Pittsburgh Chapter of the National Tooling and Machining Foundation Inc

Nonprofit profile at a glance

EIN
431955325
IRS 990 coverage
2012–2022
Forms available
Form 990 2022, Form 990-EZ 2011
Location
Pittsburgh, PA, USA
Phone
4122138486
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$1,408,426
Expenses
$1,137,320
Assets
$663,473
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • KEVIN HARTFORD (PRESIDENT)

Highest reported compensation

  • MICHEL CONKLIN (CHAPTER EXECUTIVE(EFFECTIVE 10/1/23))): $80,000 total reported compensation
  • EDWARD SIKORA (CHAPTER EXECUTIVE): $37,470 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To assume a leadership position in the training and development of future generations for the metalworking profession, while continuing to lead southwestern Pennsylvania's custom manufacturing industry in achieving business success by providing a center of knowledge.

What it reported doing in 2022

Botsiq is a workforce development program that was created by manufacturers to solve its biggest issue: recruiting a skilled workforce. Its quality technical education programming is offered year-round to students at public and private schools, homeschools, and qualified youth organizations across southwestern Pennsylvania-free of charge. Since 2005, more than 10,000 students have been impacted by botsiq's exciting, hands-on stem program as they design, build, and compete with 15-pound robotic creations, all the while successfully gaining the technical skills needed for manufacturing and stem careers. Additional programs include industry-based online coursework, career planning, and a state-registered robotics technician pre-apprenticeship emphasizing: business, technology, government affairs, education, networking, and marketing.

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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 97.5%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.2%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 7.9%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 16.2% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 15.8% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 97.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $80K · 11 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 11 filing years from 2012 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.