KULSHAN VOCATIONAL SERVICES (EIN 911380924) - Form 990 Financial Analysis & Trantor Score

🔒

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

1987

Legal Domicile

Principal Officer

MATT CARLSON

Phone

3606769010

Tax Period

2023-01-01 to 2023-12-31

KULSHAN VOCATIONAL SERVICES, founded in 1987, is a community nonprofit in the Employment sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $302K, a strong 16% operating margin.

Mission

TO PROMOTE MAXIMUM GROWTH & INDEPENDENCE FOR PEOPLE WHO HAVE DISABILITIES THROUGH EMPLOYMENT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,419,418

Program Service Revenue $397,686

Investment Income $665

Other Revenue $37,703

TOTAL REVENUE $1,855,472

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,349,359

Fundraising Expenses $0

Program Expenses $1,218,170

Other Expenses $204,130

TOTAL EXPENSES $1,553,489

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,855,472	$1,612,346	+0.2%
Expenses	$1,553,489	$1,428,773	+0.1%
Net Income	$301,983	$183,573	+0.6%

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

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

$134,377

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY HAAK	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOANNE DIMUCCIO	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK BELZEK SR	BOARD MEMBER	1.00	Director	$0	$0	$0
LEE FOX	BOARD MEMBER	1.00	Director	$0	$0	$0
ILONA MAVES	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN NEUBAUER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLOTTE CHANDLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT CARLSON	EXECUTIVE DIRECTOR	40.00	Officer	$108,059	$26,318	$134,377

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	No data	No data	No data	No data
2023	$1,855,472	$1,553,489	$2,068,353	$301,983
2022	$1,612,346	$1,428,773	$1,773,916	$183,573
2021	$1,458,201	$1,205,837	$1,517,123	$252,364
2020	$1,260,932	$1,176,913	$1,210,383	$84,019
2019	$1,210,973	$1,116,699	$1,061,995	$94,274
2018	$1,090,008	$971,788	$1,073,674	$118,220

KULSHAN VOCATIONAL SERVICES