Partnership Scholars Program

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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

2002

Legal Domicile

Principal Officer

Aisha Hatch

Phone

9517908313

Tax Period

2024-09-01 to 2025-08-31

Partnership Scholars Program, founded in 2002, is a micro nonprofit that reported $20K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $519K exceeded revenue, resulting in a 2472% operating deficit.

Mission

Our services include mentoring, educational & cultural enrichment activities, and college access guidance. Partnership Scholars Program offers students the skills, knowledge and support they need to prepare for, enter, and graduate from college. Students graduate from our Scholars Program in possession of the knowledge and skills they need to achieve success in college, career and life - and to build the future they dream of.

Program Service Accomplishments

Program 1

Expenses: $392,359

Partnership Scholars Program serves students from two different communities in southern California. We offer students the skills, knowledge and support they need to prepare for, enter, and graduate from college. Our services include mentoring; educational and cultural enrichment activities; and college access guidance. Specifically, we pair students with highly qualified mentors, who build positive & sustained relationships with students, and interact regularly with them, communicating about school, college and life. We provide students with a host of enrichment activities - college visits, educational field trips and more - to bridge the opportunity divide, expand students' horizons and broaden their worldview. The experiences we provide further support students' entry (Continuation Schedule O)into and graduation from college. We help to level the academic playing field by ensuring students enroll in SAT & ACT test-preparation classes and in academically rigorous courses. We help participants obtain any necessary academic tutoring as well as provide them with educational materials and supplies, as needed. We also provide college-access guidance to students, helping them navigate the college-preparation and admission process. We ensure they are well versed in the "A-G" college entrance requirements and help them create a college-admission plan. Partnership Scholars Program guides students through the financial-aid process, helping them complete their financial-aid application, and obtain grants, scholarships, work-study and loans needed to cover college-cost. During our alumni's first year of college, PSP provides scholarship support to cover costs of college like textbooks, meal plans, school fees and the ability to do recreational activities.

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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 $19,458

Program Service Revenue $0

Investment Income $8

Other Revenue $698

TOTAL REVENUE $20,164

Expense Breakdown

Grants Paid $22,456

Salaries & Benefits $257,009

Fundraising Expenses $23,699

Program Expenses $392,359

Other Expenses $239,103

TOTAL EXPENSES $518,568

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,164	$71,307	-0.7%
Expenses	$518,568	$384,028	+0.4%
Net Income	$-498,404	$-312,721	+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

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

$120,433

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terryl Martin	Chair	3.00	Officer Director	$0	$0	$0
Gretchen Ondrozeck	Treasurer	2.00	Officer Director	$0	$0	$0
Aisha Hauser	Secretary	2.00	Officer Director	$0	$0	$0
Meg Sanchez	Past Chair	2.00	Director	$0	$0	$0
Benjamin Friedman	Trustee	2.00	Director	$0	$0	$0
Cathy Rodriguez	Trustee	2.00	Director	$0	$0	$0
Lisa Ruben	Executive Director	40.00	Officer	$110,317	$10,116	$120,433

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	$20,164	$518,568	No data	$-498,404
2024	$71,307	$384,028	$524,481	$-312,721
2023	$83,932	$421,094	$849,873	$-337,162
2022	$154,804	$440,334	$1,191,400	$-285,530
2021	$417,303	$381,694	$1,472,404	$35,609
2020	$241,823	$450,716	$1,442,902	$-208,893
2019	$313,381	$559,155	$1,655,770	$-245,774
2018	$424,069	$631,089	$1,915,434	$-207,020