NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC (EIN 046112618) - 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

1885

Legal Domicile

Principal Officer

CAMERON C STAPLES

Phone

7814257700

Tax Period

2023-10-01 to 2024-09-30

NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC, founded in 1885, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE MISSION IS TO ADVANCE THE CAUSE OF EDUCATION IN THE COLLEGES AND SCHOOLS OF NEW ENGLAND AND OF OTHER GEOGRAPHICAL AREAS DESIGNATED FROM TIME TO TIME BY THE BOARD OF TRUSTEES. IN ADDITION, THE ASSOCIATION IS TO ACT AS A REGIONAL ACCREDITING ORGANIZATION DEDICATED TO THE ESTABLISHMENT OF COOPERATIVE RELATIONS AMONG THE COLLEGES AND SCHOOLS OF NEW ENGLAND AND OF OTHER GEOGRAPHICAL AREAS DESIGNATED FROM TIME TO TIME BY THE BOARD OF TRUSTEES. THE ASSOCIATION STRIVES TO DEVELOP, MAINTAIN, AND IMPROVE SOUND EDUCATIONAL STANDARDS, AND TO PROMOTE THE INTERESTS IN COMMON TO BOTH COLLEGES AND SCHOOLS.

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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 $185,771

Program Service Revenue $7,916,336

Investment Income $310,814

Other Revenue $-277,323

TOTAL REVENUE $8,135,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,252,544

Fundraising Expenses $0

Program Expenses $4,433,670

Other Expenses $2,198,747

TOTAL EXPENSES $8,451,291

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,135,598	$7,484,063	+0.1%
Expenses	$8,451,291	$7,346,163	+0.2%
Net Income	$-315,693	$137,900	-3.3%

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

1487

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

$493,261

Total Directors

$493,261

Key Employees

$535,482

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAMERON C STAPLES	PRESIDENT/CEO	35.0	Officer Director	$438,225	$55,036	$493,261
JEFF BRADLEY	DIR. FOR ACCRED. AND SCH. IMPR	35.0	Highest	$233,672	$55,389	$289,061
GEORGE EDWARDS	CHIEF ACCREDITATION OFFICER	35.0	Key Emp	$239,715	$44,561	$284,276
EVAN MORSE	CHIEF OPERATIONS OFFICER	35.0	Key Emp	$210,188	$41,018	$251,206
ALYSON GEARY SWIGA	DIR. FOR ACCRED. AND SCH. IMPR	35.0	Highest	$179,390	$44,973	$224,363
DANIEL FERRIS	DIR. FOR ACCRED. AND SCH. IMPR	35.0	Highest	$161,396	$48,329	$209,725
James Mooney	DeputY DIRECTOR	35.0	Highest	$155,797	$47,505	$203,302
Trillium Hibbeln	DIR. FOR ACCRED. AND SCH. IMPR	35.0	Highest	$158,032	$18,251	$176,283
Celeste Bowler	IMMEDIATE PAST CHAIR	5.0	Director	$0	$0	$0
LAURA G WARNER	TREASURER	5.0	Director	$0	$0	$0
EliZABETH W HUERGO	SECRETARY	5.0	Director	$0	$0	$0
GREGORY B MYERS	CHAIR	5.0	Director	$0	$0	$0
PAUL M FOCHTMAN	TRUSTEE	5.0	Director	$0	$0	$0
ROBERT N BALDWIN	TRUSTEE	5.0	Director	$0	$0	$0
HOWARD THIERY	TRUSTEE	5.0	Director	$0	$0	$0
THOMAS E HASSAN	TRUSTEE	5.0	Director	$0	$0	$0
SHARON COURNOYER	TRUSTEE	5.0	Director	$0	$0	$0
CHRISTINE L MCGRATH	TRUSTEE	5.0	Director	$0	$0	$0
JAMES W ABRAMS	TRUSTEE	5.0	Director	$0	$0	$0
MICHAEL GIFFORD HIRSCHFELD	TRUSTEE	5.0	Director	$0	$0	$0
Kevin McCaskill	TruSTEE	5.0	Director	$0	$0	$0
EILEEN M ILLUZZI	TRUSTEE	5.0	Director	$0	$0	$0
THEODORE N SCONTRAS	TRUSTEE	5.0	Director	$0	$0	$0
ANGELA POHLEN	TRUSTEE	5.0	Director	$0	$0	$0
ROBERT S PERRY	TRUSTEE	5.0	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
2024	$8,135,598	$8,451,291	$19,159,532	$-315,693
2023	$7,484,063	$7,346,163	$18,031,518	$137,900
2022	$7,781,290	$8,594,474	$16,030,739	$-813,184
2021	$8,827,084	$6,835,791	$19,215,370	$1,991,293
2020	$7,437,899	$7,045,050	$17,410,728	$392,849
2019	$7,955,938	$7,949,882	$16,401,872	$6,056
2018	$11,667,533	$10,464,763	$18,375,307	$1,202,770

NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES INC