SKILLS INC (EIN 561324184) - 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

1974

Legal Domicile

Principal Officer

KIRK DEVINE

Phone

2523333755

Tax Period

2023-07-01 to 2024-06-30

SKILLS INC, founded in 1974, is a small nonprofit in the Employment sector that reported $849K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $240K, a strong 28% operating margin.

Mission

HANDICAPPED REHABILITATION

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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 $100,772

Investment Income $87,614

Other Revenue $660,638

TOTAL REVENUE $849,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $436,242

Fundraising Expenses $0

Program Expenses $292,203

Other Expenses $172,920

TOTAL EXPENSES $609,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$849,024	$732,520	+0.2%
Expenses	$609,162	$550,944	+0.1%
Net Income	$239,862	$181,576	+0.3%

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

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

$91,278

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK DEVINE	DIRECTOR	40.00	Director	$91,278	$0	$91,278
MICHELLE CLARK	SECRETARY	3.00	Officer Director	$0	$0	$0
THOMAS WOOD	PRESIDENT	3.00	Officer Director	$0	$0	$0
GERI ZALER	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN DENSCOMBE	VICE-PRESIDE	3.00	Officer Director	$0	$0	$0
GEMINI JOHNSON	BOARD OF DIR	2.00	Director	$0	$0	$0
JONATHAN MEADS	BOARD OF DIR	2.00	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
2024	$849,024	$609,162	$3,797,798	$239,862
2023	$732,520	$550,944	$3,592,212	$181,576
2022	$615,022	$602,153	$3,415,431	$12,869
2021	$685,925	$594,069	$3,405,342	$91,856
2020	$816,331	$487,441	$3,328,966	$328,890
2019	$603,610	$542,509	$2,952,517	$61,101
2018	$532,747	$475,832	$2,896,528	$56,915

SKILLS INC