ADULT EDUCATIONAL TECHNOLOGIES INC

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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

1977

Legal Domicile

Principal Officer

WENDELL JAMES

Phone

5106381750

Tax Period

2023-01-01 to 2023-12-31

ADULT EDUCATIONAL TECHNOLOGIES INC, founded in 1977, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 13% surplus.

Mission

TO TEACH FUNCTIONAL LIFE SKILLS AND PROVIDE SKILL DEVELOPMENT ENHANCEMENT TO DEVELOPMENTALLY DISABLE CHILDREN AND ADULTS.

Program Service Accomplishments

Program 1

Expenses: $1,915,002 Revenue: $2,501,086

TO TEACH FUNCTIONAL LIFE SKILLS AND PROVIDE SKILL DEVELOPMENT ENHANCEMENT TO DEVELOPMENTALLY DISABLE CHILDREN AND ADULTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,492,026

Investment Income $211

Other Revenue $8,849

TOTAL REVENUE $2,501,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $884,654

Fundraising Expenses $0

Program Expenses $1,915,002

Other Expenses $1,301,799

TOTAL EXPENSES $2,186,453

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,501,086	$2,208,200	+0.1%
Expenses	$2,186,453	$1,975,767	+0.1%
Net Income	$314,633	$232,433	+0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAYELLE MCLEOD	PRESIDENT & CEO	N/A	Officer	$0	$0	$0
ETHEL ROBINSON	CFO	N/A	Officer	$0	$0	$0
CHRISTOPHER SIBLEY	SECRETARY	N/A	Officer	$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
2024	No data	No data	No data	No data
2023	$2,501,086	$2,186,453	$298,401	$314,633
2022	$2,208,200	$1,975,767	$256,603	$232,433
2021	$2,414,794	$2,101,023	$555,492	$313,771
2020	$1,828,345	$1,635,260	$540,643	$193,085
2018	$1,606,870	$1,692,713	$373,695	$-85,843