WESTERN EDUCATIONAL CORPORATION (EIN 811960983) - 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

2014

Legal Domicile

Principal Officer

JERI VINCENT

Phone

6612721225

Tax Period

2023-07-01 to 2024-06-30

WESTERN EDUCATIONAL CORPORATION, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $98.4M in total revenue in fiscal year 2023.

Mission

THE MISSION OF WESTERN EDUCATIONAL CORPORATION IS TO PROVIDE A STUDENT-CENTERED, HIGH-QUALITY EDUCATION FOR ALL LEARNERS THROUGH A SAFE, SUPPORTIVE, TRAUMA-INFORMED COMMUNITY WHERE STUDENTS ARE ENCOURAGED TO SELF-ADVOCATE, TAKE CONTROL OF THEIR EDUCATION, AND DEVELOP THE SKILLS NECESSARY TO THRIVE IN THE WORKPLACE AND POST-SECONDARY OPPORTUNITIES.

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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 $98,347,299

Program Service Revenue $0

Investment Income $78,263

Other Revenue $0

TOTAL REVENUE $98,425,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,158,645

Fundraising Expenses $0

Program Expenses $88,454,868

Other Expenses $39,136,716

TOTAL EXPENSES $96,295,361

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,425,562	$93,551,914	+0.1%
Expenses	$96,295,361	$90,722,857	+0.1%
Net Income	$2,130,201	$2,829,057	-0.2%

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

574

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

$143,331

Total Directors

$43,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERIE PADILLA	PROGRAM DIRECTOR	40.00		$189,950	$17,722	$207,672
KENNETH LARSON	TEACHER	40.00		$163,739	$40,371	$204,110
JOY TAYLOR	PRINCIPAL	40.00		$166,845	$22,972	$189,817
JANET WILSON	AREA SUPERINTENDENT	28.00		$165,402	$23,243	$188,645
LILIANA CHILDS	TEACHER	40.00		$150,822	$25,935	$176,757
MINERVA CLAYTON	PRINCIPAL	40.00		$124,169	$46,601	$170,770
LINDSAY REESE	AREA SUPERINTENDENT	22.00		$135,177	$21,508	$156,685
JULIE PARRA	AREA SUPERINTENDENT	18.00		$93,495	$10,505	$104,000
JERI VINCENT	CFO	9.00	Officer	$58,938	$13,237	$72,175
JEFFREY MARTINEAU	VP CHARTER RELATIONS	9.00		$60,465	$11,228	$71,693
JEFF BROWN	CEO	9.00	Officer	$58,566	$12,590	$71,156
SHELLIE HANES	AREA SUPERINTENDENT	9.00		$58,574	$3,848	$62,422
MICHAEL R ADAMS	Director	1.00	Director	$11,550	$0	$11,550
CLAUDETTE BECK	Director	1.00	Director	$11,550	$0	$11,550
DAVID RATHGEBER	Director	1.00	Director	$11,550	$0	$11,550
FRANK LUKACSA	Director	1.00	Director	$8,550	$0	$8,550

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
2025	No data	No data	No data	No data
2024	$98,425,562	$96,295,361	$54,616,090	$2,130,201
2023	$93,551,914	$90,722,857	$57,876,319	$2,829,057
2022	$81,065,935	$78,293,956	$22,503,405	$2,771,979
2021	$68,372,761	$63,676,620	$27,667,825	$4,696,141
2020	$65,815,539	$64,273,619	$19,320,312	$1,541,920
2020	$65,815,539	$64,273,619	$19,320,312	$1,541,920
2019	$58,179,886	$57,700,161	$17,389,685	$479,725
2018	$41,577,883	$40,874,228	$15,596,690	$703,655

WESTERN EDUCATIONAL CORPORATION