SCHOLARSHIP AMERICA INC (EIN 237039405) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

MICHAEL NYLUND

Phone

9528307396

Tax Period

2024-01-01 to 2024-12-31

SCHOLARSHIP AMERICA INC, founded in 1961, is a mid-sized nonprofit in the Education sector that reported $42.8M in total revenue in fiscal year 2024. The organization ran a surplus of $13.4M, a strong 31% operating margin.

Mission

THE MISSION OF SCHOLARSHIP AMERICA IS TO ELIMINATE BARRIERS TO EDUCATIONAL SUCCESS SO THAT ANY STUDENT CAN PURSUE THEIR DREAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,859,977

Program Service Revenue $0

Investment Income $12,441,084

Other Revenue $2,457,577

TOTAL REVENUE $42,758,638

Expense Breakdown

Grants Paid $25,753,219

Salaries & Benefits $0

Fundraising Expenses $435,431

Program Expenses $26,316,796

Other Expenses $3,553,333

TOTAL EXPENSES $29,330,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,758,638	$40,074,677	+0.1%
Expenses	$29,330,151	$27,906,725	+0.1%
Net Income	$13,428,487	$12,167,952	+0.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

3739

Independent Members

3317

Employees

Volunteers

9500

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEE	SCHEDULE O	0.00	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
2024	$42,758,638	$29,330,151	$277,252,707	$13,428,487
2023	$40,074,677	$27,906,725	$253,059,625	$12,167,952
2022	$29,151,786	$25,702,075	$229,703,495	$3,449,711
2021	$45,248,225	$25,700,308	$246,361,861	$19,547,917
2020	$29,933,482	$23,114,305	$219,130,905	$6,819,177
2019	$34,220,842	$22,499,331	$206,987,645	$11,721,511
2018	$28,182,470	$22,011,358	$184,732,604	$6,171,112

SCHOLARSHIP AMERICA INC