THE SKILLS CENTER GROUP INC

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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

2022

Legal Domicile

Principal Officer

CELESTE ROBERTS

Phone

8137031324

Tax Period

2024-10-01 to 2025-09-30

THE SKILLS CENTER GROUP INC, founded in 2022, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring.

Mission

TO FACILITATE NEW MARKET TAX CREDIT TRANSACTIONS WHICH WILL FUND THE CONSTRUCTION OF THE SKILLS CENTER FACILITY

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $1,080,998

TO FACILITATE NEW MARKET TAX CREDIT TRANSACTIONS WHICH WILL FUND THE CONSTRUCTION OF THE SKILLS CENTER FACILITY TO SUPPORT THE MISSION OF THE SKILLS CENTER WHICH IS TO INTENTIONALLY UTILIZE ATHLETICS AS THE MECHANISM TO ACCELERATE ACADEMIC ACHIEVEMENT, BUILD CHARACTER, AND PROMOTE HEALTH & FITNESS FOR YOUNG PEOPLE AGES 3-18 IN TAMPA BAY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,208,436

TOTAL REVENUE $1,208,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,199,813

TOTAL EXPENSES $1,199,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,208,436	$5,056,310	-0.8%
Expenses	$1,199,813	$4,394,141	-0.7%
Net Income	$8,623	$662,169	-1.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE MARSH	DIRECTOR	2.00	Director	$0	$0	$0
BOBBIE DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
JOSELYNNE FORD	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE GODWIN	DIRECTOR	2.00	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
2025	$1,208,436	$1,199,813	$33,877,726	$8,623
2024	$5,056,310	$4,394,141	$34,158,242	$662,169
2023	$10,430,803	$10,216,998	$19,596,684	$213,805
2022	$1,517,446	$2,718,818	$19,752,665	$-1,201,372