AMERICAN DISTANCE EDUCATION CONSORTIUM INC

EIN: 363679126 501(c)(3)

GAINESVILLE, FL

Total Revenue
N/A
Total Expenses
$39,915
Total Assets
N/A
Net Assets
N/A
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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
1989
Legal Domicile
FL
Principal Officer
OLIVER GRUNDMANN
Phone
9193570139
Tax Period
2018-07-01 to 2019-06-30

Mission

NATIONAL CONSORTIUM OF STATE UNIVERSITIES AND LAND GRANT INSTITUTIONS PROVIDING HIGH QUALITY ECONOMIC DISTANCE EDUCATION PROGRAMS AND SERVICES USING THE LATEST AND MOST APPROPRIATE INFORMATION TECHNOLOGIES TO ACCOMPLISH THEIR OBJECTIVES. PRIMARY EMPHASIS IS ON PROGRAMS RELATING TO: FOOD AND AGRICULTURE, CHILDREN, YOUTH AND FAMILIES, COMMUNITY AND ECONOMIC DEVELOPMENT, DISTANCE EDUCATION AND TECHNOLOGY, ENFIRONMENT AND NATURAL RESOURCES, NUTRITION AND HEALTH.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,042
Other Expenses $39,915
TOTAL EXPENSES $39,915

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $17,135 -1.0%
Expenses $39,915 $27,326 +0.5%
Net Income N/A $-10,191 N/A
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
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OLIVER GRUNDMANN PRESIDENT 0.50
Officer
$0 $0 $0
ANN LOUISE EVERETT DIRECTOR 0.50
Officer
$0 $0 $0
JIM BODOLAY TREASURER 0.50
Officer
$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
2019 No data $39,915 No data No data
2018 $17,135 $27,326 $39,915 $-10,191
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