ADVANCED REGIONAL TECHNICAL EDUCATION INC (EIN 820506167) - 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

1998

Legal Domicile

Phone

2084364727

Tax Period

2020-07-01 to 2021-06-30

ADVANCED REGIONAL TECHNICAL EDUCATION INC, founded in 1998, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2020. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $336K, a strong 29% operating margin.

Mission

PROVIDING CHALLENGING HIGH QUALITY PROFESSIONAL-TECHNICAL PROGRAMS TO HIGH SCHOOL STUDENTS IN SOUTH CENTRAL IDAHO SCHOOL DISTRICTS THAT WILL PREPARE THEM WITH SKILLS NECESSARY TO BE SUCCESSFUL IN THEIR CHOSEN CAREER OR IN THE PURSUIT OF A TWO OR FOUR YEAR DEGREE

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,159,277

Program Service Revenue $0

Investment Income $552

Other Revenue $170

TOTAL REVENUE $1,159,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $823,676

Other Expenses $823,676

TOTAL EXPENSES $823,676

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,159,999	$1,977,837	-0.4%
Expenses	$823,676	$1,812,973	-0.5%
Net Income	$336,323	$164,864	+1.0%

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

N/A

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
KORY LLOYD	Director	0.25	Director	$0	$0	$0
STEFANIE SHAW	Director	0.25	Director	$0	$0	$0
JONATHON LORD	Director	0.25	Director	$0	$0	$0
L T ERICKSON	Director	0.25	Director	$0	$0	$0
KELLY FISHER	Director	0.25	Director	$0	$0	$0
RON ANTHONY	Director	0.25	Director	$0	$0	$0
JAMES SHANK	Director	0.25	Director	$0	$0	$0
DALE LAYNE	Director	0.25	Director	$0	$0	$0
ERINN NEILSON	Vice President	0.25	Officer	$0	$0	$0
MICHAEL ARRINGTON	President	2.00	Officer	$0	$0	$0
COLBY RICKS	Treasurer	0.25	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
2021	$1,159,999	$823,676	$731,977	$336,323
2020	$1,977,837	$1,812,973	$371,249	$164,864
2019	$1,864,632	$1,900,711	$202,137	$-36,079

ADVANCED REGIONAL TECHNICAL EDUCATION INC