CONSORTIUM FOR ADVANCED STUDIES AB… - Form 990 Financial Data

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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

2014

Legal Domicile

Principal Officer

ASABE POLOMA

Phone

4018635142

Tax Period

2024-07-01 to 2025-06-30

CONSORTIUM FOR ADVANCED STUDIES ABROAD, founded in 2014, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2024. Expenses of $6.0M left a modest 12% surplus.

Mission

CASA WAS FOUNDED WITH THE VISION OF TRANSCENDING TRADITIONAL STUDY ABROAD, HARNESSING THE COMBINED RESOURCES AND INTELLECTUAL CAPITAL OF ITS MEMBER INSTITUTIONS TO PROVIDE FULL IMMERSION OPPORTUNITIES. OUR GOAL IS TO CONNECT STUDENTS WITH LEADING ACADEMICS AND THOUGHT-LEADERS GLOBALLY, FOSTERING TRULY TRANSFORMATIVE INTERNATIONAL EDUCATIONAL EXPERIENCES.

Program Service Accomplishments

Program 1

Expenses: $5,481,798 Revenue: $6,827,453

CASA'S DISTINCTIVE APPROACH TO STUDY ABROAD OFFERS STUDENTS THE OPPORTUNITY TO PURSUE INTENSIVE LANGUAGE STUDY, DIRECT ENROLLMENT IN LOCAL UNIVERSITY COURSES, AND SPECIALIZED ACADEMIC TRACKS, ALL...

CASA'S DISTINCTIVE APPROACH TO STUDY ABROAD OFFERS STUDENTS THE OPPORTUNITY TO PURSUE INTENSIVE LANGUAGE STUDY, DIRECT ENROLLMENT IN LOCAL UNIVERSITY COURSES, AND SPECIALIZED ACADEMIC TRACKS, ALL WHILE BEING FULLY IMMERSED IN THE LOCAL CULTURE. OUR PROGRAMS ARE DESIGNED TO ENSURE STUDENTS GAIN A PROFOUND UNDERSTANDING OF THEIR HOST COUNTRY AND ACADEMIC DISCIPLINE. FOR THE 2024 -2025 ACADEMIC YEAR, CASA ENROLLED 302 STUDENTS ACROSS ITS SEVEN GLOBAL CENTERS.

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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 $6,827,453

Investment Income $24,036

Other Revenue $51,566

TOTAL REVENUE $6,903,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,464,968

Fundraising Expenses $0

Program Expenses $5,481,798

Other Expenses $4,577,272

TOTAL EXPENSES $6,042,240

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,903,055	$7,264,767	0.0%
Expenses	$6,042,240	$5,966,623	+0.0%
Net Income	$860,815	$1,298,144	-0.3%

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASABE POLOMA	PRESIDENT, BOARD OF DIRECTORS	3.00	Officer Director	$0	$0	$0
ADELINE WONG	BOARD TREASURER (NON-VOTING)	3.00	Officer Director	$0	$0	$0
JESSICA MERVIS	BOARD SECRETARY	3.00	Officer Director	$0	$0	$0
SCOTT CARPENTER	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON LANNERS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN TANSEY	DIRECTOR	1.00	Director	$0	$0	$0
CAMILA NARDOZZI	DIRECTOR	1.00	Director	$0	$0	$0
SARA TULLY	DIRECTOR	1.00	Director	$0	$0	$0
NIAMH BURKE	DIRECTOR	1.00	Director	$0	$0	$0
CHARMAINE MONTEIRO	DIRECTOR	1.00	Director	$0	$0	$0
KRISTYN PALMIOTTO	DIRECTOR	1.00	Director	$0	$0	$0
ALLIE AGATI	DIRECTOR (AS OF 01/25)	1.00	Director	$0	$0	$0
CRAIG RINKER	DIRECTOR	1.00	Director	$0	$0	$0
JENNY QUIJANO SAX	DIRECTOR (UNTIL 08/24)	1.00	Director	$0	$0	$0
CARMEISHA HUCKLEBY	DIRECTOR (UNTIL 01/25)	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
2025	$6,903,055	$6,042,240	$2,417,559	$860,815
2024	$7,264,767	$5,966,623	$1,547,084	$1,298,144
2023	$5,553,359	$4,353,667	$2,691,879	$1,199,692
2022	$2,843,422	$3,085,907	$1,494,580	$-242,485
2021	No data	$1,318,570	$1,749,283	No data
2020	$6,141,103	$5,341,269	$3,094,043	$799,834
2019	$5,158,534	$4,599,580	$2,227,540	$558,954
2018	$5,116,711	$4,071,963	$2,158,561	$1,044,748

CONSORTIUM FOR ADVANCED STUDIES ABROAD