Partnership Scholars Program

EIN: 030433957 501(c)(3)

Chicago, IL

Total Revenue
$20,164
Total Expenses
$518,568
Total Assets
N/A
Net Assets
N/A
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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
CA
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

Partnership Scholars Program's mission is to provide six years of educational & cultural experiences to academically motivated, but economically disadvantaged students, starting in the 7th grade, to promote college access and a lifetime of success. We provide students with caring adult mentors, educational and cultural enrichment and college-access guidance and support throughout their middle and high school years. Partnership Scholars serves motivated students in under-resourced communities of Lennox and El Monte in Los Angeles County.

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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 $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

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
16

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
4
$120,433
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
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
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