SKILLED KC TECHNICAL INSTITUTE INC (EIN 842590050) - 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

2019

Legal Domicile

Principal Officer

KRISTIN BECHARD

Phone

8169321000

Tax Period

2022-01-01 to 2022-12-31

SKILLED KC TECHNICAL INSTITUTE INC, founded in 2019, is a micro nonprofit that reported $74K in total revenue in fiscal year 2022. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 1854% operating deficit.

Mission

SKILLED KC TECHNICAL INSTITUTE PROVIDES QUALITY TRAINING FOR IN-DEMAND CAREERS, GIVING STUDENTS THE OPPORTUNITY TO GET GOOD PAYING JOBS IN MONTHS, NOT YEARS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $73,418

Program Service Revenue $221

Investment Income $0

Other Revenue $0

TOTAL REVENUE $73,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $983,568

Fundraising Expenses $0

Program Expenses $817,356

Other Expenses $455,385

TOTAL EXPENSES $1,438,953

Year-over-Year Comparison

	2022	2021	Change
Revenue	$73,639	$5,090,533	-1.0%
Expenses	$1,438,953	$3,654,454	-0.6%
Net Income	$-1,365,314	$1,436,079	-2.0%

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

N/A

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

$1,499,125

Total Directors

$1,499,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN TYLER	SECRETARY	1.00	Officer Director	$0	$42,742	$567,636
KRISTIN BECHARD	TREASURER	1.00	Officer Director	$0	$66,011	$456,002
AARON NORTH	PRESIDENT	1.00	Officer Director	$0	$64,476	$475,487
STEVEN M LANASA	CHIEF ADMIN OFFICER/SENIOR VP	40.00	Highest	$104,411	$7,068	$111,479
WENDY GUILLES	FORMER CHAIR	1.00		$0	$1,210,086	$1,997,908

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
2022	$73,639	$1,438,953	No data	$-1,365,314
2021	$5,090,533	$3,654,454	$2,788,911	$1,436,079
2020	$4,500,574	$3,333,232	$1,352,556	$1,167,342

SKILLED KC TECHNICAL INSTITUTE INC