COUNCIL FOR THE ADVANCEMENT OF STANDARDS IN HIGHER EDUCATION

EIN: 521228597 501(c)(3)

FORT LAUDERDALE, FL

Total Revenue
$223,329
Total Expenses
$413,869
Total Assets
$532,844
Net Assets
$522,250
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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
1980
Legal Domicile
FL
Principal Officer
CAROL MILLER SCHAEFER
Phone
8008897270
Tax Period
2024-09-01 to 2025-08-31

COUNCIL FOR THE ADVANCEMENT OF STANDARDS IN HIGHER EDUCATION, founded in 1980, is a small nonprofit that reported $223K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $414K exceeded revenue, resulting in a 85% operating deficit.

Mission

THE DEVELOPMENT AND PROMULGATION OF PROFESSIONAL EDUCATIONAL STANDARDS.

Program Service Accomplishments

Program 1
Expenses: $147,644 Revenue: $0

PUBLICATION OF RECOMMENDED GUIDELINES AND SELF-STUDIES FOR ASSESSING QUALITY OF SERVICES COLLEGES AND UNIVERSITIES PROVIDE FOR STUDENTS.

Program 2
Expenses: $153,075 Revenue: $0

RESEARCH AND DEVELOPMENT OF GUIDELINES TO BE USED TO ENHANCE SERVICES PROVIDED TO COLLEGE AND UNIVERSITY STUDENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $181,199
Investment Income $42,130
Other Revenue $0
TOTAL REVENUE $223,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $300,719
Other Expenses $413,869
TOTAL EXPENSES $413,869

Year-over-Year Comparison

2024 2023 Change
Revenue $223,329 $311,367 -0.3%
Expenses $413,869 $288,654 +0.4%
Net Income $-190,540 $22,713 -9.4%
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
40
Independent Members
40
Employees
N/A
Volunteers
100

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH JOHNSON PAST PRESIDENT 1.00
Director
$0 $0 $0
GAYLE SPENCER PRESIDENT 1.00
Officer
$0 $0 $0
CAROL MILLER SCHAEFER MEMBER AT LARGE ADMIN 1.00
Director
$0 $0 $0
RAY PLAZA MEMBER AT LARGE STANDARDS 1.00
Director
$0 $0 $0
DAN BUREAU MEMBER AT LARGE PUBLICATIONS 1.00
Director
$0 $0 $0
CHRISTINE SELF MEMBER AT LARGE MEMBERSHIP 1.00
Director
$0 $0 $0
LENA CRAIN EDITOR 5.00
Director
$0 $0 $0
DOREEN MURNER EXECUTIVE DIRECTOR 40.00
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 $223,329 $413,869 $532,844 $-190,540
2024 $311,367 $288,654 $735,304 $22,713
2023 $248,703 $286,009 $713,967 $-37,306
2022 $311,762 $208,091 $756,644 $103,671
2021 $261,365 $198,213 $816,605 $63,152
2020 $302,838 $229,631 $653,330 $73,207
2018 $209,682 $185,488 $546,221 $24,194
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