MID-ATLANTIC ASSOCIATION OF CAREER SCHOOLS (EIN 237003886) - 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

1948

Legal Domicile

Principal Officer

AARON SHENCK

Phone

7175998098

Tax Period

2023-10-01 to 2024-09-30

MID-ATLANTIC ASSOCIATION OF CAREER SCHOOLS, founded in 1948, is a small nonprofit that reported $202K in total revenue in fiscal year 2023.

Mission

IMPROVED TRAINING METHODS

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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 $165,342

Program Service Revenue $0

Investment Income $13,220

Other Revenue $23,027

TOTAL REVENUE $201,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,679

Fundraising Expenses $0

Program Expenses $202,029

Other Expenses $63,350

TOTAL EXPENSES $202,029

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,589	$200,760	+0.0%
Expenses	$202,029	$185,884	+0.1%
Net Income	$-440	$14,876	-1.0%

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

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

$138,679

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH	VLASTOS	2.00	Director	$0	$0	$0
BETH KRAUSE	SECRETARY	2.00	Officer Director	$0	$0	$0
RUDY AGRAS	TREASURER	2.00	Officer Director	$0	$0	$0
MATT DALY	DIRECTOR	2.00	Director	$0	$0	$0
MARK BOHEN	DIRECTOR	2.00	Director	$0	$0	$0
DEBBIE DUNN	PAST PRESIDENT	2.00	Director	$0	$0	$0
JUSTIN LEHMAN	DIRECTOR	2.00	Director	$0	$0	$0
NANCY DECKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE WHERRY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CYNDIE SHADOW	DIRECTOR	2.00	Director	$0	$0	$0
CARL SPATOCCO	DIRECTOR	2.00	Director	$0	$0	$0
DENNIS WILKE	DIRECTOR	2.00	Director	$0	$0	$0
DAN KNOBLE	DIRECTOR	2.00	Director	$0	$0	$0
AARON SHENCK	EXECUTIVE DIRECTOR	30.00	Officer	$138,679	$0	$138,679

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	$201,589	$202,029	$426,796	$-440
2023	$200,760	$185,884	$386,956	$14,876
2022	$171,707	$162,588	$360,713	$9,119
2021	$154,462	$155,725	$371,686	$-1,263
2020	$123,457	$182,725	$393,063	$-59,268
2019	$276,800	$202,552	$425,243	$74,248
2018	$148,336	$205,395	$350,995	$-57,059

MID-ATLANTIC ASSOCIATION OF CAREER SCHOOLS