SERVTECH (EIN 822845507) - 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

Legal Domicile

Principal Officer

WESLEY HARRIS

Phone

5203672150

Tax Period

2024-01-01 to 2024-12-31

SERVTECH, founded in 2017, is a community nonprofit in the Human Services sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $8.9M left a modest 5% surplus.

Mission

TO EMPOWER THE SEVERLY DISABLED THROUGH COACHING AND TRAINING TO LEAD PRODUCTIVE AND FULFILLING LIVES.

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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 $0

Program Service Revenue $9,354,506

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,354,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,312,909

Fundraising Expenses $0

Program Expenses $8,878,937

Other Expenses $1,566,028

TOTAL EXPENSES $8,878,937

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,354,506	$6,617,736	+0.4%
Expenses	$8,878,937	$6,410,580	+0.4%
Net Income	$475,569	$207,156	+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

Governance

Voting Members

Independent Members

Employees

407

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
WESLEY HARRIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY LEISURE	TREASURER	1.00	Officer Director	$0	$0	$0
SUSAN JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
NEIL HEINRICH	SECRETARY	20.00	Officer	$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	$9,354,506	$8,878,937	$1,003,372	$475,569
2023	$6,617,736	$6,410,580	$521,603	$207,156
2022	$3,003,644	$3,113,859	$303,683	$-110,215
2021	$2,168,727	$1,696,332	$406,838	$472,395
2020	$1,369,023	$1,457,291	$56,553	$-88,268

SERVTECH