HIGHER EDUCATION SYSTEMS & SERVICES CONSORTIUM INC (EIN 811539810) - 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

2023

Legal Domicile

Principal Officer

PETER CHRISTENSEN

Phone

2702503926

Tax Period

2024-01-01 to 2024-12-31

HIGHER EDUCATION SYSTEMS & SERVICES CONSORTIUM INC, founded in 2023, is a small nonprofit in the Education sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 6% surplus.

Mission

COLLABORATE WITH OTHER NON-PROFIT INSTITUTIONS OF HIGHER EDUCATION IN AN EFFORT TO PARTNER WITH SAID INSTITUTIONS IN THE PURCHASE AND SHARING OF SYSTEMS AND SERVICES THAT ASSIST AND PROMOTE THEIR RESPECTIVE EDUCATIONAL MISSIONS.

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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 $0

Program Service Revenue $238,829

Investment Income $0

Other Revenue $0

TOTAL REVENUE $238,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $213,199

Other Expenses $223,367

TOTAL EXPENSES $223,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$238,829	$184,954	+0.3%
Expenses	$223,367	$181,495	+0.2%
Net Income	$15,462	$3,459	+3.5%

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

N/A

Volunteers

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
CAROL SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH FOWLKES	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$0
PENNY EVANS-PLANTS	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
PETER CHRISTENSEN	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
PAUL DUPREE	BOARD MEMBER	1.00	Director	$0	$0	$0
TROY THOMASON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE PACIONE	BOARD MEMBER	1.00	Director	$0	$0	$0
KENITRA HORSLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
SPENCER GOLDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA PIRET	BOARD MEMBER	1.00	Director	$0	$0	$0
GENE SPENCER	BOARD MEMBER	1.00	Director	$0	$0	$0
TREY ARRINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW MCKENNA	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
GWEN PECHAN	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
TOM KRUSE	BOARD MEMBER	1.00	Director	$0	$0	$0
BRETT HINSON	BOARD MEMBER	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	$238,829	$223,367	$152,048	$15,462

HIGHER EDUCATION SYSTEMS & SERVICES CONSORTIUM INC