American Association For Paralegal Education Inc (EIN 611047512) - 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

1982

Legal Domicile

Principal Officer

Chris Simcox

Phone

3022516058

Tax Period

2024-01-01 to 2024-12-31

American Association For Paralegal Education Inc, founded in 1982, is a small nonprofit that reported $278K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $85K, a strong 31% operating margin.

Mission

To promote quality paralegal education, develop education standards, encourage professional growth, and provide a forum to disseminate information.

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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 $130,752

Program Service Revenue $141,330

Investment Income $5,552

Other Revenue $185

TOTAL REVENUE $277,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $192,448

Other Expenses $192,448

TOTAL EXPENSES $192,448

Year-over-Year Comparison

	2024	2023	Change
Revenue	$277,819	$305,367	-0.1%
Expenses	$192,448	$269,645	-0.3%
Net Income	$85,371	$35,722	+1.4%

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

256

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shaun Koenig	Director	2.00	Director	$0	$0	$0
Lisa Hutton	Director	2.00	Director	$0	$0	$0
Toni Marsh	Director	2.00	Director	$0	$0	$0
Tracy Nothnagel	Director	2.00	Director	$0	$0	$0
Elizabeth Nowakowski	Director	2.00	Director	$0	$0	$0
Deana Waters	Director	2.00	Director	$0	$0	$0
Kenneth Goldsmith	Director	2.00	Director	$0	$0	$0
Nathan Mihelich	Executive Dir.	5.00	Director	$0	$0	$0
Chris Simcox	President	4.00	Officer	$0	$0	$0
Page Beetem	Past President	2.00	Officer	$0	$0	$0
Ian Sharping	Treasurer	2.00	Officer	$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	$277,819	$192,448	$369,698	$85,371
2023	$305,367	$269,645	$281,321	$35,722
2022	$279,778	$239,786	$254,719	$39,992
2021	$222,828	$165,018	$224,764	$57,810
2020	$234,592	$169,524	$131,239	$65,068

American Association For Paralegal Education Inc