REGIONAL TRAINING INSTITUTE INC

EIN: 921717650 501(c)(3) Education

JASPER, AL

Total Revenue
$1,053,606
Total Expenses
$907,920
Total Assets
$263,337
Net Assets
$263,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AL
Principal Officer
JOHN WILLS II
Phone
2053844310
Tax Period
2024-01-01 to 2024-12-31

REGIONAL TRAINING INSTITUTE INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum. Expenses of $908K left a modest 14% surplus.

Mission

OUR MISSION IS TO PROVIDE STUDENTS WITH THE KNOWLEDGE, SKILLS, AND HANDS-ON TRAINING NEEDED TO SUCCEED IN THE FIELD OF EMERGENCY MEDICAL SERVICES. WE ARE COMMITTED TO OFFERING HIGH-QUALITY, INDUSTRY-RELEVANT EDUCATION THAT PREPARES OUR GRADUATES FOR REWARDING CAREERS IN A CONSTANTLY EVOLVING JOB MARKET. WE AIM TO EMPOWER OUR STUDENTS TO BECOME SKILLED PROFESSIONALS WHO CONTRIBUTE TO THEIR COMMUNITIES AND MAKE A POSITIVE IMPACT ON THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $627,877 Revenue: $973,623

OUR TECHNICAL SCHOOL PROVIDES JOB TRAINING AND EDUCATION TO STUDENTS IN EMERGENCY MEDICAL SERVICES. WE HAVE WORKED TO DEVELOP CURRICULUM TAILORED TO THEIR SPECIFIC NEEDS, ENSURING OUR GRADUATES ARE...

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OUR TECHNICAL SCHOOL PROVIDES JOB TRAINING AND EDUCATION TO STUDENTS IN EMERGENCY MEDICAL SERVICES. WE HAVE WORKED TO DEVELOP CURRICULUM TAILORED TO THEIR SPECIFIC NEEDS, ENSURING OUR GRADUATES ARE EQUIPPED WITH THE SKILLS EMPLOYERS ARE LOOKING FOR IN EMS. OUR PROGRAMS ALSO OFFER EXTENSIVE SUPPORT SERVICES SUCH AS JOB PLACEMENT ASSISTANCE AND FINANCIAL AID TO ENSURE OUR STUDENTS HAVE THE RESOURCES THEY NEED TO SUCCEED IN THEIR CAREERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,983
Program Service Revenue $973,623
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,053,606

Expense Breakdown

Grants Paid $0
Salaries & Benefits $292,657
Fundraising Expenses $0
Program Expenses $627,877
Other Expenses $615,263
TOTAL EXPENSES $907,920

Year-over-Year Comparison

2024 2023 Change
Revenue $1,053,606 $489,416 +1.2%
Expenses $907,920 $371,765 +1.4%
Net Income $145,686 $117,651 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
4
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
4
$160,545
Total Directors
7
$160,545
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN LEE WILLS II PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN MORROW DEAN OF ADMISSIONS 40.00
Officer Director
$60,000 $0 $60,000
DAVID WAID BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC PENDLEY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD FIKES TREASURER 1.00
Officer Director
$0 $0 $0
LEO JACK DEASON DIRECTOR OF EDUCATION 40.00
Officer Director
$100,545 $0 $100,545
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 $1,053,606 $907,920 $263,337 $145,686
2023 $489,416 $371,765 $117,956 $117,651
2022 No data No data No data No data
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