KENT EDUCATIONAL ASSOCIATION (EIN 341325320) - 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

1983

Legal Domicile

Phone

3306768856

Tax Period

2019-07-01 to 2020-06-30

KENT EDUCATIONAL ASSOCIATION, founded in 1983, is a small nonprofit that reported $126K in total revenue in fiscal year 2019. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $290K exceeded revenue, resulting in a 130% operating deficit.

Mission

TO PROMOTE AND ENCOURAGE THE HIGHEST STANDARDS OF PROFESSIONAL TEACHING PRACTICES. TO SERVE AS A BARGAINING AGENT AND TO PROVIDE LEGAL FUNDING TO MEMBERS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $40,759

Investment Income $85,328

Other Revenue $0

TOTAL REVENUE $126,087

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,937

Fundraising Expenses $0

Program Expenses $290,448

Other Expenses $259,511

TOTAL EXPENSES $290,448

Year-over-Year Comparison

	2019	2018	Change
Revenue	$126,087	$83,819	+0.5%
Expenses	$290,448	$236,976	+0.2%
Net Income	$-164,361	$-153,157	+0.1%

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

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

$21,500

Total Directors

$25,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS VANDERNEUT	President	2.00	Officer Director	$7,500	$0	$7,500
BRIAN MCCOMBS	Treasurer	2.00	Officer Director	$5,000	$0	$5,000
ROBERT SUSEL	Vice President	2.00	Officer Director	$4,500	$0	$4,500
ELLEN BUDD	Vice President	2.00	Officer Director	$4,500	$0	$4,500
TOM PEKARCIK	NEWS/TECH EDITR	2.00	Director	$2,000	$0	$2,000
GINY HARVEY	SOCIAL COORD.	2.00	Director	$2,000	$0	$2,000

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
2020	$126,087	$290,448	$269,126	$-164,361
2019	$83,819	$236,976	$490,856	$-153,157

KENT EDUCATIONAL ASSOCIATION