Craftsman Center

Nonprofit profile at a glance

EIN
933090714
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Taylor, TX, USA
Phone
5129719370
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Vocational, Technical Schools

Reported finances

Revenue
$189,537
Expenses
$190,164
Assets
$72,409
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DR LINDSIE ALMQUIST (PRESIDENT)

People named in this filing

  • EDGAR PADILLA (DIRECTOR)
  • SAM DOWDY SR (CHAIR)
  • SUSAN FAYKUS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Craftsman center for the trades is a student-centered, grassroots educational institution that is focused on redefining the trades, breaking generational poverty to provide generational wealth, and partner with stakeholders to better serve the people we serve. We're here to transform the trades industry through transforming lives and supporting students to improve the world around them.

What it reported doing in 2024

Creation of pre-apprenticeship track for high school students to get their tradesman with taylor and thrall isds. Creation of apprenticeship program with s&d residential and coppera commercial plumbing companies where apprentices are learning while on the job through our dol approved program. Craftsman center became a part of the etpl for educating in regards to plumbing.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 41
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 85.4%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -0.3%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 103% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 27.6% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: -0.9% per year; rating input score 0; 25th percentile among comparable filings

Details

  • Where the money goes: 85.7% of revenue deployed · 85.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $162K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Growth: Asset growth scored 0/100.