DOVER ADULT LEARNING CENTER INC (EIN 020339922) - Form 990 Financial Analysis & Trantor Score

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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

1972

Legal Domicile

Principal Officer

SHAWN MAHONEY

Phone

6037421030

Tax Period

2024-07-01 to 2025-06-30

DOVER ADULT LEARNING CENTER INC, founded in 1972, is a small nonprofit in the Education sector that reported $406K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $87K, a strong 21% operating margin.

Mission

HELPING ADULTS ENHANCE THEIR LIFE SKILLS AND IMPROVE THEIR LIVES THROUGH BASIC EDUCATION, JOB TRAINING, HIGH SCHOOL COMPLETION, AND ENRICHMENT CLASSES. WE HELP OUR STUDENTS BECOME MORE EFFECTIVE LIFELONG LEARNERS, FAMILY MEMBERS, WORKERS, AND CITIZENS.

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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 $172,530

Program Service Revenue $124,964

Investment Income $63,577

Other Revenue $45,023

TOTAL REVENUE $406,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,632

Fundraising Expenses $2,836

Program Expenses $287,120

Other Expenses $231,523

TOTAL EXPENSES $319,155

Year-over-Year Comparison

	2024	2023	Change
Revenue	$406,094	$433,797	-0.1%
Expenses	$319,155	$278,151	+0.1%
Net Income	$86,939	$155,646	-0.4%

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

N/A

Volunteers

107

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

Total Directors

Key Employees

$162,881

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA BOUDREAU	DIRECTOR	1.00	Director	$0	$0	$0
ROLLINS JANETOS	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS MUNSON	DIRECTOR	1.00	Director	$0	$0	$0
DON NARY	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA COTTA	DIRECTOR	1.00	Director	$0	$0	$0
TEREZA LEITE	DIRECTOR	1.00	Director	$0	$0	$0
BOB RENSHAW	DIRECTOR	1.00	Director	$0	$0	$0
CHARLENE HOYT	DIRECTOR	1.00	Director	$0	$0	$0
ANNE KISIL	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW ODOR	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS E GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
LAURA BAXTER	SECRETARY	1.00	Officer	$0	$0	$0
KIMBERLY BELAIR	TREASURER	1.00	Officer	$0	$0	$0
JENNA ANAND	VICE PRESIDENT	1.00	Officer	$0	$0	$0
SHAWN MAHONEY	PRESIDENT	1.00	Officer	$0	$0	$0
DEANNA STRAND	EXECUTIVE DIRECTOR	50.00	Key Emp	$0	$59,431	$162,881

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	$406,094	$319,155	$1,369,065	$86,939
2024	$433,797	$278,151	$1,298,340	$155,646
2023	$309,762	$333,836	$1,092,466	$-24,074
2022	$282,378	$289,020	$901,074	$-6,642
2020	$302,812	$331,424	$859,825	$-28,612
2019	$360,061	$330,329	$879,204	$29,732

DOVER ADULT LEARNING CENTER INC