TRAINING SOLUTIONS FOR CONSTRUCTION AND INDUSTRY INC

EIN: 631262909 501(c)(3) Education

MOBILE, AL

Total Revenue
$1,189,429
Total Expenses
$907,441
Total Assets
$741,111
Net Assets
$603,975
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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
2005
Legal Domicile
AL
Principal Officer
THERESSA HAMMON
Phone
2514789152
Tax Period
2024-01-01 to 2024-12-31

TRAINING SOLUTIONS FOR CONSTRUCTION AND INDUSTRY INC, founded in 2005, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $282K, a strong 24% operating margin.

Mission

TO CONDUCT SAFETY TRAINING CLASSES FOR LOCAL COMPANIES IN ACCORDANCE WITH APPLICABLE, RULES, REGULATIONS AND SAFE WORK PRACTICES AND TO PROMOTE SAFETY THROUGH TRAINING.

Program Service Accomplishments

Program 1
Expenses: $595,723 Revenue: $1,177,826

PROVIDING INSTRUCTOR LED AND COMPUTER BASED SAFETY TRAINING TO LOCAL COMPANIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,177,826
Investment Income $11,603
Other Revenue $0
TOTAL REVENUE $1,189,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $439,506
Fundraising Expenses $0
Program Expenses $595,723
Other Expenses $467,935
TOTAL EXPENSES $907,441

Year-over-Year Comparison

2024 2023 Change
Revenue $1,189,429 $720,488 +0.7%
Expenses $907,441 $596,196 +0.5%
Net Income $281,988 $124,292 +1.3%
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

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Governance

Voting Members
1
Independent Members
1
Employees
10
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
1
$185,300
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THERESSA HAMMON EXECUTIVE DI 40.00
Officer
$177,020 $8,280 $185,300
ALLEN BATTLE TREASURER N/A
Director
$0 $0 $0
MICHAEL DAVIDSON DIRECTOR N/A
Director
$0 $0 $0
ROGER HADLEY DIRECTOR N/A
Director
$0 $0 $0
MIKE HAMNER BOARD VICE-C N/A
Director
$0 $0 $0
STEVE PRENTISS DIRECTOR N/A
Director
$0 $0 $0
MICHAEL RADER BOARD CHAIRM N/A
Director
$0 $0 $0
JAMES SHORE DIRECTOR N/A
Director
$0 $0 $0
SONNY WEEKS DIRECTOR N/A
Director
$0 $0 $0
JOEY WENINEGAR DIRECTOR N/A
Director
$0 $0 $0
LISA WILLIAMS SECRETARY N/A
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 $1,189,429 $907,441 $741,111 $281,988
2023 $720,488 $596,196 $466,815 $124,292
2022 $610,204 $565,547 $350,215 $44,657
2021 $605,754 $548,699 $336,420 $57,055
2020 $458,097 $441,500 $272,383 $16,597
2019 $455,031 $463,210 $79,386 $-8,179
2018 $420,105 $423,379 $87,565 $-3,274
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