	$1,632,868
2022	$1,508,076	$1,312,638	$5,434,771	$195,438
2021	$1,482,948	$1,150,364	$5,389,680	$332,584
2020	$1,386,020	$907,323	$5,546,760	$478,697
2019	$1,291,537	$832,401	$4,981,574	$459,136
2018	$1,093,290	$812,295	$4,748,070	$280,995

The Dwayne Peaslee Technical Training Center Inc