EAST VALLEY INSTITUTE OF TECHNOLOGY EDUCATION FOUNDATION INC (EIN 860953896) - 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

1999

Legal Domicile

Principal Officer

DR LARRY CHRISTIANSEN

Phone

4804614000

Tax Period

2023-10-01 to 2024-09-30

EAST VALLEY INSTITUTE OF TECHNOLOGY EDUCATION FOUNDATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $158K, a strong 60% operating margin.

Mission

THE MISSION IS TO SECURE AND DISTRIBUTE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS FOR THE BENEFIT OF PROMOTING EXCELLENCE IN VOCATIONAL TECHNOLOGICAL EDUCATION AND ENHANCING EDUCATIONAL AND EMPLOYMENT OPPORTUNITIES FOR EVIT STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,397

Program Service Revenue $0

Investment Income $41,672

Other Revenue $14,775

TOTAL REVENUE $262,844

Expense Breakdown

Grants Paid $31,021

Salaries & Benefits $0

Fundraising Expenses $29,844

Program Expenses $37,951

Other Expenses $74,281

TOTAL EXPENSES $105,302

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,844	$311,898	-0.2%
Expenses	$105,302	$238,270	-0.6%
Net Income	$157,542	$73,628	+1.1%

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

N/A

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

$14,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURT KRIZAN	CHAIR	1.00	Director	$0	$0	$0
DENNY BROWN	BOARD MEMBER	10.00	Director	$14,400	$0	$14,400
THOM MAHER	TREASURER	1.00	Officer Director	$0	$0	$0
CAROLYN O'REILLY	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANKI BUCKMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE ZAVISLAK	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY CHRISTIANSEN	CHAIR	1.00	Officer Director	$0	$0	$0
PATRICK PAUL	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY VIOLETTE	SECRETARY	1.00	Officer Director	$0	$0	$0
REX GRINDER	BOARD MEMBER	1.00	Director	$0	$0	$0
ART PICCINATI	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVE RICHINS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEB DUVALL	BOARD MEMBER	1.00	Director	$0	$0	$0
LIZ PAULUS	BOARD MEMBER	1.00	Director	$0	$0	$0
NETOYA EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROCKNE ARNETT	BOARD MEMBER	1.00	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	$262,844	$105,302	$1,497,387	$157,542
2023	$311,898	$238,270	$1,146,820	$73,628
2022	$318,341	$108,720	$1,110,871	$209,621
2021	$150,035	$125,390	$1,117,364	$24,645
2020	$169,458	$107,919	$946,127	$61,539
2019	$150,166	$110,093	$848,759	$40,073

EAST VALLEY INSTITUTE OF TECHNOLOGY EDUCATION FOUNDATION INC