HAMIDIAN TRAINING INSTITUTE CORPOR… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

ANTOINETTE HAMIDIAN

Phone

5702120561

Tax Period

2024-01-01 to 2024-12-31

HAMIDIAN TRAINING INSTITUTE CORPORATION, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $364K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

HAMIDIAN TRAINING INSTITUTE CORP'S MISSION IS TO PROVIDE INTENSIVE BEHAVIORAL HEALTH SERVICES, INDIVIDUAL SERVICES, GROUP SERVICES AND APPLIED BEHAVIORAL ANALYSIS TO COMMUNITY MEMBERS IN NEED OF SAID SERVICES. THE ACTIVITIES INCLUDE TRAINING, MENTAL HEALTH TASKS, AND ACTIVITIES FOR INDIVIDUALS WITH MENTAL HEALTH, DRUG & ALCOHOL PROBLEMS. STUDENTS IN TRAINING, FAMILY MEMBERS, DOCTORS IN RESIDENCE AND OTHER MENTAL HEALTH PROVIDERS WILL BENEFIT FROM THESE SERVICES.

Program Service Accomplishments

Program 1

Expenses: $364,753 Revenue: $313,600

HAMIDIAN TRAINING INSTITUTE CORPORATION DEVELOPED ACTIVITIES IN MENTAL HEALTH TRAINING AND TASKS FOR INDIVIDUALS WITH MENTAL HEALTH, DRUG & ALCOHOL PROBLEMS. THIS INCLUDED STUDENTS IN TRAINING...

HAMIDIAN TRAINING INSTITUTE CORPORATION DEVELOPED ACTIVITIES IN MENTAL HEALTH TRAINING AND TASKS FOR INDIVIDUALS WITH MENTAL HEALTH, DRUG & ALCOHOL PROBLEMS. THIS INCLUDED STUDENTS IN TRAINING, FAMILY MEMBERS, DOCTORS IN RESIDENCE AND OTHER MENTAL HEALTH PROVIDERS.

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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 $50,500

Program Service Revenue $313,600

Investment Income $0

Other Revenue $0

TOTAL REVENUE $364,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $306,965

Fundraising Expenses $0

Program Expenses $364,753

Other Expenses $57,788

TOTAL EXPENSES $364,753

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,100	$247,261	+0.5%
Expenses	$364,753	$279,415	+0.3%
Net Income	$-653	$-32,154	-1.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTOINETTE HAMIDIAN	SECRETARY	15.00	Officer Director	$0	$0	$0
PATTI RIEDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
HOPE WORMUTH	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	$364,100	$364,753	$35,435	$-653
2023	$247,261	$279,415	$26,243	$-32,154
2022	$326,267	$342,775	$22,394	$-16,508

HAMIDIAN TRAINING INSTITUTE CORPORATION