OHIO ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION

EIN: 310842162 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$788,545
Total Expenses
$755,793
Total Assets
$1,885,266
Net Assets
$1,860,347
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
OH
Principal Officer
LIZ JENSEN
Phone
6148902283
Tax Period
2023-01-01 to 2023-12-31

OHIO ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION, founded in 1955, is a small nonprofit in the Education sector that reported $789K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $756K left a modest 4% surplus.

Mission

ADVOCATE FOR CAREER-TECHNICAL AND ADULT EDUCATION IN OHIO AND OFFER CAREER-TECHNICAL EDUCATORS THE INFORMATION AND RESOURCES THEY NEED TO PROVIDE OUTSTANDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS OF ALL AGES AND ABILITIES. BE AT THE FOREFRONT OF INNOVATIVE EDUCATION TECHNIQUES AND PROCESSES SO THAT ALL STUDENTS MEET OR EXCEED THEIR EDUCATIONAL GOALS AND LIFE EXPECTATION WHILE PURSUING THEIR CAREER CALLING.

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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 $232,550
Program Service Revenue $542,443
Investment Income $970
Other Revenue $12,582
TOTAL REVENUE $788,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,886
Fundraising Expenses $0
Program Expenses $603,930
Other Expenses $572,907
TOTAL EXPENSES $755,793

Year-over-Year Comparison

2023 2022 Change
Revenue $788,545 $930,842 -0.2%
Expenses $755,793 $732,634 +0.0%
Net Income $32,752 $198,208 -0.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
4
Volunteers
63

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
6
$113,283
Total Directors
6
$113,283
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEE SMITH EXECUTIVE DI 40.00
Officer Director
$113,283 $0 $113,283
BRIAN BONTEMPO PRESIDENT EL 2.00
Officer Director
$0 $0 $0
KRISTA GEARHART SECRETARY 2.00
Officer Director
$0 $0 $0
JON GRAFT PAST PRESIDE 2.00
Officer Director
$0 $0 $0
LIZ JENSEN TREASURER 2.00
Officer Director
$0 $0 $0
MICHAEL PARRY PRESIDENT 2.00
Officer 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 $788,545 $755,793 $1,885,266 $32,752
2022 $930,842 $732,634 $1,802,518 $198,208
2021 $615,167 $482,526 $1,630,704 $132,641
2020 $279,021 $379,589 $1,463,721 $-100,568
2019 $919,132 $783,735 $1,547,468 $135,397
2018 $867,429 $712,275 $1,364,098 $155,154
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