TRADE SKILL ACADEMY INC

EIN: 993388551 501(c)(3)

POCAHONTAS, AR

Total Revenue
$33,000
Total Expenses
$23,069
Total Assets
$9,931
Net Assets
$9,931
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
AR
Principal Officer
CHAD OVERMAN
Phone
8702021045
Tax Period
2024-07-16 to 2024-12-31

TRADE SKILL ACADEMY INC, founded in 2024, is a micro nonprofit that reported $33K in total revenue in fiscal year 2024. The organization ran a surplus of $10K, a strong 30% operating margin.

Mission

TO EDUCATE YOUNG ADULTS IN VARIOUS TRADES BY BUILDING A TINY HOME FROM THE GROUND UP IN 8 DAYS. STUDENTS WILL LEARN THE BASICS ON CARPENTRY, PLUMBING, ELECTRICAL, FLOORING, PAINTING & MORE. THE BUILDINGS OR TINY HOMES ARE THEN AUCTIONED TO HELP FUND THE NEXT PROGRAM.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,500
Program Service Revenue $21,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,897
Other Expenses $23,069
TOTAL EXPENSES $23,069

Year-over-Year Comparison

2024 2023 Change
Revenue $33,000 N/A N/A
Expenses $23,069 N/A N/A
Net Income $9,931 N/A N/A
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

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD OVERMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
REBEKAH OVERMAN VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
RUTH HOLT SECRETARY/TREASURER 1.00
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 $33,000 $23,069 $9,931 $9,931
Explore More Nonprofits
→Top 100 Nonprofits in Arkansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TRADE SKILL ACADEMY INC with other nonprofits in Arkansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.