DUKE CORPORATE EDUCATION (EIN 421672476) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

BARBARA FRICK

Phone

9196805000

Tax Period

2024-07-01 to 2025-06-30

DUKE CORPORATE EDUCATION, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $33.7M in total revenue in fiscal year 2024. Expenses of $31.7M left a modest 6% surplus.

Mission

THE ORGANIZATION PROVIDES EDUCATIONAL SERVICES TO CORPORATIONS IN SUPPORT OF ITS AND DUKE UNIVERSITY'S MISSION OF PROVIDING EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $31,482,602

Investment Income $402,360

Other Revenue $1,803,726

TOTAL REVENUE $33,688,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,194,942

Fundraising Expenses $0

Program Expenses $26,787,630

Other Expenses $22,459,182

TOTAL EXPENSES $31,654,124

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,688,688	$32,787,200	+0.0%
Expenses	$31,654,124	$29,040,594	+0.1%
Net Income	$2,034,564	$3,746,606	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$4,792,086

Total Directors

$5,360,688

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BOULDING	DIRECTOR/CHAIRMAN - THRU 9/24/24	1.00	Officer Director	$0	$59,578	$933,695
DANIEL G ENNIS	DIRECTOR	0.10	Director	$0	$73,368	$1,537,454
ALEC D GALLIMORE	DIRECTOR/VICE CHAIR	0.10	Officer Director	$0	$76,763	$1,212,129
MARY LUCE	DIRECTOR/CHAIRMAN - FROM 9/24/24	0.10	Officer Director	$0	$96,655	$913,609
THAYANAYAGEE CHETTY	DIRECTOR/CEO	2.00	Officer Director	$0	$86,597	$763,801
BARBARA FRICK	SECRETARY/DIR. OF REG. COM	40.00	Officer	$234,001	$53,801	$287,802
CHRISTINE ROBERS	CMO	40.00	Officer	$266,808	$19,320	$286,128
PAUL MATHEWS	CFO	40.00	Officer	$353,976	$40,946	$394,922
PRAKASH RADHAKEESOON	MANAGING DIRECTOR	40.00	Highest	$228,891	$37,371	$266,262
DAVID WELSH	REGIONAL MANAGING DIRECTOR	40.00	Highest	$332,835	$41,000	$373,835
VISHAL PATEL	PRESIDENT GLOBAL MARKETS	40.00	Highest	$638,257	$24,791	$663,048
JASON KULASINGAM	MANAGING DIRECTOR	40.00	Highest	$224,128	$10,036	$234,164
KEVIN MAUGHAN	DIRECTOR, IT GLOBAL	40.00	Highest	$205,662	$33,041	$238,703
MICHAEL A CHAVEZ JR	FORMER DIRECTOR/CEO	40.00		$226,616	$20,290	$246,906

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	$33,688,688	$31,654,124	$37,288,313	$2,034,564
2024	No data	No data	No data	No data
2023	$31,490,601	$29,340,962	$33,489,038	$2,149,639
2022	$30,074,065	$25,949,343	$33,808,412	$4,124,722
2021	$18,675,614	$19,537,627	$27,489,390	$-862,013
2020	$23,296,173	$25,275,738	$29,909,799	$-1,979,565
2019	$32,551,254	$28,659,542	$33,744,064	$3,891,712
2018	$30,815,324	$28,413,762	$30,451,106	$2,401,562

DUKE CORPORATE EDUCATION