TEKTON CAREER TRAINING INC (EIN 821769071) - 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

2017

Principal Officer

MATT REID

Tax Period

2024-01-01 to 2024-12-31

TEKTON CAREER TRAINING INC, founded in 2017, is a small nonprofit in the Employment sector that reported $372K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 15% operating margin.

Mission

TEKTON EMPOWERS UNDEREMPLOYED PEOPLE FROM DISPLACED AND DISADVANTAGED COMMUNITIES THROUGH TRADES TRAINING AND LEADERSHIP DEVELOPMENT TO LONG TERM CAREERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $370,874

Program Service Revenue $0

Investment Income $691

Other Revenue $0

TOTAL REVENUE $371,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,026

Fundraising Expenses $11,400

Program Expenses $225,740

Other Expenses $142,028

TOTAL EXPENSES $315,054

Year-over-Year Comparison

	2024	2023	Change
Revenue	$371,565	$244,351	+0.5%
Expenses	$315,054	$397,558	-0.2%
Net Income	$56,511	$-153,207	-1.4%

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

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
MALLORY KELLER	BOARD CHAIRP	5.00	Officer Director	$0	$0	$0
MATT REID	TREASURER	5.00	Officer Director	$0	$0	$0
REGINA VEREEN	BOARD MEMBER	5.00	Director	$0	$0	$0
JESS ROBINSON	BOARD MEMBER	5.00	Director	$0	$0	$0
ALEX TING	BOARD MEMBER	5.00	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	$371,565	$315,054	$84,840	$56,511
2023	$244,351	$397,558	$28,329	$-153,207
2022	$435,181	$289,607	$181,594	$145,574

TEKTON CAREER TRAINING INC