NATIONAL ASSOCIATION OF STATE DIRECTORS OF CAREER TECHNICAL EDUCATION CONSORTIUM

EIN: 521646898

SILVER SPRING, MD

Total Revenue
$1,776,673
Total Expenses
$1,331,254
Total Assets
$8,775,414
Net Assets
$7,804,475
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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
1921
Legal Domicile
DE
Principal Officer
KATE BLOSVEREN KREAMER
Phone
3015889630
Tax Period
2024-07-01 to 2025-06-30

NATIONAL ASSOCIATION OF STATE DIRECTORS OF CAREER TECHNICAL EDUCATION CONSORTIUM, founded in 1921, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $445K, a strong 25% operating margin.

Mission

SUPPORT STATE CTE LEADERSHIP TO ADVANCE HIGH-QUALITY AND EQUITABLE CTE POLICIES, PROGRAMS AND PATHWAYS THAT ENSURE CAREER AND COLLEGE SUCCESS FOR EACH LEARNER.

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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 $1,623,282
Investment Income $111,136
Other Revenue $42,255
TOTAL REVENUE $1,776,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $737,783
Fundraising Expenses $0
Program Expenses $563,912
Other Expenses $593,471
TOTAL EXPENSES $1,331,254

Year-over-Year Comparison

2024 2023 Change
Revenue $1,776,673 $1,673,719 +0.1%
Expenses $1,331,254 $1,148,774 +0.2%
Net Income $445,419 $524,945 -0.2%
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
11
Independent Members
11
Employees
27
Volunteers
12

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
$476,933
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THALEA LONGHURST PRESIDENT 0.50
Officer Director
$0 $0 $0
KATIE GRAHAM PAST PRESIDENT 0.30
Officer Director
$0 $0 $0
BRITTNEY WILLIAMS VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
JACQUE TREASTER SECRETARY-TREASURER 0.30
Officer Director
$0 $0 $0
CANDI COLLIER DIRECTOR 0.30
Director
$0 $0 $0
ELIZABETH BENNETT DIRECTOR 0.30
Director
$0 $0 $0
JENNELL IVES DIRECTOR 0.30
Director
$0 $0 $0
WAYDE SICK DIRECTOR 0.30
Director
$0 $0 $0
DR MICHELLE ALDRICH DIRECTOR 0.30
Director
$0 $0 $0
VICTORIA CROWNOVER STATE ASSOCIATE REPRESENTA 0.30
Director
$0 $0 $0
DONNA LEWELLING ASSOCIATE MEMBER REPRESENT 0.30
Director
$0 $0 $0
LEAH AMSTUTZ DIRECTOR 0.30
Director
$0 $0 $0
KATE BLOSVEREN KREAMER EXECUTIVE DIRECTOR 9.00
Officer
$246,115 $33,430 $279,545
EMILY J PASSIAS DEPUTY EXECUTIVE DIRECTOR 0.50
Officer
$172,422 $24,966 $197,388
STEPHANIE D WHITE DIRECTOR OF MEMBERSHIP ENGAGEMENT & PROF. LEARNING 0.50
Highest
$108,846 $17,063 $125,909
TUNISHA HOBSON SENIOR ADVISOR, PEOPLE AND LEADERSHIP DEVELOPMENT 0.50
Highest
$112,353 $18,995 $131,348
NITHYA GOVINDASAMY SENIOR DIRECTOR, POLICY 0.50
Highest
$137,600 $21,948 $159,548
KEVIN JOHNSON SENIOR ADVISOR 5.00
Highest
$111,324 $23,112 $134,436
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 $1,776,673 $1,331,254 $8,775,414 $445,419
2024 $1,673,719 $1,148,774 $7,817,213 $524,945
2023 $1,023,093 $595,573 $7,057,837 $427,520
2022 $912,781 $674,620 $5,258,133 $238,161
2021 $1,161,794 $537,192 $5,471,012 $624,602
2020 $919,024 $536,632 $4,276,973 $382,392
2019 $1,202,711 $888,771 $3,883,072 $313,940
2018 $1,059,223 $884,166 $3,351,420 $175,057
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