GRACELAND COLLEGE CENTER FOR PROF DEV & LIFELONG LEARNING INC (EIN 431685651) - 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

1994

Legal Domicile

Principal Officer

JENNIFER MATNEY

Phone

9133623900

Tax Period

2024-06-01 to 2025-05-31

GRACELAND COLLEGE CENTER FOR PROF DEV & LIFELONG LEARNING INC, founded in 1994, is a mid-sized nonprofit in the Education sector that reported $17.3M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $19.6M exceeded revenue, resulting in a 13% operating deficit.

Mission

LIFELONG PROFESSIONAL DEVELOPMENT AND CONTINUING EDUCATION FOR ADULTS

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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 $0

Program Service Revenue $17,208,865

Investment Income $21,364

Other Revenue $108,790

TOTAL REVENUE $17,339,019

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $11,569,673

Fundraising Expenses $0

Program Expenses $10,223,606

Other Expenses $7,576,822

TOTAL EXPENSES $19,646,495

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,339,019	$19,265,161	-0.1%
Expenses	$19,646,495	$20,081,090	0.0%
Net Income	$-2,307,476	$-815,929	+1.8%

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

123

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

$1,900,430

Total Directors

$393,256

Key Employees

$175,754

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL SHROCK	BOARD MEMBER - AS OF 6/24	12.00	Director	$0	$40,468	$267,121
JENNIFER MATNEY	BOARD MEMBER - THRU 2/25	3.50	Director	$0	$5,049	$126,135
DAVID SIDDALL	CHAIR - AS OF 3/25	5.00	Director	$0	$0	$0
BOB ACKERLEY	CHAIR - THRU 2/25	10.00	Director	$0	$0	$0
JAY COOK	BOARD MEMBER - AS OF 7/24	2.00	Director	$0	$0	$0
ALEKSANDER MEMCA	BOARD MEMBER - THRU 2/25	2.00	Director	$0	$0	$0
LOUANN MUIR-HUTCHINSON	BOARD MEMBER - THRU 2/25	2.00	Director	$0	$0	$0
MIKE WILEY	BOARD MEMBER - THRU 2/25	2.00	Director	$0	$0	$0
MICHELE MARKEY	CEO	50.00	Officer	$324,054	$20,624	$344,678
ABBY MARIE SITZMANN	CFO	50.00	Officer	$212,056	$20,087	$232,143
MICAH RIGLER	VP - SALES	45.00	Officer	$201,702	$15,187	$216,889
KENNETH BALTZELL	COO	50.00	Officer	$191,978	$17,513	$209,491
BEAU JAMES FAILS	VP - INFORMATION TECHNOLOGY	50.00	Officer	$189,432	$12,383	$201,815
JENNIFER ANN BARRINGTON	VP - DIGITAL MARKETING	50.00	Officer	$165,304	$17,967	$183,271
KATIE PARRISH	VP - CONTENT	45.00	Officer	$150,065	$10,829	$160,894
SHELLEY ANDREA FERGUSON	VP - HR	50.00	Officer	$118,891	$16,188	$135,079
PETER JOSEPH SIRNA	VP - SALES	45.00	Officer	$93,408	$5,728	$99,136
LAURA LEE FALLBACH	VP - SALES	45.00	Officer	$80,073	$0	$80,073
KEN BRAME	VP - SALES	45.00	Officer	$35,817	$1,144	$36,961
TERI MICHELE BECKMAN	DIRECTOR - ELEARNING	45.00	Key Emp	$164,240	$11,514	$175,754
STEPHANIE D MOTSINGER	LEARNING & DEVELOPMENT CONSULTANT	45.00	Highest	$195,834	$1,800	$197,634
VITO JAMES CENTONZE	DIRECTOR - AS400	45.00	Highest	$155,936	$15,140	$171,076
DIANA EDGECOMB	CONTROLLER	45.00	Highest	$144,433	$18,077	$162,510
TRAVIS TYNES	SOFTWARE ENGINEER	45.00	Highest	$139,941	$9,649	$149,590
MARIA E DUDA	LEARNING & DEVELOPMENT CONSULTANT	45.00	Highest	$135,264	$7,763	$143,027

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	$17,339,019	$19,646,495	$12,060,801	$-2,307,476
2024	$19,265,161	$20,081,090	$14,202,650	$-815,929
2023	$21,145,097	$22,192,253	$16,392,483	$-1,047,156
2022	$23,513,546	$17,946,755	$19,477,394	$5,566,791
2021	$22,830,982	$20,842,037	$18,867,328	$1,988,945
2020	$40,151,950	$46,814,515	$16,670,287	$-6,662,565
2019	$59,167,016	$61,368,263	$26,585,804	$-2,201,247
2018	$63,536,392	$65,538,056	$28,750,021	$-2,001,664

GRACELAND COLLEGE CENTER FOR PROF DEV & LIFELONG LEARNING INC