COMPETENCY-BASED EDUCATION NETWORK

EIN: 821307652 501(c)(3) Education

FRANKLIN, TN

Total Revenue
$4,293,828
Total Expenses
$3,896,491
Total Assets
$3,226,163
Net Assets
$1,053,240
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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
2017
Legal Domicile
DE
Principal Officer
CHARLA SHEID LONG
Phone
6155171256
Tax Period
2022-07-01 to 2023-06-30

COMPETENCY-BASED EDUCATION NETWORK, founded in 2017, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2022. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 9% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO CATALYZE A COMPETENCY- AND SKILLS-FIRST SOCIETY FOR ALL INDIVIDUALS BY EQUIPPING THOSE WHO SERVE THEM WITH THE EDUCATIONAL SUPPORTS AND RESOURCES NEEDED TO EXPAND EQUITABLE WORK-LEARN PATHWAYS.

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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 $2,065,475
Program Service Revenue $2,202,332
Investment Income $16,019
Other Revenue $10,002
TOTAL REVENUE $4,293,828

Expense Breakdown

Grants Paid $6,000
Salaries & Benefits $1,074,179
Fundraising Expenses $0
Program Expenses $3,445,309
Other Expenses $2,816,312
TOTAL EXPENSES $3,896,491

Year-over-Year Comparison

2022 2021 Change
Revenue $4,293,828 $2,924,304 +0.5%
Expenses $3,896,491 $2,778,478 +0.4%
Net Income $397,337 $145,826 +1.7%
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
10
Independent Members
10
Employees
6
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
$418,454
Total Directors
10
$418,454
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLA SHEID LONG PRESIDENT/DI 45.00
Officer Director
$418,454 $0 $418,454
BROOKS DOHERTY CHAIR/DIRECT 5.00
Officer Director
$0 $0 $0
JENNIFER GRAEBE VICE CHAIR/D 5.00
Officer Director
$0 $0 $0
RAYMOND RICE TREASURER/DI 5.00
Officer Director
$0 $0 $0
STEPHANIE BERNOTEIT SECRETARY/DI 5.00
Officer Director
$0 $0 $0
CHRISTINA AMATO DIRECTOR 2.00
Director
$0 $0 $0
DIANE DEBACKER DIRECTOR 2.00
Director
$0 $0 $0
EMMA MILLER DIRECTOR 2.00
Director
$0 $0 $0
JAMIE FASTEAU DIRECTOR 2.00
Director
$0 $0 $0
NATALIE JONES DIRECTOR 2.00
Director
$0 $0 $0
TIFFANY FREEZE DENTON VP CONSULTIN 40.00
Highest
$216,833 $0 $216,833
AMBER GARRISON DUNCAN EXEC VICE PR 40.00
Highest
$277,601 $0 $277,601
YEDID MINJARES DIRECTOR CON 40.00
Highest
$121,943 $0 $121,943
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 $4,293,828 $3,896,491 $3,226,163 $397,337
2022 $2,924,304 $2,778,478 $1,286,812 $145,826
2021 $908,922 $1,093,247 $1,058,455 $-184,325
2020 $1,088,888 $1,383,127 $924,453 $-294,239
2019 $1,124,241 $1,348,731 $1,228,210 $-224,490
2018 $557,484 $731,961 $1,434,042 $-174,477
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