CREDENTIAL ENGINE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

SCOTT CHENEY

Phone

2022570279

Tax Period

2023-01-01 to 2023-12-31

CREDENTIAL ENGINE INC, founded in 2016, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $3.7M left a modest 4% surplus.

Mission

TO MAP THE CREDENTIAL LANDSCAPE WITH CLEAR AND CONSISTENT INFORMATION, FUELING THE CREATION OF RESOURCES THAT EMPOWER PEOPLE TO FIND THE PATHWAYS THAT ARE BEST FOR THEM. CREDENTIAL ENGINE PROVIDES A SUITE OF WEB-BASED SERVICES THAT CREATES FOR THE FIRST TIME A CENTRALIZED CREDENTIAL REGISTRY TO HOUSE UP-TO-DATE INFORMATION ABOUT ALL CREDENTIALS, THE CREDENTIAL TRANSPARENCY DESCRIPTION LANGUAGE (CTDL) A COMMON DESCRIPTION LANGUAGE TO ENABLE CREDENTIAL COMPARABILITY, AND A PLATFORM TO SUPPORT CUSTOMIZED APPLICATIONS TO SEARCH AND RETRIEVE INFORMATION ABOUT CREDENTIALS.

Program Service Accomplishments

Program 1

Expenses: $2,691,865 Revenue: $2,702,401

EDUCATION PROGRAMS: CREDENTIAL ENGINE, INC. MAINTAINS AN OPEN REGISTRY OF ALL CREDENTIALS, DESCRIBES THEM USING A COMMON LANGUAGE AND SUPPORTS AN OPEN APPLICATION MARKETPLACE TO ALLOW USER ACCESS TO...

Program 2

Expenses: $24,961

POLICY - AS REQUESTED, CREDENTIAL ENGINE EDUCATES AND SUPPORTS POLICY MAKERS AT INSTITUTION, SYSTEM, STATE, FEDERAL, AND NATIONAL LEVELS SO THEY CAN CRAFT GUIDANCE, REGULATION, FUNDING, PROCUREMENT...

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,086,353

Program Service Revenue $2,702,401

Investment Income $20,559

Other Revenue $0

TOTAL REVENUE $3,809,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,361,794

Fundraising Expenses $50,673

Program Expenses $2,716,826

Other Expenses $1,297,846

TOTAL EXPENSES $3,659,640

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,809,313	$4,467,140	-0.1%
Expenses	$3,659,640	$3,219,029	+0.1%
Net Income	$149,673	$1,248,111	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$361,587

Total Directors

Key Employees

$438,507

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT CHENEY	EXECUTIVE DIRECTOR & CEO	40.00	Officer	$293,460	$68,127	$361,587
DEBORAH EVERHART	CHIEF STRATEGY OFFICER	40.00	Key Emp	$202,703	$26,518	$229,221
JEANNE KITCHENS	CHIEF TECHNICAL SERVICES OFFICER	40.00	Key Emp	$158,321	$50,965	$209,286
BARBARA GELLMAN-DANLEY	CHAIR	3.00	Officer Director	$0	$0	$0
JEFFREY GRANN	CREDENTIAL SOLUTIONS LEAD	40.00	Highest	$146,245	$53,762	$200,007
MICHAEL PARSONS	SENIOR SOLUTIONS ENGINEER	40.00	Highest	$130,312	$50,060	$180,372
RACHEL VILSAK	CHIEF OPERATIONS OFFICER	40.00	Highest	$137,052	$41,255	$178,307
AARON FICHTNER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
TED MITCHELL	TREASURER	3.00	Officer Director	$0	$0	$0
LIBERTY MUNSON	DIRECTOR	3.00	Director	$0	$0	$0
ELENI PAPADAKIS	DIRECTOR	3.00	Director	$0	$0	$0
ANDREAS SCHLEICHER	DIRECTOR	3.00	Director	$0	$0	$0
NICK SCHACHT	DIRECTOR	3.00	Director	$0	$0	$0
TANYA WALLACE GOBERN	DIRECTOR	3.00	Director	$0	$0	$0
KATHLEEN DELASKI	DIRECTOR	3.00	Director	$0	$0	$0
LEE LAMBERT	DIRECTOR	3.00	Director	$0	$0	$0
SU JIN GATLIN JEZ	DIRECTOR AS OF APRIL	3.00	Director	$0	$0	$0
JOE BHATIA	DIRECTOR UNTIL FEBRUARY	3.00	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	$3,809,313	$3,659,640	$4,055,497	$149,673
2022	$4,467,140	$3,219,029	$3,908,540	$1,248,111
2021	$3,267,999	$3,031,240	$2,829,451	$236,759
2020	$1,509,331	$3,329,402	$2,432,012	$-1,820,071
2019	$3,414,206	$2,631,432	$4,174,643	$782,774
2018	$2,053,963	$2,754,166	$3,393,964	$-700,203