BEAUTY CERTIFIED EDUCATION ASSOCIATION (EIN 463804687) - 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

2013

Legal Domicile

Principal Officer

STEPHEN ADAMS

Phone

6124707050

Tax Period

2024-01-01 to 2024-12-31

BEAUTY CERTIFIED EDUCATION ASSOCIATION, founded in 2013, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $118K exceeded revenue, resulting in a 27% operating deficit.

Mission

HELP UNITE THE COMMUNITY OF COSMETOLOGISTS AND OFFER GREAT OPPORTUNITIES FOR EDUCATION. PROVIDE CONTINUING EDUCATION FOR MN PROFESSIONALS. SUPPORT AND CONDUCT EDUCATIONAL AND INFORMATIONAL EVENTS FOR THE COSMETOLOGY PROFESSION.

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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 $92,933

Investment Income $2

Other Revenue $0

TOTAL REVENUE $92,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,406

Fundraising Expenses $0

Program Expenses $117,800

Other Expenses $66,394

TOTAL EXPENSES $117,800

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,935	$99,059	-0.1%
Expenses	$117,800	$162,465	-0.3%
Net Income	$-24,865	$-63,406	-0.6%

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

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

Total Directors

$51,406

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN ADAMS	BOARD MEMBER/EXECUTIVE DIRECTOR	35.00	Director	$51,406	$0	$51,406
STEPHEN UKES	BOARD MEMBER/TREASURER	1.00	Director	$0	$0	$0
JULIE DIETRICH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK STEINE	BOARD MEMBER/PRESIDENT	1.00	Director	$0	$0	$0
FAATHEMA AMPEY	BOARD MEMBER/VICE PRESIDENT	1.00	Director	$0	$0	$0
GINGER HEXUM	BOARD MEMBER/SECRETARY	1.00	Director	$0	$0	$0
BRIANA CRESS	BOARD MEMBER	1.00	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	$92,935	$117,800	$99,032	$-24,865
2023	$99,059	$162,465	$123,993	$-63,406
2022	$114,763	$193,452	$188,114	$-78,689
2021	$248,366	$181,256	$266,619	$67,110

BEAUTY CERTIFIED EDUCATION ASSOCIATION