AREA COOPERATIVE EDUCATIONAL SERVICES (EIN 060881700) - 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

1969

Legal Domicile

Phone

2034986800

Tax Period

2024-07-01 to 2025-06-30

AREA COOPERATIVE EDUCATIONAL SERVICES, founded in 1969, is a major nonprofit in the Education sector that reported $176.8M in total revenue in fiscal year 2024. Expenses of $156.0M left a modest 12% surplus.

Mission

TO EMPOWER OUR STUDENTS,MEMBER DISTRICTS,AND OTHER CLIENTS TO MEET EDUCATIONAL AND LFE CHALLENGESIN THE GLOBAL ENVIRONMENT BYPROVIDING COLLABORATIVE,CUSTOMIZED,COST EFFECTIVESOLUTIONS TO MEET IDENTIFIED NEEDS OF OUR EDUCATIONAL COMMUNITY.

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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 $39,801,967

Program Service Revenue $134,458,411

Investment Income $2,510,617

Other Revenue $0

TOTAL REVENUE $176,770,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,320,495

Fundraising Expenses $0

Program Expenses $156,001,265

Other Expenses $83,680,770

TOTAL EXPENSES $156,001,265

Year-over-Year Comparison

	2024	2023	Change
Revenue	$176,770,995	$181,996,060	0.0%
Expenses	$156,001,265	$144,869,586	+0.1%
Net Income	$20,769,730	$37,126,474	-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

1305

Volunteers

111

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

$1,298,279

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS M DANEHY	EXECUTIVE DIRECTOR	40.00	Officer	$395,520	$0	$395,520
TIMOTHY HOWES	ASSISTANT DIRECTORED	40.00	Officer	$274,360	$0	$274,360
WILLIAM RICE	ASSISTANT EDCURRICULUM	40.00	Officer	$227,495	$0	$227,495
LISA A SIMONE	DIRECTOR OF FISCAL SERVICES	40.00	Officer	$201,816	$0	$201,816
REBBECA CUEVES	DIRECTOR OF HUMAN CAPITAL	40.00	Officer Highest	$199,088	$0	$199,088
EMILY FREEL	DIRECTOR OF CURRICULUM	40.00	Highest	$192,910	$0	$192,910

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	$176,770,995	$156,001,265	$285,344,002	$20,769,730
2024	$181,996,060	$144,869,586	$253,313,133	$37,126,474
2018	$108,477,171	$99,193,226	$125,992,856	$9,283,945

AREA COOPERATIVE EDUCATIONAL SERVICES