BOARD OF CERTIFICATION INC (EIN 561662638) - 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

1989

Legal Domicile

Principal Officer

ANNE MINTON

Phone

4025590091

Tax Period

2023-01-01 to 2023-12-31

BOARD OF CERTIFICATION INC, founded in 1989, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 20% operating margin.

Mission

THE BOARD OF CERTIFICATION SETS THE STANDARDS FOR ATHLETIC TRAINING IN THE UNITED STATES.

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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 $0

Program Service Revenue $5,032,625

Investment Income $349,452

Other Revenue $292,394

TOTAL REVENUE $5,674,471

Expense Breakdown

Grants Paid $5,593

Salaries & Benefits $2,431,994

Fundraising Expenses $0

Program Expenses $1,653,794

Other Expenses $2,081,777

TOTAL EXPENSES $4,519,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,674,471	$3,234,279	+0.8%
Expenses	$4,519,364	$4,047,292	+0.1%
Net Income	$1,155,107	$-813,013	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

530

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

$524,864

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE SHINGLES	PRESIDENT	8.00	Officer Director	$0	$0	$0
MARY KIRKLAND	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL CARROLL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN CONWAY	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
KATHERINE DEC	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA CHAPSKI	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ASHTON	DIRECTOR	1.00	Director	$0	$0	$0
NEIL CURTIS	DIRECTOR	1.00	Director	$0	$0	$0
ANNE MINTON	CHIEF EXECUTIVE OFFICER	45.00	Officer	$339,406	$25,901	$365,307
STEPHANIE BOLDT	VP OF OPERATIONS	45.00	Officer	$139,006	$20,551	$159,557
SHARON ROBSON	CHIEF STAFFING OFFICER	45.00	Highest	$181,851	$17,310	$199,161
SHANNON FLEMING	VP OF CREDENTIALING	45.00	Highest	$154,592	$15,834	$170,426
KENDRA ASPEGREN	VP OF TECHNOLOGY AND SPECIAL PROJECTS	45.00	Highest	$109,163	$17,862	$127,025
JAMES HIGGINS	SOFTWARE ARCHITECT	45.00	Highest	$108,810	$11,622	$120,432

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	$5,674,471	$4,519,364	$22,541,968	$1,155,107
2022	$3,234,279	$4,047,292	$19,730,559	$-813,013
2021	$6,438,062	$4,169,889	$23,217,793	$2,268,173
2020	$5,210,118	$3,823,270	$20,627,781	$1,386,848
2019	$6,072,517	$4,036,708	$17,976,030	$2,035,809
2018	$5,855,017	$3,800,407	$15,218,327	$2,054,610

BOARD OF CERTIFICATION INC