Applied Scholastics International (EIN 237250829) - 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

1972

Legal Domicile

Principal Officer

Christine Gerson

Phone

3143556355

Tax Period

2023-01-01 to 2023-12-31

Applied Scholastics International, founded in 1972, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2023.

Mission

To improve and revitalize the field of education by instructing students and teachers in the proper method of studying using Study Technology developed by educator and humanitarian L. Ron Hubbard.

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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 $11,101

Program Service Revenue $2,592,623

Investment Income $275

Other Revenue $0

TOTAL REVENUE $2,603,999

Expense Breakdown

Grants Paid $152,254

Salaries & Benefits $686,225

Fundraising Expenses $47,003

Program Expenses $2,333,297

Other Expenses $1,733,414

TOTAL EXPENSES $2,571,893

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,603,999	$2,445,922	+0.1%
Expenses	$2,571,893	$2,807,038	-0.1%
Net Income	$32,106	$-361,116	-1.1%

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

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

$121,976

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rubina Qureshi	Director	0.50	Director	$0	$0	$0
Shannon Walker	Director, Secretary	0.50	Officer Director	$0	$0	$0
Donna Garrett	Director	0.50	Director	$0	$0	$0
Bernie Radburn	Director	0.50	Director	$0	$0	$0
Gloria Idda	Trustee	0.00	Director	$0	$0	$0
Timothy Lomas	Trustee	0.00	Director	$0	$0	$0
Danielle Blasco	Trustee	0.00	Director	$0	$0	$0
Brian Weinberg	Director	0.50	Director	$0	$0	$0
Craig Burton	Treasurer	55.00	Officer	$51,658	$0	$51,658
Christine Gerson	President	55.00	Officer	$70,318	$0	$70,318

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	No data	No data	No data	No data
2023	$2,603,999	$2,571,893	$662,142	$32,106
2022	$2,445,922	$2,807,038	$672,923	$-361,116
2021	$2,944,839	$2,614,324	$861,141	$330,515
2020	$2,895,630	$2,919,106	$801,967	$-23,476

Applied Scholastics International