INSTITUTE FOR CITIZENS AND SCHOLARS

EIN: 210703075 501(c)(3)

PRINCETON, NJ

Total Revenue
$6,848,256
Total Expenses
$10,546,636
Total Assets
$11,247,713
Net Assets
$8,068,161
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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
1957
Legal Domicile
NJ
Principal Officer
RAJIV VINNAKOTA
Phone
6094527007
Tax Period
2023-07-01 to 2024-06-30

INSTITUTE FOR CITIZENS AND SCHOLARS, founded in 1957, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Expenses of $10.5M exceeded revenue, resulting in a 54% operating deficit.

Mission

DEDICATED TO THE ENCOURAGEMENT OF EXCELLENCE IN EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,903,957
Program Service Revenue $673,570
Investment Income $270,729
Other Revenue $0
TOTAL REVENUE $6,848,256

Expense Breakdown

Grants Paid $2,590,562
Salaries & Benefits $4,800,575
Fundraising Expenses $1,292,535
Program Expenses $8,331,670
Other Expenses $3,155,499
TOTAL EXPENSES $10,546,636

Year-over-Year Comparison

2023 2022 Change
Revenue $6,848,256 $6,811,596 +0.0%
Expenses $10,546,636 $11,141,523 -0.1%
Net Income $-3,698,380 $-4,329,927 -0.1%
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
16
Independent Members
15
Employees
33
Volunteers
15

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
8
$1,415,516
Total Directors
18
$549,775
Key Employees
6
$1,320,332
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAJIV VINNAKOTA PRESIDENT 40.0
Officer Director
$478,223 $71,552 $549,775
BEVERLY SANFORD Executive Vice President/Chie 40.0
Officer
$285,961 $40,281 $326,242
STEVEN HADDAD CHEIF DEVELOPMENT OFFICER 40.0
Officer
$245,189 $51,965 $297,154
SUSANNA CRAFTON MANAGING DIRECTOR, DEVELOPMENT 40.0
Key Emp
$240,754 $45,325 $286,079
BERNARD LARYEA Chief Technology Officer 40.0
Officer
$219,545 $22,800 $242,345
Audra Watson Chief of Youth Civic Programs 40.0
Key Emp
$207,033 $31,102 $238,135
James Geneske Chief Communications and Enga 40.0
Key Emp
$182,723 $34,241 $216,964
Jannett Cordoves Senior Program Director, Coll 40.0
Key Emp
$179,111 $21,752 $200,863
Jessica Sutter Chief of Civic Learning Initi 40.0
Key Emp
$176,968 $23,660 $200,628
JAMIE BERG WRIGHT Senior Finance Director 40.0
Key Emp
$154,150 $23,513 $177,663
William Murray Senior Director of Development 40.0
Highest
$131,828 $24,043 $155,871
JANE FORAN OPERATIONS MANAGER 40.0
Highest
$129,689 $14,639 $144,328
INDIRA LAR-MOORE Chief People Officer 40.0
Highest
$116,725 $13,271 $129,996
JANE PHILLIPS DONALDSON BOARD CHAIR (UNTIL 06/09/23) 0.0
Officer Director
$0 $0 $0
RHIAN EVANS ALLVIN TRUSTEE 0.0
Director
$0 $0 $0
JEFFREY A GOLDSTEIN VICE CHAIR (AS OF 2/8/23) 0.0
Officer Director
$0 $0 $0
ROBERT F JOHNSTON VICE CHAIR (THRU 2/8/23) 0.0
Officer Director
$0 $0 $0
JOHN KATZMAN TRUSTEE 0.0
Director
$0 $0 $0
WILLIAM W KEATING TRUSTEE 0.0
Director
$0 $0 $0
HOLLY KUZMICH TRUSTEE 0.0
Director
$0 $0 $0
GLEN LEWY TRUSTEE 0.0
Director
$0 $0 $0
STEFANIE SANFORD BOARD CHAIR (EFF. 06/09/23) 0.0
Officer Director
$0 $0 $0
DAVID N SHANE TRUSTEE 0.0
Director
$0 $0 $0
KIM SMITH TRUSTEE 0.0
Director
$0 $0 $0
JAY P URWITZ TRUSTEE 0.0
Director
$0 $0 $0
MARK WALSH TRUSTEE 0.0
Director
$0 $0 $0
KENT MCGUIRE TRUSTEE (AS OF 10/12/22) 0.0
Director
$0 $0 $0
CARLOS SANTIAGO TRUSTEE (AS OF 07/01/23) 1.0
Director
$0 $0 $0
CARYL STERN TRUSTEE (AS OF 02/08/24) 1.0
Director
$0 $0 $0
PETER KIRSCH TRUSTEE (AS OF 02/08/24) 1.0
Director
$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 No data No data No data No data
2024 $6,848,256 $10,546,636 $11,247,713 $-3,698,380
2023 $6,811,596 $11,141,523 $14,617,998 $-4,329,927
2022 $10,248,308 $9,447,055 $17,317,706 $801,253
2021 $4,721,239 $10,291,375 $19,002,536 $-5,570,136
2019 $8,898,753 $16,642,695 $28,655,791 $-7,743,942
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