ONLINE LEARNING CONSORTIUM INC (EIN 261970287) - 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

2008

Legal Domicile

Principal Officer

Jennifer Brown

Phone

6177161414

Tax Period

2023-01-01 to 2023-12-31

ONLINE LEARNING CONSORTIUM INC, founded in 2008, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2023. Expenses of $6.7M exceeded revenue, resulting in a 12% operating deficit.

Mission

To assist educators and organizations with integrating and improving the quality of online and digital education by improving the quality, scale, and breadth of online education via providing resources, professional development, best-practice publications, quality benchmarking, practitioner-based and empirical research and expert guidance.

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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 $5,941,745

Investment Income $20,273

Other Revenue $0

TOTAL REVENUE $5,962,018

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,520,742

Fundraising Expenses $129,543

Program Expenses $5,626,576

Other Expenses $3,178,570

TOTAL EXPENSES $6,699,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,962,018	$5,572,643	+0.1%
Expenses	$6,699,312	$6,470,987	+0.0%
Net Income	$-737,294	$-898,344	-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

Volunteers

400

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

$590,730

Total Directors

$44,250

Key Employees

$440,223

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Mathes	Chief Executive Officer	40	Officer Key Emp	$246,966	$30,689	$277,655
Jennifer Brown	Chief Financial Officer	40	Officer Key Emp	$157,381	$5,187	$162,568
Angela Gunder	Chief Academic Officer	40	Officer Highest	$135,974	$14,533	$150,507
Brenda Weiss-Pesta	Asst. VP of Member & Sponsorship	40	Highest	$110,838	$22,146	$132,984
Robert Pope	Director of Technical Operations	40	Highest	$101,412	$19,069	$120,481
Stephanie Hulett	Director of Human Resources	40	Highest	$100,344	$7,691	$108,035
Peter Shea	Editor in Chief	5	Director	$36,750	$0	$36,750
Virginia Kaye Shelton	Director	2	Director	$3,500	$0	$3,500
Mary Niemic	Director	2	Director	$3,000	$0	$3,000
Melissa Vito	Director	2	Director	$1,000	$0	$1,000
Elizabeth Ciabocchi	Director	2	Director	$0	$0	$0
Patsy Moskal	Director - President	2	Director	$0	$0	$0
Tanya Joosten	Director	2	Director	$0	$0	$0
Kate Jordahl	Director - Secretary	2	Director	$0	$0	$0
Anthony Picciano	Director	2	Director	$0	$0	$0
Carl Moore	Director	2	Director	$0	$0	$0
Frank Mayadas	Director - Treasurer	2	Director	$0	$0	$0
Vincent Del Casino	Director	2	Director	$0	$0	$0
Vickie Cook	Director	2	Director	$0	$0	$0
Paige McDonald	Director - Vice President	2	Director	$0	$0	$0
Michael Torrence	Director	2	Director	$0	$0	$0
Ralph Gomory	Director	2	Director	$0	$0	$0
Sandra Doran	Director	2	Director	$0	$0	$0
Terry Di Paolo	Director	2	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	$5,962,018	$6,699,312	$890,760	$-737,294
2022	$5,572,643	$6,470,987	$1,510,846	$-898,344
2021	$5,536,554	$6,011,976	$2,598,317	$-475,422
2020	$5,527,684	$5,316,933	$2,750,571	$210,751
2019	$5,892,198	$5,784,803	$2,041,463	$107,395
2018	$5,245,289	$6,073,198	$1,888,194	$-827,909

ONLINE LEARNING CONSORTIUM INC