HORACE GREELEY SCHOLARSHIP FUND

EIN: 136175844 501(c)(3) Education

CHAPPAQUA, NY

Total Revenue
$503,448
Total Expenses
$579,864
Total Assets
$1,196,102
Net Assets
$1,196,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
NY
Principal Officer
LISA BEHRMAN
Phone
9172088004
Tax Period
2024-07-01 to 2025-06-30

HORACE GREELEY SCHOLARSHIP FUND, founded in 1965, is a small nonprofit in the Education sector that reported $503K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $580K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE GRANTS TO COLLEGE STUDENTS TO DEFRAY TUITION COSTS.

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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 $477,258
Program Service Revenue $0
Investment Income $26,190
Other Revenue $0
TOTAL REVENUE $503,448

Expense Breakdown

Grants Paid $451,200
Salaries & Benefits $0
Fundraising Expenses $96,696
Program Expenses $465,428
Other Expenses $128,664
TOTAL EXPENSES $579,864

Year-over-Year Comparison

2024 2023 Change
Revenue $503,448 $529,966 -0.1%
Expenses $579,864 $568,733 +0.0%
Net Income $-76,416 $-38,767 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
30
Independent Members
30
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA BEHRMAN PRESIDENT 0.00
Officer Director
$0 $0 $0
VANESSA GONZALEZ COLACO TREASURER 0.00
Officer Director
$0 $0 $0
N/A FACULTY REP 0.00
$0 $0 $0
N/A SECRETARY 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A DIRECTOR 0.00
$0 $0 $0
N/A SCHOOL BOARD REP 0.00
$0 $0 $0
N/A SCHOOL BOARD REP 0.00
$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
2025 $503,448 $579,864 $1,196,102 $-76,416
2024 $529,966 $568,733 $1,240,722 $-38,767
2023 $496,078 $461,585 $1,245,901 $34,493
2022 $435,923 $517,617 $1,196,942 $-81,694
2021 $662,570 $295,579 $1,331,596 $366,991
2020 $341,701 $331,956 $916,871 $9,745
2019 $458,261 $344,167 $886,094 $114,094
2018 $339,445 $302,185 $772,000 $37,260
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