Center for Independence through Conductive Education Inc (EIN 364259162) - 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

Patricia Herbst

Phone

7085880833

Tax Period

2024-01-01 to 2024-12-31

Center for Independence through Conductive Education Inc, founded in 1997, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $3.3M left a modest 5% surplus.

Mission

To help children and young adults with disabilities achieve their highest level of indepedence in the home, school, comunity and workforce.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,189,290

Program Service Revenue $2,076,378

Investment Income $129,996

Other Revenue $85,973

TOTAL REVENUE $3,481,637

Expense Breakdown

Grants Paid $1,184,630

Salaries & Benefits $1,741,496

Fundraising Expenses $76,500

Program Expenses $3,023,941

Other Expenses $371,915

TOTAL EXPENSES $3,298,041

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,481,637	$3,780,799	-0.1%
Expenses	$3,298,041	$3,577,318	-0.1%
Net Income	$183,596	$203,481	-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

140

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

Total Directors

Key Employees

$151,100

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patricia Herbst	Executive Director	40.00	Key Emp	$151,100	$0	$151,100
Clayton Kalweit	President/Chair	2.00	Officer Director	$0	$0	$0
John Thomas	Vice Chair	2.00	Officer Director	$0	$0	$0
Tracy Lewis	Treasurer	2.00	Officer Director	$0	$0	$0
Erick Valdez	Secretary	2.00	Officer Director	$0	$0	$0
Matthew Coleman	Director	2.00	Director	$0	$0	$0
Marni Harris	Director	2.00	Director	$0	$0	$0
Charles Herbst	Director	2.00	Director	$0	$0	$0
Jose Maldonado	Director	2.00	Director	$0	$0	$0
Roberta O'Shea PHD DPT	Director	2.00	Director	$0	$0	$0
Shirley Sains	Director	2.00	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	$3,481,637	$3,298,041	$2,445,894	$183,596
2023	$3,780,799	$3,577,318	$2,321,728	$203,481
2022	$2,874,236	$2,952,413	$1,995,963	$-78,177
2021	$3,110,168	$2,860,056	$2,117,472	$250,112
2020	$2,635,170	$2,575,318	$1,918,797	$59,852
2019	$2,546,616	$2,516,136	$1,712,854	$30,480
2018	$2,722,969	$2,677,315	$1,835,663	$45,654
2017	$2,525,225	$2,519,823	$1,771,410	$5,402

Center for Independence through Conductive Education Inc