CECCHETTI COUNCIL OF AMERICA INC

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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

1951

Legal Domicile

Principal Officer

GAIL CHOATE PETTIT

Phone

7343796710

Tax Period

2023-01-01 to 2023-12-31

CECCHETTI COUNCIL OF AMERICA INC, founded in 1951, is a small nonprofit in the Arts, Culture & Humanities sector that reported $516K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Examinations of instructors of ballet

Program Service Accomplishments

Program 1

Expenses: $185,617 Revenue: $182,000

The primary exempt purpose of the Cecchetti Council is to give examinations to instructors and their students of ballet through out the country Approximately 3800 individuals benefited.

Program 2

Expenses: $78,887 Revenue: $80,000

Providing seminars for approximately 300 students through out the country awarding certificates for accomplishment

Program 3

Expenses: $199,538 Revenue: $200,000

Providing summer classes for students to instruct them in the Cecchetti method of ballet. Approximately 100 students and 50 teachers benefit from these classes due to covid 19 less enrollment than...

Providing summer classes for students to instruct them in the Cecchetti method of ballet. Approximately 100 students and 50 teachers benefit from these classes due to covid 19 less enrollment than normal.

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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 $61,820

Program Service Revenue $437,774

Investment Income $1,788

Other Revenue $14,567

TOTAL REVENUE $515,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,902

Fundraising Expenses $0

Program Expenses $464,042

Other Expenses $458,624

TOTAL EXPENSES $513,526

Year-over-Year Comparison

	2023	2022	Change
Revenue	$515,949	$438,541	+0.2%
Expenses	$513,526	$446,321	+0.2%
Net Income	$2,423	$-7,780	-1.3%

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

100

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

$18,000

Key Employees

$51,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ann Parsley	Director CICB	3.00	Director	$0	$0	$0
Gail-Choate-Pettit	Treasurer/Bus Manager	40.00	Key Emp	$33,000	$0	$33,000
Sandra Glenn	Director	3.00	Director	$0	$0	$0
Jean Newell	Director	3.00	Director	$0	$0	$0
Pamela Rutlegde	Board of Exams	3.00	Director	$0	$0	$0
Dr Kathleen Tenniswood	Past President	3.00	Director	$0	$0	$0
Julie Merkle	summer school admin	3.00	Director	$0	$0	$0
Laura McCarthy	President	5.00	Director	$0	$0	$0
Pamela Rutledge	Examining Board Chair	3.00	Director	$0	$0	$0
Lee Ann King	Liason Coordinator	3.00	Director	$0	$0	$0
Theresa Butkovich	Insurance Director	3.00	Director	$0	$0	$0
Eleanor Brown	Liason Committee	3.00	Director	$0	$0	$0
Karen Keith	Asst Registrar	3.00	Director	$0	$0	$0
June Smith	National Registrar	3.00	Director Key Emp	$18,000	$0	$18,000
Nancy Watkins	Director	3.00	Director	$0	$0	$0
Stephanie Planskar	Membership chair	3.00	Director	$0	$0	$0
Laurie Papovich	Scholarship chair	3.00	Director	$0	$0	$0
Autumn Koss Yontz	EMC chair	3.00	Director	$0	$0	$0
Dana Cochran	Eastern Mich chair	3.00	Director	$0	$0	$0
Jennifer Krueger	summer school trans	3.00	Director	$0	$0	$0
Amanda Maczik	Major Certificates	3.00	Director	$0	$0	$0
Sarah Boik Komara	Record Secretary	3.00	Director	$0	$0	$0
Peggy Wright	Librarian asst	3.00	Director	$0	$0	$0
Heidi Vitso	Corresponding Secretary	3.00	Director	$0	$0	$0
Amber Michalik	CCA Competition	3.00	Director	$0	$0	$0
Bethany Lenhart	Director	3.00	Director	$0	$0	$0
Leslie Wood	Committee Liason	3.00	Director	$0	$0	$0
Linda Butler	Executive Board Consultant	3.00	Director	$0	$0	$0
Rosina DeVries	Marketing Director	3.00	Director	$0	$0	$0
Cathy Jones Wolf	Examining Board Sec	3.00	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	$515,949	$513,526	$717,783	$2,423
2022	$438,541	$446,321	$715,360	$-7,780
2021	$282,489	$255,054	$739,236	$27,435
2020	$319,036	$311,638	$712,081	$7,398
2019	$755,413	$764,998	No data	$-9,585
2018	$800,826	$774,396	$850,470	$26,430