CENTER FOR EMPLOYMENT TRAINING

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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

1967

Legal Domicile

Principal Officer

RUBEN SOLORIO

Phone

4082877924

Tax Period

2024-07-01 to 2025-06-30

CENTER FOR EMPLOYMENT TRAINING, founded in 1967, is a mid-sized nonprofit in the Employment sector that reported $34.7M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $33.6M left a modest 3% surplus.

Mission

The mission of Center for Employment Training "CET" is to promote human development and education by providing people with marketable skills training and supportive services that contribute to self-sufficiency.

Program Service Accomplishments

Program 1

Expenses: $20,258,898

The mission of Center for Employment Training "CET" is to promote human development and education by providing people with marketable skills training and supportive services that contribute to...

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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 $26,277,945

Program Service Revenue $3,766,252

Investment Income $4,641,460

Other Revenue $55,795

TOTAL REVENUE $34,741,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,966,654

Fundraising Expenses $44,515

Program Expenses $20,258,898

Other Expenses $15,647,740

TOTAL EXPENSES $33,614,394

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,741,452	$28,979,150	+0.2%
Expenses	$33,614,394	$28,829,395	+0.2%
Net Income	$1,127,058	$149,755	+6.5%

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

266

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

$688,139

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUBEN SOLORIO	President & CEO	40.00	Officer	$288,462	$0	$288,462
MOHAMED MAHDI MUBARAK	CFO	40.00	Officer	$211,368	$0	$211,368
PASCAL H DO	COO	40.00	Officer	$188,309	$0	$188,309
SARA GARCIA	VP PUBLIC AFF	40.00	Director	$0	$0	$0
EDWARD L ROMERO	Director	40.00	Director	$0	$0	$0
RYAN CHRISTOPHER NELSON	Director	40.00	Director	$0	$0	$0
ELVIRA ANAYA	Director	40.00	Director	$0	$0	$0
JONATHAN A MORAN	Director	40.00	Director	$0	$0	$0
LUIS AGUILAR	VP ACADEMIC AFF	40.00	Director	$0	$0	$0
ALIA AYYAD	Director	40.00	Director	$0	$0	$0
MONICA LIMAS	Director	40.00	Director	$0	$0	$0
TOM GENTLE	Director	40.00	Director	$0	$0	$0
ELSA GARCIA DE LEON	VP FINANCE AID	40.00	Director	$0	$0	$0
ARNISE DEJOHNETTE	VP CONTRACTS	40.00	Director	$0	$0	$0
LOURDES CENDEJAS	VP OF HR	40.00	Director	$0	$0	$0
DANIEL MORALES FRANCHINI	Director	40.00	Director	$0	$0	$0
MARICELA GUTIERREZ	Director	40.00	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	$34,741,452	$33,614,394	$41,284,712	$1,127,058
2024	$28,993,033	$28,829,399	$33,483,082	$163,634
2023	$27,050,811	$29,223,024	$35,910,942	$-2,172,213
2022	$32,924,536	$32,039,417	$31,804,454	$885,119
2021	$29,656,765	$27,744,911	$32,599,787	$1,911,854
2020	$29,322,103	$28,771,835	$28,803,141	$550,268
2019	$26,249,798	$26,541,636	$30,100,262	$-291,838
2018	$27,419,522	$29,897,560	$31,215,796	$-2,478,038