ASSOCIATION OF SPECIALIZED & PROFESSIONAL ACCREDITORS

EIN: 541680661 501(c)(3) Education

CHICAGO, IL

Total Revenue
$499,290
Total Expenses
$446,759
Total Assets
$1,269,409
Net Assets
$935,565
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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
1993
Legal Domicile
IL
Principal Officer
JOSEPH VIBERT
Phone
2024201064
Tax Period
2023-07-01 to 2024-06-30

ASSOCIATION OF SPECIALIZED & PROFESSIONAL ACCREDITORS, founded in 1993, is a small nonprofit in the Education sector that reported $499K in total revenue in fiscal year 2023. Expenses of $447K left a modest 11% surplus.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO MAINTAIN AND IMPROVE THE QUALITY OF EDUCATIONAL PERFORMANCE AND SAFEGUARD THE PUBLIC.

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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 $0
Program Service Revenue $460,236
Investment Income $39,054
Other Revenue $0
TOTAL REVENUE $499,290

Expense Breakdown

Grants Paid $0
Salaries & Benefits $315,411
Fundraising Expenses $0
Program Expenses $389,591
Other Expenses $131,348
TOTAL EXPENSES $446,759

Year-over-Year Comparison

2023 2022 Change
Revenue $499,290 $472,473 +0.1%
Expenses $446,759 $437,604 +0.0%
Net Income $52,531 $34,869 +0.5%
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
7
Independent Members
7
Employees
1
Volunteers
30

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
3
$0
Total Directors
7
$0
Key Employees
1
$288,886
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER STAGLIANO CHAIR 2.00
Officer Director
$0 $0 $0
CRAIG LITTLE VICE CHAIR 1.00
Officer Director
$0 $0 $0
MOLLIE MULVANITY TREASURER 2.00
Officer Director
$0 $0 $0
MARTHA BOHRT DIRECTOR 1.00
Director
$0 $0 $0
MARK EVELY DIRECTOR 1.00
Director
$0 $0 $0
MONICA SHAW DIRECTOR 1.00
Director
$0 $0 $0
INDIA TIPS DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH VIBERT EXECUTIVE DIRECTOR/SEC. 40.00
Key Emp
$244,422 $44,464 $288,886
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 No data No data No data No data
2024 $499,290 $446,759 $1,269,409 $52,531
2023 $472,473 $437,604 $1,167,415 $34,869
2022 $448,700 $415,750 $1,169,522 $32,950
2021 $449,603 $364,090 $1,109,232 $85,513
2020 $495,370 $435,348 $1,024,613 $60,022
2019 $505,994 $509,215 $933,229 $-3,221
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