ALLIANCE FOR CHOICE IN EDUCATION

EIN: 841531066 501(c)(3) Education

GREENWOOD VILLAGE, CO

Total Revenue
$59,484,336
Total Expenses
$58,143,149
Total Assets
$87,152,979
Net Assets
$86,157,120
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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
2000
Legal Domicile
CO
Principal Officer
NORTON RAINEY
Phone
3035731603
Tax Period
2023-07-01 to 2024-06-30

ALLIANCE FOR CHOICE IN EDUCATION, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $59.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE LOWER-INCOME FAMILIES WITH THE POWER OF EDUCATION CHOICE.

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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 $55,315,868
Program Service Revenue $1,000,000
Investment Income $2,772,830
Other Revenue $395,638
TOTAL REVENUE $59,484,336

Expense Breakdown

Grants Paid $42,319,439
Salaries & Benefits $7,353,522
Fundraising Expenses $4,811,739
Program Expenses $51,376,880
Other Expenses $8,470,188
TOTAL EXPENSES $58,143,149

Year-over-Year Comparison

2023 2022 Change
Revenue $59,484,336 $54,763,355 +0.1%
Expenses $58,143,149 $41,127,193 +0.4%
Net Income $1,341,187 $13,636,162 -0.9%
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
11
Independent Members
11
Employees
46
Volunteers
60

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
7
$1,356,057
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE SMITH CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT MCLEAN TREASURER 1.00
Officer Director
$0 $0 $0
LISA WALSH VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
NATASHA HARRIS DIRECTOR 1.00
Director
$0 $0 $0
ERIC KOEPLIN DIRECTOR 1.00
Director
$0 $0 $0
MATT TURNER SECRETARY 1.00
Officer Director
$0 $0 $0
MIKE WARD DIRECTOR 1.00
Director
$0 $0 $0
BERT WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
LIZ WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
RICK SCHMITZ DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH FLORA DIRECTOR 1.00
Director
$0 $0 $0
NORTON RAINEY CEO 60.00
Officer
$596,392 $36,444 $632,836
JASON DIFRAIA 82022 PRESIDENT 55.00
Officer
$484,213 $34,419 $518,632
MIKE PRITCHARD CHIEF FINANCIAL OFFICER 50.00
Officer
$184,688 $19,901 $204,589
MELISSA LANDRY PRESIDENT, LOUISIANA 45.00
Highest
$226,225 $11,265 $237,490
ERIK BILLINGER WESTERN REGIONAL PRESIDENT 45.00
Highest
$260,807 $33,967 $294,774
BRITTANI O'BRIEN VP OF DEVELOPMENT, CO 45.00
Highest
$180,047 $17,023 $197,070
MIKE COLEMAN CHIEF PROGRAM OFFICER 45.00
Highest
$221,704 $20,434 $242,138
ROGER PATTINSON CHIEF DEVELOPMENT OFFICER 45.00
Highest
$234,175 $14,093 $248,268
KAREN FARRAND FORMER CHIEF FINANCIAL OFFICER 50.00
$190,786 $5,437 $196,223
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 $59,484,336 $58,143,149 $87,152,979 $1,341,187
2023 $54,763,355 $41,127,193 $86,558,830 $13,636,162
2021 $34,038,450 $27,320,020 $60,249,872 $6,718,430
2020 $37,731,548 $24,398,808 $54,754,743 $13,332,740
2019 $30,925,903 $26,182,774 $42,275,327 $4,743,129
2018 $38,655,408 $30,724,004 $36,767,087 $7,931,404
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