CAMBRIDGE ASSESSMENT INC

EIN: 800546414 501(c)(3)

NEW YORK, NY

Total Revenue
$4,475,469
Total Expenses
$10,830,441
Total Assets
N/A
Net Assets
N/A
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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
2010
Legal Domicile
DE
Principal Officer
MICHAEL PRZYBYLSKI
Phone
9175222141
Tax Period
2022-08-01 to 2023-01-31

CAMBRIDGE ASSESSMENT INC, founded in 2010, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2022. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $10.8M exceeded revenue, resulting in a 142% operating deficit.

Mission

THE ORGANIZATION'S OBJECTIVE IS TO ADVANCE EDUCATION BY HELPING ALL LEARNERS ACCESS THE BENEFITS OF THEIR EDUCATION THROUGH RECEIVING A FAIR AND ACCURATE ASSESSMENT OF THEIR SKILLS, KNOWLEDGE AND UNDERSTANDING.

Program Service Accomplishments

Program 1
Expenses: $10,542,702 Revenue: $4,475,469

EXAMINATIONS AND ASSESSMENTS - ADVANCE EDUCATION BY HELPING ALL LEARNERS ACCESS THE BENEFITS OF THEIR EDUCATION THROUGH RECEIVING A FAIR AND ACCURATE ASSESSMENT OF THEIR SKILLS, KNOWLEDGE AND...

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EXAMINATIONS AND ASSESSMENTS - ADVANCE EDUCATION BY HELPING ALL LEARNERS ACCESS THE BENEFITS OF THEIR EDUCATION THROUGH RECEIVING A FAIR AND ACCURATE ASSESSMENT OF THEIR SKILLS, KNOWLEDGE AND UNDERSTANDING AND THE DOING OF ALL SUCH OTHER THINGS AS ARE INCIDENTAL OR CONDUCIVE TO THE ATTAINMENT OF THAT OBJECTIVE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,475,469
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,475,469

Expense Breakdown

Grants Paid $6,568,626
Salaries & Benefits $2,430,699
Fundraising Expenses $0
Program Expenses $10,542,702
Other Expenses $1,831,116
TOTAL EXPENSES $10,830,441

Year-over-Year Comparison

2022 2021 Change
Revenue $4,475,469 $12,160,555 -0.6%
Expenses $10,830,441 $7,420,640 +0.5%
Net Income $-6,354,972 $4,739,915 -2.3%
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
5
Independent Members
N/A
Employees
20
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
5
$1,744,938
Total Directors
5
$1,744,938
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE OZDEN PRESIDENT 1.00
Officer Director
$0 $0 $364,349
MARK CAVONE ASSISTANT SECRETARY 35.00
Officer Director
$302,799 $0 $302,799
FRANCESCA WOODWARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $352,642
VANESSA MCPHEE TREASURER 1.00
Officer Director
$0 $0 $305,911
PAUL COLBERT SECRETARY 1.00
Officer Director
$0 $0 $419,237
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
2023 $4,475,469 $10,830,441 No data $-6,354,972
2022 $12,160,555 $7,420,640 $6,528,099 $4,739,915
2021 $5,258,241 $5,022,247 $6,389,220 $235,994
2020 $5,107,079 $4,858,702 $1,718,069 $248,377
2019 $4,431,117 $4,217,753 $1,712,324 $213,364
2018 $3,911,313 $3,731,193 $1,223,642 $180,120
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