EFFECTIVE MANAGEMENT ASSOCIATION CORP

EIN: 831335878 501(c)(3) Education

Deer Park, IL

Total Revenue
$146,424
Total Expenses
$149,063
Total Assets
$459
Net Assets
$459
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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
Robert Spaulding
Phone
8474210252
Tax Period
2023-01-01 to 2023-12-31

EFFECTIVE MANAGEMENT ASSOCIATION CORP, founded in 2017, is a small nonprofit in the Education sector that reported $146K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring.

Mission

The Effective Management Association's mission is to unite and educate small business owners and employees through online and in-office training programs, using proven and workable methods, to grow their businesses consistently and successfully.

Program Service Accomplishments

Program 1
Expenses: $149,063 Revenue: $146,424

Online training courses and apprenticeship/on-boarding services for more than 750 small businesses and employees. These include creating new online courses and training platforms, upkeep of existing...

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Online training courses and apprenticeship/on-boarding services for more than 750 small businesses and employees. These include creating new online courses and training platforms, upkeep of existing online courses, and training platforms, supervision of these courses, technical support, hosting support, student administration and e-learning guidance.

Program 2
Expenses: $0 Revenue: $0

Free seminar and webinar programs, covering topics such as healthcare, sales and marketing, hiring and retaining personnel, organization management, financial systems, interoffice relationships, etc.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $146,424
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,443
Fundraising Expenses $0
Program Expenses $149,063
Other Expenses $51,620
TOTAL EXPENSES $149,063

Year-over-Year Comparison

2023 2022 Change
Revenue $146,424 $222,047 -0.3%
Expenses $149,063 $223,656 -0.3%
Net Income $-2,639 $-1,609 +0.6%
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
2
Independent Members
2
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary McCrink past board member 40
$59,255 $0 $59,255
Robert Spaulding Officer 2
Officer Director
$0 $0 $0
Roberto Banke President 1
Officer 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
2023 $146,424 $149,063 $459 $-2,639
2022 $222,047 $223,656 $3,098 $-1,609
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