NATIONAL ASSOCIATION OF COLLEGE STORES

EIN: 340711559

OBERLIN, OH

Total Revenue
$992,895
Total Expenses
$1,513,540
Total Assets
$19,082
Net Assets
$-108,501
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1923
Legal Domicile
OH
Principal Officer
ED SCHLICHENMAYER
Phone
4407757777
Tax Period
2024-04-01 to 2025-03-31

NATIONAL ASSOCIATION OF COLLEGE STORES, founded in 1923, is a small nonprofit that reported $993K in total revenue in fiscal year 2024. Revenue surged 161% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 52% operating deficit.

Mission

NACS SERVES AS THE PRIMARY RESOURCE FOR THOSE BUSINESS PROFESSIONALS MANAGING AND WORKING IN CAMPUS-BASED RETAIL OPERATIONS, WITH PARTICULAR EMPHASIS ON THE STORES THAT ARE OWNED BY THE INSTITUTION, ITS FACULTY, OR ITS STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $115,000
Program Service Revenue $973,908
Investment Income $60,748
Other Revenue $-156,761
TOTAL REVENUE $992,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $702,534
Fundraising Expenses $0
Other Expenses $811,006
TOTAL EXPENSES $1,513,540

Year-over-Year Comparison

2024 2023 Change
Revenue $992,895 $380,299 +1.6%
Expenses $1,513,540 $1,041,054 +0.5%
Net Income $-520,645 $-660,755 -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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Governance

Voting Members
11
Independent Members
11
Employees
3
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
2
$792,392
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE COTTRELL PRESIDENT 5.00
Director
$0 $0 $0
ANDY DUNN IMMEDIATE PAST PRESIDENT 5.00
Director
$0 $0 $0
ALLISON HARTEL TRUSTEE 1.00
Director
$0 $0 $0
BEN EISENSTEIN TRUSTEE 1.00
Director
$0 $0 $0
ROBERT BUTTERFIELD TRUSTEE 1.00
Director
$0 $0 $0
FRANCOIS BELIVEAU TRUSTEE 1.00
Director
$0 $0 $0
CLAYTON LUDLOW TRUSTEE 1.00
Director
$0 $0 $0
LUANNE KELLY TRUSTEE 1.00
Director
$0 $0 $0
GILBERTO GARCIA TRUSTEE 1.00
Director
$0 $0 $0
CAROL DRESTE TRUSTEE 1.00
Director
$0 $0 $0
TERRI MITCHELL TRUSTEE 1.00
Director
$0 $0 $0
EDWARD L SCHLICHENMAYER CHIEF EXECUTIVE OFFICER 40.00
Officer
$0 $22,356 $448,101
FRANK J SULEN CHIEF FINANCIAL OFFICER 40.00
Officer
$0 $17,169 $344,291
BRIAN L FERANCY VP OF SALES, PARTNERSHIP 1.00
Highest
$0 $10,171 $256,971
RICHARD S HERSHMAN VP OF GOVT RELATIONS 1.00
Highest
$0 $0 $185,264
DANIEL G BELL CHIEF TECHNOLOGY OFFICER 1.00
Highest
$0 $21,449 $172,251
JESSICA HICKMAN VP OF MEMBER ENGAGEMENT 1.00
Highest
$0 $26,952 $173,626
BRAD A ALFLEN VP OF REVENUE SERVICES 1.00
Highest
$0 $17,169 $217,574
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 $992,895 $1,513,540 $19,082 $-520,645
2024 $380,299 $1,041,054 $595,383 $-660,755
2023 $1,472,738 $1,045,562 $1,201,882 $427,176
2022 $5,949,877 $4,616,097 $6,119,937 $1,333,780
2021 $4,726,044 $4,212,017 $6,646,823 $514,027
2020 $-1,398,426 $5,906,336 $7,053,488 $-7,304,762
2019 $2,005,243 $8,071,584 $12,332,728 $-6,066,341
2018 $25,834,824 $27,627,457 $32,739,522 $-1,792,633
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