SOCIAL ENTERPRISE AND TRAINING CENTER INC (EIN 473946521) - 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

2015

Legal Domicile

Principal Officer

JENNIFER LAWRENCE

Phone

5183724100

Tax Period

2024-01-01 to 2024-12-31

SOCIAL ENTERPRISE AND TRAINING CENTER INC, founded in 2015, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 9% surplus.

Mission

TO PROVIDE TRANSFORMATIVE EDUCATIONAL AND WORKFORCE EXPERIENCES THAT CREATE A SENSE OF PURPOSE AND HOPE IN OUR COMMUNITIES AND CONNECT BUSINESS TO REAL TIME SOLUTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,939,226

Program Service Revenue $98,178

Investment Income $0

Other Revenue $39,119

TOTAL REVENUE $4,076,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,233,413

Fundraising Expenses $69,346

Program Expenses $3,053,188

Other Expenses $1,482,459

TOTAL EXPENSES $3,715,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,076,523	$2,592,331	+0.6%
Expenses	$3,715,872	$3,116,578	+0.2%
Net Income	$360,651	$-524,247	-1.7%

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

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

$148,241

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE OBERMAYER	CHAIR	1.00	Officer Director	$0	$0	$0
ALOJA AIREWELE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANTHONY HUBBARD	TREASURER	1.00	Officer Director	$0	$0	$0
JONATHAN HERNANDEZ	MEMBER	1.00	Director	$0	$0	$0
PAIGE RUECKERT	MEMBER	1.00	Director	$0	$0	$0
KIMBERLY SPECK	MEMBER	1.00	Director	$0	$0	$0
JENNIFER LAWRENCE	EXECUTIVE DIRECTOR`	40.00	Officer	$131,751	$16,490	$148,241

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	$4,076,523	$3,715,872	$3,995,215	$360,651
2024	No data	No data	No data	No data
2023	$2,592,331	$3,116,578	$3,471,947	$-524,247
2022	$3,255,479	$2,726,615	$4,524,309	$528,864
2021	$2,163,163	$2,339,536	$1,183,632	$-176,373
2020	$2,524,090	$2,094,661	$1,321,749	$429,429
2019	$2,065,982	$2,055,993	$981,681	$9,989
2018	$1,481,833	$1,391,796	$674,346	$90,037

SOCIAL ENTERPRISE AND TRAINING CENTER INC