1EDTECH CONSORTIUM INC (EIN 043489277) - 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

1999

Legal Domicile

Principal Officer

ROBERT J ABEL

Phone

4073627783

Tax Period

2022-01-01 to 2022-12-31

1EDTECH CONSORTIUM INC, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $6.8M in total revenue in fiscal year 2022. Expenses of $7.9M exceeded revenue, resulting in a 16% operating deficit.

Mission

1EDTECH'S MISSION IS TO POWER LEARNER POTENTIAL BY FOSTERING THE EVOLUTION OF AN OPEN, TRUSTED, INNOVATIVE EDUCATION TECHNOLOGY AND DIGITAL CREDENTIALS ECOSYSTEM. WE PROVIDE THE LEADERSHIP AND COLLABORATION NEEDED TO SHAPE THE FUTURE OF EDUCATION. THROUGH COMMUNITY-DEVELOPED OPEN STANDARDS, WE ENABLE DIGITAL LEARNING CONNECTIVITY, DATA INSIGHTS, AND IMPROVED PRODUCT CHOICE. WE ESTABLISH TRUST AND TRANSPARENCY IN EDTECH PARTNERSHIPS THROUGH COMMUNITY-GOVERNED CERTIFICATION PROGRAMS THAT VERIFY STRINGENT REQUIREMENTS FOR PRODUCT INTEGRATIONS, DATA PRIVACY, AND ACCESSIBILITY. WE ACCELERATE THE ADOPTION OF NEW TECHNOLOGIES THAT ADVANCE DIGITAL LEARNING TO MEET THE EVOLVING NEEDS OF EDUCATORS AND LEARNERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $5,724,101

Program Service Revenue $1,056,632

Investment Income $46,445

Other Revenue $0

TOTAL REVENUE $6,827,178

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,947,844

Fundraising Expenses $0

Other Expenses $2,972,916

TOTAL EXPENSES $7,920,760

Year-over-Year Comparison

	2022	2021	Change
Revenue	$6,827,178	$7,120,866	0.0%
Expenses	$7,920,760	$5,977,204	+0.3%
Net Income	$-1,093,582	$1,143,662	-2.0%

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

$378,676

Total Directors

$378,676

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ABEL	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$348,000	$30,676	$378,676
TIMOTHY BEEKMAN	DIRECTOR	1.00	Director	$0	$0	$0
GWENDOLYN BRITTON	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS CAVANAGH	DIRECTOR	1.00	Director	$0	$0	$0
ANNIE CHECHITELLI	DIRECTOR	1.00	Director	$0	$0	$0
JIM CHILTON	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CZARAPATA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER DAVID	DIRECTOR	1.00	Director	$0	$0	$0
SARAH DEMARK	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE DURRENCE	DIRECTOR	1.00	Director	$0	$0	$0
RICK JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
VINCE KELLEN	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA LOBLE	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
LATANYA MCDADE	DIRECTOR	1.00	Director	$0	$0	$0
MARC NELSON	DIRECTOR	1.00	Director	$0	$0	$0
SANJE RATNAVALE	DIRECTOR	1.00	Director	$0	$0	$0
EMILY BELL	DIRECTOR	1.00	Director	$0	$0	$0
BARRY BRAHIER	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE ENGELBERT	DIRECTOR	1.00	Director	$0	$0	$0
KATHE PELLETIER	DIRECTOR	1.00	Director	$0	$0	$0
SERENA SACKS-MANDEL	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE VAIL	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY CLARK	VP K-12 PROGRAMS	40.00	Highest	$193,250	$43,928	$237,178
MARK LEUBA	CONSULTING VICE PRESIDENT	40.00	Highest	$233,530	$34,438	$267,968
SANDRA DECASTRO	VICE PRESIDENT, MARKETING & HIGHER EDUCATION PROG	40.00	Highest	$201,253	$18,263	$219,516
LILLIANA BEATRIZ ARNILLAS	SENIOR DIRECTOR OF CURRICULUM INNOVATION	40.00	Highest	$158,082	$31,923	$190,005
ANDREA DEAU	SENIOR DIRECTOR FOR HIGHER EDUCATION PROGRAMS	40.00	Highest	$167,110	$12,649	$179,759

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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$6,827,178	$7,920,760	$12,144,014	$-1,093,582
2021	$7,120,866	$5,977,204	$12,539,659	$1,143,662
2020	$5,511,102	$5,898,096	$11,737,555	$-386,994
2019	$6,164,411	$5,241,015	$11,879,149	$923,396
2018	$5,496,987	$4,424,575	$10,833,215	$1,072,412

1EDTECH CONSORTIUM INC