JT MITCHELL PRE-APPRENTICE ACADEMY

EIN: 833407653 501(c)(3) Employment

LONG BEACH, CA

Total Revenue
$268,185
Total Expenses
$321,588
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
CA
Principal Officer
DELROY SARGEANT
Phone
9512105716
Tax Period
2024-01-01 to 2024-12-31

JT MITCHELL PRE-APPRENTICE ACADEMY, founded in 2019, is a small nonprofit in the Employment sector that reported $268K in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $322K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATION IS TO HELP MEMBERS Of THE COMMUNITY ENTER INTO CAREERS, UTILITY AND MECHANICAL TRADES BY TEACHING CLASSES YEAR ROUND FREE OF CHARGE.

Program Service Accomplishments

Program 1
Expenses: $321,588 Revenue: $268,185

THE ORGANIZATION ACCOMPLISHMENTS INVOLVES EDUCATING THE COMMUNITY IN UTILITY AND MAINTENANCE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,687
Program Service Revenue $266,498
Investment Income $0
Other Revenue $0
TOTAL REVENUE $268,185

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $321,588
Other Expenses $321,588
TOTAL EXPENSES $321,588

Year-over-Year Comparison

2024 2023 Change
Revenue $268,185 $100,518 +1.7%
Expenses $321,588 N/A N/A
Net Income $-53,403 $100,518 -1.5%
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
N/A
Volunteers
5

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
0
$0
Total Directors
1
$23,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DELROY SERGENT DIRECTOR 40.00
Director
$23,600 $0 $23,600
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 $268,185 $321,588 No data $-53,403
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