HORIZONTAL DIRECTIONAL DRILLING TRAINING TRUST FOR SOUTHERN CALIFORNIA (EIN 475300071) - 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

MICHAEL DEA

Phone

6262793000

Tax Period

2023-09-01 to 2024-08-31

HORIZONTAL DIRECTIONAL DRILLING TRAINING TRUST FOR SOUTHERN CALIFORNIA, founded in 2015, is a small nonprofit in the Employment sector that reported $357K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $276K, a strong 77% operating margin.

Mission

TRAINING AND RETRAINING OF EMPLOYEES IN THE HORIZONTAL DIRECTIONAL DRILLING INDUSTRY.

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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 $0

Program Service Revenue $311,166

Investment Income $45,707

Other Revenue $0

TOTAL REVENUE $356,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,637

Fundraising Expenses $0

Other Expenses $73,033

TOTAL EXPENSES $80,670

Year-over-Year Comparison

	2023	2022	Change
Revenue	$356,873	$273,358	+0.3%
Expenses	$80,670	$42,005	+0.9%
Net Income	$276,203	$231,353	+0.2%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DEA	Trustee	1.0	Director	$0	$0	$0
ROBERT HICKS	TRUSTEE	1.0	Director	$0	$0	$0
ROBERT LONG	TRUSTEE	1.0	Director	$0	$0	$0
JOSH PENDER	TRUSTEE	1.0	Director	$0	$0	$0
MIKE REARDON	TRUSTEE	1.0	Director	$0	$0	$0
ASHLEY SALVINO	TRUSTEE	1.0	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	$356,873	$80,670	$1,342,707	$276,203
2023	$273,358	$42,005	$1,068,960	$231,353
2022	$192,132	$45,859	$834,851	$146,273
2021	$161,580	$43,279	$688,075	$118,301
2020	$167,155	$53,612	$570,701	$113,543

HORIZONTAL DIRECTIONAL DRILLING TRAINING TRUST FOR SOUTHERN CALIFORNIA