DELAWARE CENTER FOR DISTANCE ADULT (EIN 043648400) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CATHY KIPP

Phone

3027395564

Tax Period

2024-07-01 to 2025-06-30

DELAWARE CENTER FOR DISTANCE ADULT, founded in 2002, is a small nonprofit in the Education sector that reported $630K in total revenue in fiscal year 2024.

Mission

TO PROVIDE A PERSONALIZED PROGRAM WITH QUALITY INSTRUCTION AND SUPPORT TO ENABLE ADULT LEARNERS TO BECOME MORE EFFECTIVE EMPLOYEES, FAMILY MEMBERS, AND COMMUNITY PARTICIPANTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $618,857

Program Service Revenue $10,993

Investment Income $0

Other Revenue $0

TOTAL REVENUE $629,850

Expense Breakdown

Grants Paid $0

Salaries & Benefits $534,134

Fundraising Expenses $0

Program Expenses $517,696

Other Expenses $105,896

TOTAL EXPENSES $640,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$629,850	$628,175	+0.0%
Expenses	$640,030	$606,822	+0.1%
Net Income	$-10,180	$21,353	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$159,699

Total Directors

$159,699

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY KIPP	BOARD PRESID	40.00	Officer Director	$159,699	$0	$159,699
SHARMINA ELLIS-WASHINGTON	BOARD TREASU	1.00	Officer Director	$0	$0	$0
BARBARA MADDAMS	GENERAL MEMB	1.00	Director	$0	$0	$0

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	$629,850	$640,030	$2,493	$-10,180
2024	$628,175	$606,822	$12,202	$21,353
2023	$605,070	$633,378	$309	$-28,308
2022	$529,223	$579,762	$22,108	$-50,539
2021	$573,654	$525,820	$72,089	$47,834
2020	$586,724	$577,170	$25,495	$9,554
2019	$646,635	$665,486	$10,083	$-18,851
2018	$585,504	$727,441	$20,497	$-141,937

DELAWARE CENTER FOR DISTANCE ADULT