Business and Education Alliance

EIN: 851890934 501(c)(3) Education

Colorado Springs, CO

Total Revenue
$371,432
Total Expenses
$221,325
Total Assets
$154,902
Net Assets
$151,803
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Principal Officer
Theresa Klinitski
Phone
7196600947
Tax Period
2024-07-01 to 2025-06-30

Business and Education Alliance, founded in 2020, is a small nonprofit in the Education sector that reported $371K in total revenue in fiscal year 2024. The organization ran a surplus of $150K, a strong 40% operating margin.

Mission

Building sustainable bridges between education and industry to transform career exploration and development, creating thriving workforce pipelines for all students.

Program Service Accomplishments

Program 1
Expenses: $179,676 Revenue: $337,900

During the 2024-25 program year, BEA successfully convened the Colorado Career Advising Summit on February 25-26, 2025, in Colorado Springs,bringing together 474 Colorado stakeholders to advance...

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During the 2024-25 program year, BEA successfully convened the Colorado Career Advising Summit on February 25-26, 2025, in Colorado Springs,bringing together 474 Colorado stakeholders to advance career-connected learning statewide. Commissioned by the Colorado Department of Education, this free professional development conference served as a critical convening platform for diverse workforce development stakeholders, including K-12 career advisors, post-secondary counselors, employers across multiple industries, workforce development professionals, and talent development organizations. The summit facilitated strategic conversations, collaborative problem-solving, and professional development focused on strengthening the connections between education systems and workforce needs throughout Colorado. Through curated programming featuring industry experts, innovative practitioners, and evidence-based strategies, the conference equipped participants with actionable tools.

Program 2
Expenses: $5,989 Revenue: $23,825

During the 2024-25 program year, BEA provided design thinking consulting services to support career-connected learning initiatives in two Colorado school districts through three distinct projects...

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During the 2024-25 program year, BEA provided design thinking consulting services to support career-connected learning initiatives in two Colorado school districts through three distinct projects. These TAC consulting engagements applied proven methodologies to help school leaders develop tailored, sustainable approaches to career-connected learning. Through collaborative stakeholder engagement processes, BEA facilitated strategic planning that resulted in actionable frameworks for aligning education and industry partnerships within each districts unique context. The consulting work emphasized building organizational capacity, creating repeatable systems, and establishing structures that will continue to benefit students and educators beyond the initial project timeline. These partnerships demonstrate BEAs ability to translate best practices in workforce development into practical, community-specific solutions that can scale across diverse educational settings.

Program 3
Expenses: $2,543 Revenue: $9,594

During the 2024-25 program year, 410 high school students earned Professionalism101 certificates upon completing comprehensive soft skills training in workplace readiness and professional behavior...

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During the 2024-25 program year, 410 high school students earned Professionalism101 certificates upon completing comprehensive soft skills training in workplace readiness and professional behavior. BEAs innovative curriculum addresses the disconnect between education and workforce readiness through two complementary programs. Professionalism101 delivers essential soft skills training through self-paced, experiential learning that students apply in real-world contexts, building competencies in professional communication, teamwork, problem-solving, and workplace behaviors. The Postsecondary & Workforce Readiness program provides systematic career exploration, helping students discover their interests and aptitudes, investigate career opportunities, and develop clear pathways from high school through postsecondary education to employment. This comprehensive approach helps students understand the purpose behind their education, creates generational hope, and addresses

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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 (2024)

Revenue Breakdown

Contributions & Grants $325,250
Program Service Revenue $37,725
Investment Income $113
Other Revenue $8,344
TOTAL REVENUE $371,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $82,291
Fundraising Expenses $9,967
Program Expenses $190,638
Other Expenses $139,034
TOTAL EXPENSES $221,325

Year-over-Year Comparison

2024 2023 Change
Revenue $371,432 N/A N/A
Expenses $221,325 N/A N/A
Net Income $150,107 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
2
Volunteers
14

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
$72,000
Total Directors
5
$72,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Klinitski Executive Director & Founder 40.00
Officer Director
$72,000 $0 $72,000
Bob Gemingnani President & Co-Treasurer 2.00
Officer Director
$0 $0 $0
Stacey Burns Vice President & Co-Treasurer 2.00
Officer Director
$0 $0 $0
Abbie Kohlman Vice President & Secretary 2.00
Officer Director
$0 $0 $0
Scott Laband Vice President 2.00
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
2025 $371,432 $221,325 $154,902 $150,107
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