NOTRE DAME EDUCATION CENTER INC (EIN 043181652) - 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

1992

Legal Domicile

Principal Officer

CHARLES SHEDIAC

Phone

6172681912

Tax Period

2023-07-01 to 2024-06-30

NOTRE DAME EDUCATION CENTER INC, founded in 1992, is a small nonprofit that reported $390K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $639K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO PROVIDE QUALITY EDUCATION AND SUPPORT TO EMPOWER ADULT LEARNERS TO REALIZE THEIR FULL POTENTIAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $273,261

Program Service Revenue $0

Investment Income $24

Other Revenue $116,850

TOTAL REVENUE $390,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $247,435

Fundraising Expenses $43,306

Program Expenses $411,247

Other Expenses $391,329

TOTAL EXPENSES $638,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$390,135	$466,042	-0.2%
Expenses	$638,764	$912,311	-0.3%
Net Income	$-248,629	$-446,269	-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

Volunteers

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

$96,923

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES R SHEDIAC	PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN COHN	TREASURER	9.00	Officer Director	$0	$0	$0
DANIEL J BRAZ CFA	DIRECTOR	1.00	Director	$0	$0	$0
PAULINE EDMONDS ESQ RN	CLERK	1.00	Officer Director	$0	$0	$0
JOHN F DESMOND	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT M KIRWIN ESQ	DIRECTOR	1.00	Director	$0	$0	$0
CONOR G DILLON CPA	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN R GALLE	DIRECTOR	1.00	Director	$0	$0	$0
MONICA PAEZ	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW C FANTASIA CPA	DIRECTOR	1.00	Director	$0	$0	$0
GERALDINE BURNS SND	DIRECTOR	1.00	Director	$0	$0	$0
BOB DEININGER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN R VANASSE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DURANTE ESQ	EXECUTIVE DIRECTOR	35.00	Officer	$96,923	$0	$96,923

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	$390,135	$638,764	No data	$-248,629
2023	$466,042	$912,311	$5,930,015	$-446,269
2022	$269,088	$889,096	$6,240,729	$-620,008
2021	$693,738	$737,492	$6,896,183	$-43,754
2020	$453,113	$946,878	$6,975,325	$-493,765
2019	$6,577,333	$2,102,120	$7,462,892	$4,475,213
2018	$1,211,228	$2,048,541	$5,256,998	$-837,313

NOTRE DAME EDUCATION CENTER INC