PENNSYLVANIA'S STATE SYSTEM OF HIGHER EDUCATION FOUNDATION (EIN 222686249) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

SCHERER SHELLEY

Phone

7177204056

Tax Period

2023-07-01 to 2024-06-30

PENNSYLVANIA'S STATE SYSTEM OF HIGHER EDUCATION FOUNDATION, founded in 1985, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $917K, a strong 26% operating margin.

Mission

TO SUPPORT THE EDUCATIONAL MISSION AND ACTIVITIES OF PENNSYLVANIA'S STATE SYSTEM OF HIGHER EDUCATION BY GENERATING PRIVATE SECTOR SUPPORT AND ENGAGING IN OTHER ACTIVITIES TO ADVANCE THE SYSTEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,897,632

Program Service Revenue $214,517

Investment Income $448,360

Other Revenue $0

TOTAL REVENUE $3,560,509

Expense Breakdown

Grants Paid $1,583,290

Salaries & Benefits $494,492

Fundraising Expenses $159,033

Program Expenses $2,123,388

Other Expenses $565,619

TOTAL EXPENSES $2,643,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,560,509	$2,493,469	+0.4%
Expenses	$2,643,401	$1,798,477	+0.5%
Net Income	$917,108	$694,992	+0.3%

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

$113,444

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERR DAVID S	CHAIR	5.00	Officer Director	$0	$0	$0
STECK MATTHEW J	VICE CHAIR	5.00	Officer Director	$0	$0	$0
COOK ASHLEY	SECRETARY	5.00	Officer Director	$0	$0	$0
D'ANGELO GAIL M	TREASURER	5.00	Officer Director	$0	$0	$0
SKOTEDIS CRYSTAL	ASSISTANT TR	5.00	Officer Director	$0	$0	$0
ALEXANDER MARIAN C	DIRECTOR	1.00	Director	$0	$0	$0
PEREZ-BRANTLEY DAVID	DIRECTOR	1.00	Director	$0	$0	$0
BRIGHT JINAKI Z	DIRECTOR	1.00	Director	$0	$0	$0
FRISBY-GREENWOOD DONNA	DIRECTOR	1.00	Director	$0	$0	$0
HADDOCK JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
HELMER ANDREW	DIRECTOR	1.00	Director	$0	$0	$0
JONES ANDREA	DIRECTOR	1.00	Director	$0	$0	$0
LYNCH BLAKE	DIRECTOR	1.00	Director	$0	$0	$0
MILLER LYNN	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR DAVID N	DIRECTOR	1.00	Director	$0	$0	$0
TOPOLESKI LINDA	DIRECTOR	1.00	Director	$0	$0	$0
TROXELL WYATT	DIRECTOR	1.00	Director	$0	$0	$0
VARANO MICHAEL	DIRECTOR	1.00	Director	$0	$0	$0
SCHERER SHELLEY	PRESIDENT &	40.00	Officer	$95,192	$18,252	$113,444

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	$3,560,509	$2,643,401	$11,316,664	$917,108
2023	$2,493,469	$1,798,477	$10,933,847	$694,992
2022	$1,622,868	$1,368,716	$4,629,518	$254,152
2021	$1,270,660	$1,151,699	$4,375,366	$118,961
2020	$1,555,274	$1,107,463	$4,256,405	$447,811
2019	$1,244,412	$1,314,364	$3,808,594	$-69,952

PENNSYLVANIA'S STATE SYSTEM OF HIGHER EDUCATION FOUNDATION