SKILLCRAFT 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

1956

Legal Domicile

Principal Officer

JULIAN VINATIERI

Phone

9252282302

Tax Period

2025-01-01 to 2025-12-31

SKILLCRAFT INC, founded in 1956, is a micro nonprofit that reported $3K in total revenue in fiscal year 2025. Revenue fell 106% from the prior year — a significant decline worth monitoring.

Mission

MANAGE PROPERTY HELD BY THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (IBEW) LOCAL 302.

Program Service Accomplishments

Program 1

MANAGE AND MAINTAIN BUILDING FOR IBEW LOCAL 302.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $136

Other Revenue $-3,290

TOTAL REVENUE $-3,154

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $17,938

TOTAL EXPENSES $20,938

Year-over-Year Comparison

	2025	2024	Change
Revenue	$-3,154	$56,389	-1.1%
Expenses	$20,938	$35,824	-0.4%
Net Income	$-24,092	$20,565	-2.2%

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

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

N/A

Employees

N/A

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

$878,062

Total Directors

$642,847

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Julian Vinatieri	Secretary/treasurer	5.0	Officer Director	$0	$64,121	$251,506
Rachel Shoemake	President	20.0	Officer Director	$0	$63,646	$235,215
Terry Baldwin	Trustee	5.0	Officer	$0	$63,646	$235,215
Tom Hansen	Secretary/Treasurer (term)	5.0	Officer Director	$0	$35,419	$156,126
John Sevilla	vice president	5.0	Officer Director	$0	$0	$0
Chris Cossey	Vice President (term)	5.0	Officer Director	$0	$0	$0
John Stich	Trustee (term)	5.0	Officer	$0	$0	$0
Mark Ramsey	Trustee	5.0	Officer	$0	$0	$0
Leon Marchal	Trustee	5.0	Officer	$0	$0	$0
JESSICA CANADA BRYANT	TRUSTEE	5.0	Officer	$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	$-3,154	$20,938	$2,491,939	$-24,092
2024	$56,389	$35,824	$2,516,104	$20,565
2023	$32,824	No data	$2,495,539	No data
2022	$-60,247	No data	$2,539,035	No data
2021	$-9,193	No data	$2,624,558	No data
2020	$-7,694	$11,655	$2,529,580	$-19,349
2019	$-11,252	$13,261	$2,551,607	$-24,513
2018	$-54,279	$11,400	$2,596,158	$-65,679