AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION (EIN 526041929) - 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

1948

Legal Domicile

Principal Officer

LYNN M GANGONE

Phone

2022932450

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION, founded in 1948, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2023. Expenses of $5.5M exceeded revenue, resulting in a 18% operating deficit.

Mission

AACTE LEADS IN ADVOCATING FOR AND BUILDING HIGH-QUALITY EDUCATOR PREPARATION PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,238

Program Service Revenue $4,097,526

Investment Income $346,754

Other Revenue $19,663

TOTAL REVENUE $4,619,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,023,222

Fundraising Expenses $0

Program Expenses $2,812,724

Other Expenses $3,441,037

TOTAL EXPENSES $5,464,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,619,181	$4,827,160	0.0%
Expenses	$5,464,259	$4,941,051	+0.1%
Net Income	$-845,078	$-113,891	+6.4%

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

Governance

Voting Members

Independent Members

Employees

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

$510,315

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONIKA WILLIAMS SHEALEY	CHAIR	1.00	Officer Director	$0	$0	$0
MARQUITA GRENOT-SCHEYER	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
MICHAEL DANTLEY	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
MARVIN LYNN	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE TAPP	AT-LARGE MEMBER, EXECUTIVE	1.00	Director	$0	$0	$0
LAURA ALAMILLO	MEMBER	1.00	Director	$0	$0	$0
CAROLE G BASILE	MEMBER	1.00	Director	$0	$0	$0
STACEY EDMONSON	MEMBER	1.00	Director	$0	$0	$0
CHANDRA J FOOTE	MEMBER	1.00	Director	$0	$0	$0
LOURY FLOYD	MEMBER	1.00	Director	$0	$0	$0
ROBIN FUXA	MEMBER	1.00	Director	$0	$0	$0
YOLANDA GALLARDO	MEMBER	1.00	Director	$0	$0	$0
CHRISTINE GOROWARA	MEMBER	1.00	Director	$0	$0	$0
GAYLE E HUTCHINSON	MEMBER	1.00	Director	$0	$0	$0
TAMBRA JACKSON	MEMBER	1.00	Director	$0	$0	$0
RHONDA JETER	MEMBER	1.00	Director	$0	$0	$0
GLADIS KERSAINT	MEMBER	1.00	Director	$0	$0	$0
MARK NOOK	MEMBER	1.00	Director	$0	$0	$0
LOLETA SARTIN	MEMBER	1.00	Director	$0	$0	$0
MARCIE WYCOFF-HORN	MEMBER	1.00	Director	$0	$0	$0
LYNN GANGONE	PRESIDENT & CEO	37.50	Officer	$382,222	$61,905	$444,127
MICHAEL ROSE	SR. DIRECTOR OF GOVERNMENT	37.50	Officer	$58,533	$7,655	$66,188
WEADE JAMES	VP, ORGANIZATIONAL ADVANCE	37.50	Highest	$150,989	$11,411	$162,400
MARTA DRAKE	CHIEF OPERATING OFFICER	37.50	Highest	$177,640	$16,224	$193,864

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	$4,619,181	$5,464,259	$12,209,361	$-845,078
2022	$4,827,160	$4,941,051	$12,116,715	$-113,891
2021	$5,505,897	$5,025,345	$13,782,203	$480,552
2020	$9,319,257	$5,595,345	$13,742,734	$3,723,912
2019	$5,605,429	$5,386,984	$11,511,733	$218,445
2018	$5,921,730	$5,241,149	$10,728,468	$680,581

AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION