EDADVANCE (EIN 060842189) - 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

John Kissko

Phone

8605670863

Tax Period

2024-07-01 to 2025-06-30

EDADVANCE, founded in 1972, is a mid-sized nonprofit that reported $46.8M in total revenue in fiscal year 2024.

Mission

REGIONAL EDUCATIONAL SERVICE CENTER PROVIDING EDUCATIONAL TRAINING AND RELATED SERVICES TO 30 MEMBER SCHOOL DISTRICTS AND THEIR COMMUNITIES.

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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 $15,868,190

Program Service Revenue $30,826,183

Investment Income $57,826

Other Revenue $49,240

TOTAL REVENUE $46,801,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,249,931

Fundraising Expenses $0

Program Expenses $47,634,098

Other Expenses $15,569,207

TOTAL EXPENSES $48,819,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,801,439	$44,542,258	+0.1%
Expenses	$48,819,138	$45,476,028	+0.1%
Net Income	$-2,017,699	$-933,770	+1.2%

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

819

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

$1,087,486

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan Costa	Executive Dir.	40.00	Officer	$200,656	$40,615	$241,271
Richard Carmelich	COO	40.00	Officer	$177,943	$35,705	$213,648
Tracey Lay	Chief Tal & Dev	40.00	Officer	$164,827	$40,698	$205,525
Jody Minotti	Dir Region &Transi	40.00		$150,017	$27,890	$177,907
Annette Miserez-Dillon	Dir. of Spec. E	40.00	Officer	$153,456	$22,971	$176,427
Daniel T Cocchiloa	Director Career	40.00		$146,528	$27,643	$174,171
Scott Rossignol	Principal	40.00		$145,207	$26,340	$171,547
Jennifer Mccormick	Principal	40.00		$149,534	$20,195	$169,729
Jennifer Douglas	Spe Proj Manager	40.00		$154,142	$13,489	$167,631
Miosotis Toimil	Director of Fin	40.00	Officer	$113,184	$30,382	$143,566
Lisa Bowden	Asst Exec Dir	40.00	Officer	$92,608	$14,441	$107,049
Kate Conetta	Director	0.50	Director	$0	$0	$0
John Kissko	President	0.50	Officer Director	$0	$0	$0
Sharon Attick	Director	0.50	Director	$0	$0	$0
Deb Bell	Secretary	0.50	Officer Director	$0	$0	$0
Joseph Abdella	Treasurer	0.50	Officer Director	$0	$0	$0
Kelly Tilton	Director	0.50	Director	$0	$0	$0
Dominic Cipollone	Director	0.50	Director	$0	$0	$0
Sarah Robichaud	Director	0.50	Director	$0	$0	$0
Roxy Fainer	Vice President	0.50	Officer Director	$0	$0	$0
Alison Plante	Director	0.50	Director	$0	$0	$0
Deirdre Tindall	Director	0.50	Director	$0	$0	$0
Mary Kate Terzini	Director	0.50	Director	$0	$0	$0
Christine Faressa	Director	0.50	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	$46,801,439	$48,819,138	$28,894,584	$-2,017,699
2024	$44,542,258	$45,476,028	$31,596,701	$-933,770
2023	$42,915,785	$38,511,914	$25,262,693	$4,403,871
2022	$36,978,114	$35,784,031	$21,022,588	$1,194,083
2021	$33,747,660	$32,026,152	$20,506,260	$1,721,508
2019	$28,956,356	$30,035,626	$12,782,760	$-1,079,270
2018	$25,890,668	$26,913,643	$14,089,884	$-1,022,975

EDADVANCE