DISTANCE EDUCATION & TRAINING COUNCIL (EIN 530115490) - 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

1926

Legal Domicile

Principal Officer

LEAH MATTHEWS

Phone

2022345100

Tax Period

2024-04-01 to 2025-03-31

DISTANCE EDUCATION & TRAINING COUNCIL, founded in 1926, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $872K, a strong 19% operating margin.

Mission

SEE PART III, LINE 1.

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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 $109,875

Program Service Revenue $3,890,349

Investment Income $652,747

Other Revenue $7,865

TOTAL REVENUE $4,660,836

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,397,922

Fundraising Expenses $0

Other Expenses $2,390,904

TOTAL EXPENSES $3,788,826

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,660,836	$3,363,294	+0.4%
Expenses	$3,788,826	$3,523,200	+0.1%
Net Income	$872,010	$-159,906	-6.5%

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

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

$421,096

Total Directors

$21,000

Key Employees

$235,888

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIA DITMYER	CHAIR & PUBLIC COMMISSIONER	4.00	Officer Director	$6,000	$0	$6,000
AMANDA HARRISON	VICE CHAIR	4.00	Officer Director	$0	$0	$0
ROBERT ALLISON	TREASURER	4.00	Officer Director	$5,000	$0	$5,000
ROBERT FRANKEL	INSTITUTION COMMISSIONER	4.00	Director	$0	$0	$0
MICHAEL MYK GARN	INSTITUTION COMMISSIONER	4.00	Director	$3,500	$0	$3,500
STEPHEN HAAS	INSTITUTION COMMISSIONER	4.00	Director	$0	$0	$0
EBONY LAWRENCE	INSTITUTION COMMISSIONER	4.00	Director	$2,000	$0	$2,000
KEVIN RUTH	INSTITUTION COMMISSIONER	4.00	Director	$1,500	$0	$1,500
SUSANNE THOMPSON	INSTITUTION COMMISSIONER	4.00	Director	$0	$0	$0
PETER SMITH	PUBLIC COMMISSIONER	4.00	Director	$3,000	$0	$3,000
TRACEY ABELL	INSTITUTION COMMISSIONER	4.00	Director	$0	$0	$0
LEAH MATTHEWS	EXECUTIVE DIRECTOR	37.50	Officer	$345,778	$64,318	$410,096
NAN RIDGEWAY	DIRECTOR OF ACCREDITATION	37.50	Key Emp	$195,349	$40,539	$235,888
LISSETTE HUBBARD	MGR. OF INST. DEV. & ASSESSMENT	37.50	Highest	$107,601	$26,264	$133,865

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	$4,660,836	$3,788,826	$7,280,391	$872,010
2024	$3,363,294	$3,523,200	$4,947,714	$-159,906
2023	$3,267,351	$3,448,617	$4,636,940	$-181,266
2022	$3,239,477	$2,753,157	$4,645,573	$486,320
2021	$2,486,723	$2,431,138	$4,122,632	$55,585
2020	$3,159,366	$3,192,238	$3,391,030	$-32,872
2019	$3,243,617	$3,157,592	$3,778,311	$86,025

DISTANCE EDUCATION & TRAINING COUNCIL