POSTSECONDARY COMMISSION (EIN 871031412) - 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

2021

Legal Domicile

Principal Officer

STIG LESCHLY

Phone

3392448914

Tax Period

2024-01-01 to 2024-12-31

POSTSECONDARY COMMISSION, founded in 2021, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $685K, a strong 22% operating margin.

Mission

THE POSTSECONDARY COMMISSION IS AN ACCREDITOR OF INSTITUTIONS OF HIGHER EDUCATION THAT PROVIDE STRONG ECONOMIC OUTCOMES TO THEIR STUDENTS. PSC IS SEEKING FEDERAL RECOGNITION FROM THE US DEPARTMENT OF EDUCATION TO BE A TITLE IV GATEKEEPING, INSTITUTIONAL ACCREDITOR.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,065,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,065,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,827,914

Fundraising Expenses $268,059

Program Expenses $1,677,154

Other Expenses $553,054

TOTAL EXPENSES $2,380,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,065,500	$4,075,290	-0.2%
Expenses	$2,380,968	$2,005,324	+0.2%
Net Income	$684,532	$2,069,966	-0.7%

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

Governance

Voting Members

Independent Members

Employees

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

$592,926

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH AKERS	COMMISSIONER	1.00	Director	$0	$0	$0
MARIA ANGUIANO	COMMISSIONER	1.00	Director	$0	$0	$0
JIM BLEW	COMMISSIONER	1.00	Director	$0	$0	$0
MARIA FLYNN	COMMISSIONER	1.00	Director	$0	$0	$0
TIM KNOWLES	COMMISSIONER	1.00	Director	$0	$0	$0
PAUL LEBLANC	COMMISSIONER	1.00	Director	$0	$0	$0
TED MITCHELL	COMMISSIONER	1.00	Director	$0	$0	$0
JAMES RUNCIE	COMMISSIONER	1.00	Director	$0	$0	$0
CASEY SACKS	COMMISSIONER	1.00	Director	$0	$0	$0
MARNI BAKER STEIN	COMMISSIONER	1.00	Director	$0	$0	$0
STIG LESCHLY	PRESIDENT	40.00	Officer	$300,000	$3,000	$303,000
CAROL RAVA	VICE PRESIDENT, OPERATIONS & EXTERNAL AFFAIRS	40.00	Officer	$260,778	$29,148	$289,926
LISA DAGGS	VICE PRESIDENT, STRATEGY & ADVANCEMENT	40.00	Highest	$261,029	$19,366	$280,395
JENNIFER DIRMEYER	VICE PRESIDENT, ACCREDITATION	40.00	Highest	$253,596	$18,555	$272,151
CHELSEA PENNUCCI	VICE PRESIDENT	40.00	Highest	$244,302	$18,697	$262,999
KATHLEEN MCCABE	MANAGER OF OPERATION	40.00	Highest	$110,226	$14,170	$124,396

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	$3,065,500	$2,380,968	$2,990,718	$684,532
2023	$4,075,290	$2,005,324	$2,306,186	$2,069,966
2022	$1,010,000	$489,359	$236,220	$520,641
2021	No data	$289,321	$965,004	No data

POSTSECONDARY COMMISSION