HILLSBOROUGH CONSORTIUM FOR TECHNOLOGY AND EDUCATION INC (EIN 311579966) - 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

1997

Legal Domicile

Principal Officer

NANCY S GATES MCCARTHY

Phone

8135149924

Tax Period

2023-01-01 to 2023-12-31

HILLSBOROUGH CONSORTIUM FOR TECHNOLOGY AND EDUCATION INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $239K in total revenue in fiscal year 2023. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 25% operating margin.

Mission

TO PROVIDE TECHNOLOGY-BASED PROFESSIONAL DEVELOPMENT TO EDUCATORS

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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 $182,409

Program Service Revenue $25,895

Investment Income $22,822

Other Revenue $7,905

TOTAL REVENUE $239,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,818

Fundraising Expenses $3,064

Program Expenses $81,144

Other Expenses $66,393

TOTAL EXPENSES $178,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$239,031	$73,961	+2.2%
Expenses	$178,211	$130,360	+0.4%
Net Income	$60,820	$-56,399	-2.1%

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

N/A

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

$950

Total Directors

$82,729

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY S GATES MC CARTHY	EXECUTIVE DIRECTOR	40.00	Director	$11,700	$0	$82,729
ELIZABETH WILSON	DIRECTOR	0.00	Director	$0	$0	$0
MARY GONZALEZ	PRESIDENT	0.00	Officer	$0	$0	$0
YVONNE LYONS	SECRETARY	0.00	Officer	$0	$0	$0
AIMEE BALLANS	VP/TREASURER	0.00	Officer	$950	$0	$950
ROB KRIETE	DIRECTOR	0.00	Director	$0	$0	$0
MARIE WHELAN	DIRECTOR	0.00	Director	$0	$0	$0
BRITTNI WEGMANN	HCTA DIRECTOR	0.00	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	$239,031	$178,211	$902,174	$60,820
2022	$73,961	$130,360	$847,505	$-56,399
2021	$93,467	$112,081	$903,904	$-18,614
2020	$154,632	$173,314	$930,552	$-18,682
2020	$146,598	$173,314	$922,518	$-26,716
2019	$298,866	$195,370	$941,329	$103,496
2018	$566,107	$196,890	$919,374	$369,217

HILLSBOROUGH CONSORTIUM FOR TECHNOLOGY AND EDUCATION INC