Alaska Technical Training Association Inc (EIN 883204617) - 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

2022

Legal Domicile

Principal Officer

Christopher Lisenby

Phone

9072603900

Tax Period

2024-01-01 to 2024-12-31

Alaska Technical Training Association Inc, founded in 2022, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 3% surplus.

Mission

To improve the image of commercial transportation and exceed our students expectations with quality education in a safe and professional environment, by training the next generation of professional truck drivers.

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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 $1,448,143

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,448,143

Expense Breakdown

Grants Paid $1,800

Salaries & Benefits $851,777

Fundraising Expenses $0

Program Expenses $1,329,868

Other Expenses $548,297

TOTAL EXPENSES $1,401,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,448,143	$726,410	+1.0%
Expenses	$1,401,874	$648,587	+1.2%
Net Income	$46,269	$77,823	-0.4%

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

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

$130,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Lisenby	Director of Operations	065.00	Officer	$130,000	$0	$130,000
Martin Hanson	President	001.00	Officer Director	$0	$0	$0
Joshua Green	Vice President	001.00	Officer Director	$0	$0	$0
George Wright	Secretary	001.00	Officer 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	$1,448,143	$1,401,874	$123,772	$46,269
2023	$726,410	$648,587	$87,952	$77,823

Alaska Technical Training Association Inc