MECHANICAL CRAFT TRAINING INSTITUTE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

KEVIN S CORDELL

Phone

2052034968

Tax Period

2025-01-01 to 2025-12-31

MECHANICAL CRAFT TRAINING INSTITUTE, founded in 2021, is a small nonprofit in the Education sector that reported $320K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $431K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MECHANICAL CRAFT TRAINING INSTITUTE (MCTI) IS A PLACE WHERE YOU CAN PERFECT YOUR CRAFT, MAKE CONNECTIONS IN THE INDUSTRY, AND EXPAND YOUR SKILLS TO MAKE YOU MORE PROFESSIONALLY VERSATILE. THE TRAINING YOU RECEIVE AT MCTI WILL HELP POSITION YOU FOR VOCATIONAL ADVANCEMENT TO FOREMAN AND BEYOND.

Program Service Accomplishments

Program 1

Expenses: $428,860 Revenue: $316,170

MCTI PROVIDES APPRENTICESHIP, EDUCATION, SCHOLARSHIPS AND OPPORTUNITIES FOR ON-THE-JOB TRAINING IN MECHANICAL CRAFTS INCLUDING SHEET METAL, PIPING, HVAC/SERVICE AND PLUMBING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $311,796

Program Service Revenue $4,374

Investment Income $4,212

Other Revenue $0

TOTAL REVENUE $320,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,389

Fundraising Expenses $0

Program Expenses $428,860

Other Expenses $320,633

TOTAL EXPENSES $431,022

Year-over-Year Comparison

	2025	2024	Change
Revenue	$320,382	$373,475	-0.1%
Expenses	$431,022	$298,828	+0.4%
Net Income	$-110,640	$74,647	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
KEVIN S CORDELL	TREASURER	2.00	Officer	$0	$0	$0
THOMAS CORDELL	CHAIRMAN	2.00	Officer	$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
2025	$320,382	$431,022	$70,932	$-110,640
2024	No data	No data	No data	No data