Accord Network

EIN: 521130135 501(c)(3)

Washington, DC

Total Revenue
$488,612
Total Expenses
$554,552
Total Assets
$310,073
Net Assets
$304,429
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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
1978
Legal Domicile
DC
Principal Officer
Michael Cerna
Phone
2026693846
Tax Period
2023-01-01 to 2023-12-31

Accord Network, founded in 1978, is a small nonprofit that reported $489K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $555K exceeded revenue, resulting in a 13% operating deficit.

Mission

To support Christian relief and development organizations in fulfilling their exempt purposes.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,200
Program Service Revenue $456,464
Investment Income $10,948
Other Revenue $0
TOTAL REVENUE $488,612

Expense Breakdown

Grants Paid $2,775
Salaries & Benefits $229,752
Fundraising Expenses $4,306
Program Expenses $483,608
Other Expenses $322,025
TOTAL EXPENSES $554,552

Year-over-Year Comparison

2023 2022 Change
Revenue $488,612 $598,851 -0.2%
Expenses $554,552 $464,442 +0.2%
Net Income $-65,940 $134,409 -1.5%
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

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Governance

Voting Members
10
Independent Members
9
Employees
1
Volunteers
9

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
6
$215,288
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nell Becker-Sweeden Chair 1.00
Officer Director
$0 $0 $0
Bill Simmons Vice-Chair 1.00
Officer Director
$0 $0 $0
Subodh Kumar Director 1.00
Director
$0 $0 $0
Eileen Martin-Yeboah Secretary 1.00
Officer Director
$0 $0 $0
Neal Joseph Director 1.00
Director
$0 $0 $0
Kara Edson Treasurer 1.00
Officer Director
$0 $0 $0
Mike Mercer Director 1.00
Director
$0 $0 $0
Matt Hangen Director 1.00
Director
$0 $0 $0
Lara Lambert Director 1.00
Director
$0 $0 $0
Michael Cerna CEO 38.00
Officer Director
$0 $0 $0
Chad Hayward Former President 38.00
Officer
$195,003 $20,285 $215,288
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 $488,612 $554,552 $310,073 $-65,940
2022 $598,851 $464,442 $408,504 $134,409
2021 $380,108 $322,863 $272,137 $57,245
2020 $355,523 $299,206 $243,378 $56,317
2019 $473,726 $452,153 $234,476 $21,573
2018 $318,502 $311,575 $297,824 $6,927
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