New York, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CHILDRENS SCHOLARSHIP FUND, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $31.7M in total revenue in fiscal year 2024. The organization ran a surplus of $6.3M, a strong 20% operating margin.
The Children's Scholarship Fund (CSF) empowers families by providing children in need with scholarships, and by supporting expanded educational opportunities for all children.
In fiscal year 2025 nearly 30,290 children across the US benefited from scholarships awarded by CSF and its partner programs. These children, all of whom are from low-income families, are receiving...
In fiscal year 2025 nearly 30,290 children across the US benefited from scholarships awarded by CSF and its partner programs. These children, all of whom are from low-income families, are receiving the education desired by their families due to the generosity of our donors and the efforts of scholarship programs in 24 communities. Since its inception in 1998, nearly 217,430 children from low-income families have benefited from attending the private school of their choice with more than $1.155 billion in tuition assistance from CSF and its partner programs.
Program management and administration of New Hampshire Education Freedom (EFA) program: The EFA program provides students who are not enrolled full time in a New Hampshire public school and whose...
Program management and administration of New Hampshire Education Freedom (EFA) program: The EFA program provides students who are not enrolled full time in a New Hampshire public school and whose family earns 350% of the poverty line or below with a state grant to spend on eligible education related expenses. CSF administers the funding provided from the State of New Hampshire to each student account. Program staff verifies eligibility of students through the application process, reviews and approves payment of eligible education expenses, and approves educational providers. In addition, program staff provide outreach and support to NH families to inform them about the EFA program. During fiscal year 2025, CSF received approximately $28.7 million from the State of NH to fund over 5,800 EFAs.
Program management, outreach and support: CSF's program staff works with parents and schools to ensure the integrity and efficient management of the program. The program staff verifies eligibility...
Program management, outreach and support: CSF's program staff works with parents and schools to ensure the integrity and efficient management of the program. The program staff verifies eligibility and student attendance, disburses the tuition assistance payments to schools and annually requalifies returning students. The Children's Scholarship Fund maintains partnerships with local scholarship programs in communities around the country. In addition to providing matching grants to these organizations, the Children's Scholarship Fund also trains local program staff and has developed and maintains specialized software that is used to manage scholarship awards.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $31,727,311 | $29,582,645 | +0.1% |
| Expenses | $25,476,305 | $24,608,665 | +0.0% |
| Net Income | $6,251,006 | $4,973,980 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Darla M Romfo | President & CEO | 40 |
Officer
Director
|
$361,448 | $37,093 | $398,541 |
| Kathleen Doran | CFO | 40 |
Officer
|
$248,586 | $32,532 | $281,118 |
| Katie J Baker Demers | Executive Director New Hampshire Programs | 40 |
Key Emp
|
$194,862 | $25,805 | $220,667 |
| Michele Mitola | VP Strategic Planning & Development | 40 |
Key Emp
|
$207,287 | $11,281 | $218,568 |
| Elizabeth Toomey | Corporate Secretary | 40 |
Officer
|
$167,754 | $24,469 | $192,223 |
| Amy Popadick | Director of Strategic Partnerships | 40 |
Highest
|
$155,298 | $25,805 | $181,103 |
| Marie M Bathelmy | Director of Scholarship Operations | 40 |
Key Emp
|
$130,712 | $22,800 | $153,512 |
| Kelly D Belmonte | Director of Donor Engagement | 40 |
Highest
|
$107,875 | $6,199 | $114,074 |
| Matthew Bonanno | Co Chair | 2 |
Director
|
$0 | $0 | $0 |
| Margot McGinness | Co Chair | 2 |
Director
|
$0 | $0 | $0 |
| Jeffrey Chang | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Stephen Fraidin | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Christopher Halpin | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Xavier James | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| David E Johnson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Mike McCurry | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kevin Short resigned Sept 12 2024 | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Sandra Swirski | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Remy Trafelet | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Juan Williams | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $31,727,311 | $25,476,305 | $64,836,208 | $6,251,006 |
| 2024 | $29,582,645 | $24,608,665 | $55,709,040 | $4,973,980 |
| 2023 | $25,015,263 | $22,876,068 | $40,912,471 | $2,139,195 |
| 2022 | $24,710,520 | $23,317,744 | $36,136,002 | $1,392,776 |
| 2021 | $29,369,335 | $23,353,662 | $31,602,200 | $6,015,673 |
| 2020 | $27,592,882 | $24,509,577 | $25,476,794 | $3,083,305 |
Compare THE CHILDRENS SCHOLARSHIP FUND with other nonprofits in New York and across the country.