ALLIANCE FOR COMPASSION AND EDUCATIONAL DEVELOPMENT - ACED (EIN 202942297) - 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

2005

Legal Domicile

Principal Officer

PETE GARVEY

Phone

9168565605

Tax Period

2023-01-01 to 2023-12-31

ALLIANCE FOR COMPASSION AND EDUCATIONAL DEVELOPMENT - ACED, founded in 2005, is a small nonprofit in the Human Services sector that reported $543K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $641K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE MISSION OF ACED IS TO ADVOCATE POSITIVE SOCIAL CHANGE FOR UNDERSERVED PEOPLE.

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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 $542,433

Program Service Revenue $0

Investment Income $157

Other Revenue $0

TOTAL REVENUE $542,590

Expense Breakdown

Grants Paid $166,751

Salaries & Benefits $365,697

Fundraising Expenses $12,577

Program Expenses $476,494

Other Expenses $108,587

TOTAL EXPENSES $641,035

Year-over-Year Comparison

	2023	2022	Change
Revenue	$542,590	$714,028	-0.2%
Expenses	$641,035	$678,478	-0.1%
Net Income	$-98,445	$35,550	-3.8%

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

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

$127,492

Total Directors

$127,492

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERENE GRUVER	SECRETARY	40.00	Officer Director	$127,492	$0	$127,492
PETE GARVEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
WILL WILSON	TREASURER	2.00	Officer Director	$0	$0	$0
KATHRYN SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
DEREK THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
LISA EVANS	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$542,590	$641,035	$357,713	$-98,445
2022	$714,028	$678,478	$445,931	$35,550
2021	$750,751	$666,359	$408,770	$84,392
2020	$697,258	$533,210	$325,069	$164,048
2019	$571,904	$802,240	$107,675	$-230,336
2018	$898,868	$694,042	$337,087	$204,826

ALLIANCE FOR COMPASSION AND EDUCATIONAL DEVELOPMENT - ACED