NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTREPRENEURSHIP INC

EIN: 260704711 501(c)(3) Education

SPRINGFIELD, MA

Total Revenue
$16,521,440
Total Expenses
$9,308,843
Total Assets
$13,278,931
Net Assets
$12,940,928
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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
2007
Legal Domicile
MA
Principal Officer
REBECCA CORBIN
Phone
4133063131
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION FOR COMMUNITY COLLEGE ENTREPRENEURSHIP INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $16.5M in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.2M, a strong 44% operating margin.

Mission

NACCE provides leadership and sustainable, scalable resources to foster entrepreneurial thinking and action in one of the largest entrepreneurial ecosystems in North America.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,395,671
Program Service Revenue $1,058,322
Investment Income $67,447
Other Revenue $0
TOTAL REVENUE $16,521,440

Expense Breakdown

Grants Paid $5,634,600
Salaries & Benefits $1,378,005
Fundraising Expenses $71,549
Program Expenses $8,897,978
Other Expenses $2,296,238
TOTAL EXPENSES $9,308,843

Year-over-Year Comparison

2023 2022 Change
Revenue $16,521,440 $8,892,777 +0.9%
Expenses $9,308,843 $9,249,536 +0.0%
Net Income $7,212,597 $-356,759 -21.2%
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

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Governance

Voting Members
11
Independent Members
14
Employees
9
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
0
$0
Total Directors
11
$206,469
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA CORBIN President & CEO 40.00
Director
$206,467 $0 $206,467
DR BRENDA HELLYER Director 2.00
Director
$2 $0 $2
DR JERMAINE FORD Director 2.00
Director
$0 $0 $0
DR LISA AVERY Director 2.00
Director
$0 $0 $0
DR CHRIS WHALEY SECRETARY/TREAS 2.00
Director
$0 $0 $0
DR RICK MACLENNAN Director 2.00
Director
$0 $0 $0
DR MICHAEL BASTON Director 2.00
Director
$0 $0 $0
JEE HANG LEE Director 2.00
Director
$0 $0 $0
JIM MURDAUGH Director 2.00
Director
$0 $0 $0
DR SHARON PIERCE Director 2.00
Director
$0 $0 $0
JENNIFER WORTH Director 2.00
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 $16,521,440 $9,308,843 $13,278,931 $7,212,597
2023 $16,521,440 $9,308,843 $13,278,931 $7,212,597
2022 $8,892,777 $9,249,536 $5,943,687 $-356,759
2021 $9,180,513 $7,667,971 $6,289,800 $1,512,542
2020 $2,066,105 $2,661,191 $4,784,736 $-595,086
2019 $7,033,346 $4,202,717 $5,698,840 $2,830,629
2018 $4,057,752 $2,231,844 $2,554,577 $1,825,908
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