WASHINGTON COUNTY ASSOCIATION FOR CONTINUING EDUCATION INC (EIN 201297891) - 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

2004

Legal Domicile

Principal Officer

JUDITH JOHNSON

Phone

8128837334

Tax Period

2023-01-01 to 2023-12-31

WASHINGTON COUNTY ASSOCIATION FOR CONTINUING EDUCATION INC, founded in 2004, is a micro nonprofit in the Education sector that reported $49K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $65K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO SUPPORT CONTINUING EDUCATION IN WASHINGTON COUNTY, INDIANA

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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 $0

Program Service Revenue $45,884

Investment Income $3,961

Other Revenue $-751

TOTAL REVENUE $49,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,032

Other Expenses $65,032

TOTAL EXPENSES $65,032

Year-over-Year Comparison

	2023	2022	Change
Revenue	$49,094	$41,361	+0.2%
Expenses	$65,032	$60,229	+0.1%
Net Income	$-15,938	$-18,868	-0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY BENNETT	PRESIDENT	0.30	Officer Director	$0	$0	$0
TOM HEIN	VICE PRESIDENT	0.30	Officer Director	$0	$0	$0
JOE MAHURON	DIRECTOR	0.30	Officer Director	$0	$0	$0
JUDITH JOHNSON	EXECUTIVE DIRECTOR, SEC/TR	4.00	Officer	$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	No data	No data	No data	No data
2023	$49,094	$65,032	$401,935	$-15,938
2022	$41,361	$60,229	$417,873	$-18,868
2021	$33,404	$49,286	$436,741	$-15,882
2020	$36,904	$53,380	$452,623	$-16,476
2019	$44,269	$51,146	$469,099	$-6,877
2018	$43,735	$54,147	$475,976	$-10,412

WASHINGTON COUNTY ASSOCIATION FOR CONTINUING EDUCATION INC