PRICHARD COMMITTEE FOR ACADEMIC EXCELLENCE INC (EIN 611026214) - 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

1983

Legal Domicile

Principal Officer

BRIGITTE BLOM

Phone

8592339849

Tax Period

2023-01-01 to 2023-12-31

PRICHARD COMMITTEE FOR ACADEMIC EXCELLENCE INC, founded in 1983, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 112% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 13% surplus.

Mission

TO BUILD A PATH TO LARGER LIFE FOR ALL KENTUCKIANS THROUGH EXCELLENT EDUCATION.

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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 $3,770,381

Program Service Revenue $17,239

Investment Income $45,698

Other Revenue $3,015

TOTAL REVENUE $3,836,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,621,691

Fundraising Expenses $123,869

Program Expenses $2,818,433

Other Expenses $1,724,819

TOTAL EXPENSES $3,346,510

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,836,333	$1,810,577	+1.1%
Expenses	$3,346,510	$1,813,364	+0.8%
Net Income	$489,823	$-2,787	-176.8%

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

150

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

$223,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIGITTE BLOM	PRESIDENT &	40.00	Officer	$212,909	$11,006	$223,915
DR JAY BOX	DIRECTOR	1.00	Director	$0	$0	$0
LEO CALDERON	DIRECTOR	1.00	Director	$0	$0	$0
GARREN COLVIN	DIRECTOR	1.00	Director	$0	$0	$0
AL CORNISH	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN D ELKINGTON	DIRECTOR	1.00	Director	$0	$0	$0
W CLAY H FORD	CHAIR	1.00	Director	$0	$0	$0
FRANKLIN JELSMA	DIRECTOR	1.00	Director	$0	$0	$0
LONNIE LAWSON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN MOTLEY	DIRECTOR	1.00	Director	$0	$0	$0
WYNN L RADFORD	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK RAMSEY	DIRECTOR	2.00	Officer Director	$0	$0	$0
DR JULIA L ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
FELICIA CUMMINGS SMITH	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JULIE TENNYSON	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
GWEN YOUNG	SECRETARY/TR	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	No data	No data	No data	No data
2023	$3,836,333	$3,346,510	$5,893,118	$489,823
2022	$1,810,577	$1,813,364	$4,684,533	$-2,787
2021	$1,745,118	$2,336,251	$5,009,260	$-591,133
2020	$1,935,266	$2,794,245	$5,227,999	$-858,979
2019	$1,278,702	$2,158,365	$5,434,962	$-879,663
2018	$2,458,322	$1,283,673	$5,794,050	$1,174,649

PRICHARD COMMITTEE FOR ACADEMIC EXCELLENCE INC