IRONWORKER SKILLS INSTITUTE

EIN: 833117350 501(c)(3)

PELL CITY, AL

Total Revenue
$269,837
Total Expenses
$197,585
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AL
Tax Period
2023-01-01 to 2023-12-31

IRONWORKER SKILLS INSTITUTE, founded in 2019, is a small nonprofit that reported $397K in total revenue in fiscal year 2021. The organization ran a surplus of $68K, a strong 17% operating margin.

Mission

TO TEACH STUDENTS THE SKILLS NECESSARY TO BECOME IRONWORKERS. TO ASSIST STUDENTS IN JOB PLACEMENTS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $269,832
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $269,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,653
Fundraising Expenses $0
Program Expenses $98,130
Other Expenses $103,932
TOTAL EXPENSES $197,585

Year-over-Year Comparison

2023 2022 Change
Revenue $269,837 $282,929 0.0%
Expenses $197,585 $287,087 -0.3%
Net Income $72,252 $-4,158 -18.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
5
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN DAVIS DIRECTOR 2.00
Director
$0 $0 $0
OWEN PARRISH DIRECTOR 2.00
Officer Director
$0 $0 $0
TOM ROBERTSHAW PRESIDENT 10.00
Officer Director
$0 $0 $0
JASON ROBERTS SECTREASURER 5.00
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
2023 $269,837 $197,585 No data $72,252
2022 $282,929 $287,087 $382,150 $-4,158
2021 $396,520 $328,471 $73,261 $68,049
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