PMMI EDUCATION & TRAINING FOUNDATION (EIN 541820667) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

JAMES E PITTAS

Phone

5716123200

Tax Period

2023-01-01 to 2023-12-31

PMMI EDUCATION & TRAINING FOUNDATION, founded in 1996, is a small nonprofit in the Education sector that reported $127K in total revenue in fiscal year 2018. Revenue decreased 11% compared to the prior year. Expenses of $231K exceeded revenue, resulting in a 82% operating deficit.

Mission

PROVIDE GRANTS AND SCHOLARSHIPS TO STUDENTS OF QUALIFIED TECHNICAL SCHOOLS AND UNIVERSITIES, AND TO EMPLOYEES OF THE PACKAGING MACHINERY MANUFACTURERS INSTITUTE'S MEMBER COMPANIES, FOR COMPLETION OF PACKAGING MACHINERY COURSEWORK OR RELATED ANCILLARY COURSES. PROVIDES GRANTS TO ORGANIZATIONS, TECHNICAL SCHOOLS AND UNIVERSITIES, THAT SUPPORT TRAINING OF THE CURRENT AND FUTURE INDUSTRY WORKFORCE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,203,414

Program Service Revenue $32,853

Investment Income $2,276

Other Revenue $-98,655

TOTAL REVENUE $1,139,888

Expense Breakdown

Grants Paid $1,067,066

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,139,337

Other Expenses $72,822

TOTAL EXPENSES $1,139,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,139,888	$860,334	+0.3%
Expenses	$1,139,888	$860,332	+0.3%
Net Income	$0	$2	-1.0%

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

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

$1,674,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA ANDERSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
EMMANUEL CERF	IMMED. PAST CHAIR	1.00	Officer Director	$0	$0	$0
ANDREW BARRIEAU	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROLANDO PENA	DIRECTOR	1.00	Director	$0	$0	$0
NANCY WILSON	DIRECTOR	1.00	Director	$0	$0	$0
JIM PITTAS	PRESIDENT & CEO PMMI	2.00	Officer	$50,410	$88,996	$1,097,187
CRAIG SILVERIO	VP, FINANCE	2.00	Officer	$24,941	$78,739	$577,556

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	$1,139,888	$1,139,888	$91,221	No data
2022	$860,334	$860,332	$160,168	$2
2021	$742,149	$742,151	$105,115	$-2
2020	$534,465	$534,464	$109,470	$1
2019	$576,184	$543,705	$82,421	$32,479
2018	$127,153	$231,015	$65,455	$-103,862

PMMI EDUCATION & TRAINING FOUNDATION