CENTER FOR EDUCATIONAL ADVANCEMENT (EIN 237052466) - 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

1970

Legal Domicile

Principal Officer

MICHAEL SKOCZEK

Phone

9087821480

Tax Period

2024-07-01 to 2025-06-30

CENTER FOR EDUCATIONAL ADVANCEMENT, founded in 1970, is a community nonprofit in the Employment sector that reported $4.8M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE CENTER FOR EDUCATION ADVANCEMENT, INC (CEA) IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING VOCATIONAL EDUCATION TO SUPPORT INDIVIDUALS WITH DISABILITIES TO HELP FACILIATE COMMUNITY EMPLOYMENT AND TO DEVELOP ADDITIONAL SKILLS AND ABILITIES NECESSARY FOR SUCCESS IN THE WORKPLACE.

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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 $2,356,809

Program Service Revenue $2,494,893

Investment Income $-2,941

Other Revenue $-69,827

TOTAL REVENUE $4,778,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,565,107

Fundraising Expenses $78,263

Program Expenses $4,440,036

Other Expenses $1,115,177

TOTAL EXPENSES $4,680,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,778,934	$4,034,362	+0.2%
Expenses	$4,680,284	$3,785,026	+0.2%
Net Income	$98,650	$249,336	-0.6%

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

206

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

$168,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SKOCZEK	PRESIDENT & CEO	40.00	Director	$163,536	$4,687	$168,223
MICHAEL COLLINS	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
PHILIP FERRI	TREASURER	1.00	Officer Director	$0	$0	$0
ANN AHRENS	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG HALL	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
VERA KRYCAK	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN O'BRIEN	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN MAMAY	TRUSTEE	1.00	Director	$0	$0	$0
PAUL MAHONEY	TRUSTEE	1.00	Director	$0	$0	$0
JOHN REARDON	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW SONTAG	TRUSTEE	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
2025	$4,778,934	$4,680,284	$2,715,155	$98,650
2024	$4,034,362	$3,785,026	$2,464,068	$249,336
2023	$3,460,647	$3,505,788	$2,140,206	$-45,141
2022	$4,214,493	$3,588,950	$2,494,422	$625,543
2021	$3,591,076	$3,041,193	$1,922,414	$549,883
2020	$3,476,107	$3,522,532	$1,735,183	$-46,425
2019	$4,281,505	$4,483,752	$1,382,655	$-202,247

CENTER FOR EDUCATIONAL ADVANCEMENT