Organization for Associate Degree Nursing Foundation Inc

EIN: 541909704 501(c)(3) Education

Edwardsville, IL

Total Revenue
$540,758
Total Expenses
$449,664
Total Assets
$297,350
Net Assets
$282,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
FL
Phone
6186566010
Tax Period
2024-01-01 to 2024-12-31

Organization for Associate Degree Nursing Foundation Inc, founded in 1998, is a small nonprofit in the Education sector that reported $541K in total revenue in fiscal year 2024. The organization ran a surplus of $91K, a strong 17% operating margin.

Mission

Support curriculum innovations to improve preparation of the Associate Degree graduate. Keep Associate Degree Nursing education responsive to current health care needs. Support the role of Associate Degree graduates. Provide scholarships to support preparation of faculty and students. Recognition of excellence in teaching and research.

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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 $13,329
Program Service Revenue $108,261
Investment Income $5,355
Other Revenue $413,813
TOTAL REVENUE $540,758

Expense Breakdown

Grants Paid $18,000
Salaries & Benefits $413,812
Fundraising Expenses $0
Program Expenses $438,093
Other Expenses $17,852
TOTAL EXPENSES $449,664

Year-over-Year Comparison

2024 2023 Change
Revenue $540,758 $541,738 0.0%
Expenses $449,664 $514,920 -0.1%
Net Income $91,094 $26,818 +2.4%
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
11
Independent Members
11
Employees
4
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Enrique Garcia CEO 40.00
$178,255 $0 $178,255
Bryan Hoffman COO 40.00
$118,228 $0 $118,228
Donna Meyer President 1.00
Officer Director
$0 $0 $0
Christy Dryer Vice President 1.00
Officer Director
$0 $0 $0
Tom Cucuel Director 1.00
Director
$0 $0 $0
Donna Spivey Treasurer 1.00
Officer Director
$0 $0 $0
Kimberly Harper Secretary 1.00
Officer Director
$0 $0 $0
Monique Davis Director 1.00
Director
$0 $0 $0
Sandra Walker Director 1.00
Director
$0 $0 $0
Andy Mendelson Director 1.00
Director
$0 $0 $0
Elaine Foster Director 1.00
Director
$0 $0 $0
Cara Heinrich Director 1.00
Director
$0 $0 $0
Tonya Talyor Director 1.00
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
2024 $540,758 $449,664 $297,350 $91,094
2024 No data No data No data No data
2023 $541,738 $514,920 $201,736 $26,818
2022 $284,130 $339,664 $154,479 $-55,534
2021 $354,874 $385,297 $235,562 $-30,423
2020 $231,395 $291,462 $273,613 $-60,067
2019 $246,115 $243,989 $292,216 $2,126
2018 $182,184 $223,034 $289,465 $-40,850
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