EKENTUCKY ADVANCED MANUFACTURING INSTITUTE INC (EIN 811741377) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

KATHY WALKER

Phone

6067898568

Tax Period

2024-01-01 to 2024-12-31

EKENTUCKY ADVANCED MANUFACTURING INSTITUTE INC, founded in 2016, is a community nonprofit in the Environment sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $788K, a strong 34% operating margin.

Mission

TO PROVIDE STATE OF THE ART JOB TRAINING AND SUPPORT IN THE MANUFACTURING AND ROBOTICS INDUSTRIES FOR UNEMPLOYED WORKERS AND TO MEET AND EXCEED THE EXPECTATIONS OF EMPLOYERS IN THE MANUFACTURING INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,262,787

Program Service Revenue $0

Investment Income $74,774

Other Revenue $0

TOTAL REVENUE $2,337,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $734,421

Fundraising Expenses $0

Program Expenses $1,456,124

Other Expenses $815,204

TOTAL EXPENSES $1,549,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,337,561	$1,383,600	+0.7%
Expenses	$1,549,625	$1,348,607	+0.1%
Net Income	$787,936	$34,993	+21.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$213,462

Total Directors

$213,462

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY WALKER	PRESIDENT &	40.00	Officer Director	$213,462	$0	$213,462
HOWARD ROBERTS	SECRETARY &	1.00	Officer Director	$0	$0	$0
JIM MIKE WILLIAMS	TREASURER &	1.00	Officer 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	$2,337,561	$1,549,625	$4,990,951	$787,936
2023	$1,383,600	$1,348,607	$4,204,282	$34,993
2022	$1,278,876	$1,364,592	$4,169,882	$-85,716
2021	$2,477,481	$1,322,234	$4,256,411	$1,155,247
2020	$1,085,558	$1,238,950	$3,226,397	$-153,392
2019	$1,425,124	$1,247,870	$3,259,715	$177,254
2018	$2,249,492	$1,017,861	$1,894,249	$1,231,631

EKENTUCKY ADVANCED MANUFACTURING INSTITUTE INC