SCHOLARSHOT

🔒

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

2009

Legal Domicile

Principal Officer

DAN HOOPER

Phone

2145404332

Tax Period

2024-01-01 to 2024-12-31

SCHOLARSHOT, founded in 2009, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024.

Mission

SUPPORTS FIRST-GENERATION STUDENTS IN ACHIEVING CAREER-READY CERTIFICATES OR DEGREES TO STRENGTHEN THE TEXAS WORKFORCE AND IMPROVE INSTITUTIONAL OUTCOMES.

Program Service Accomplishments

Program 1

Expenses: $1,381,963

OUR SCHOLAR PROGRAM HAS A 90% DEGREE COMPLETION RATE AND PROVIDES FUNDING, ONE-ON-ONE ACADEMIC AND EMOTIONAL SUPPORT TO LOW-INCOME, FIRST-GENERATION STUDENTS. THE KEY TO OUR HIGH SUCCESS RATE IS THE ROLE OF OUR ACADEMIC MANAGERS. THEY ASSIST WITH DEGREE PLANNING, BUDGETING AND PROVIDE PERSISTENT HANDS=ON GUIDANCE AND EMOTIONAL SUPPORT.WE HAVE LEVERAGED THE DATA WE HAVE GLEANED FROM THE SCHOLAR PROGRAM TO CREATE BEST PRACTICES THAT WE HAVE SHARED WITH COLLEGES AND UNIVERSITIES THROUGH OUR UNIVERSITY REPORT CARD. PUBLISHED ANNUALLY FROM 2020, THE REPORT CARD MEASURES AND CHALLENGES HOW UNIVERSITIES ENGAGE AND SUPPORT FIRST-GENERATION, LOW-INCOME STUDENTS.THE GAPAPP IS A FREE MOBILE TOOL WHERE TEXAS STUDENTS COMPLETE THEIR PROFILE TO FIND THEIR BEST OPTIONS AFTER HIGH SCHOOL. STUDENTS WITH NO POST-DIPLOMA PLANS ARE REFERRED TO 3 LOCAL COMMUNITY COLLEGE GAMPUSES TO EARN AT LEAST A VOCATIONAL CERTIFICATE. STUDENTS MAKING COLLEGE PLANS ARE SHOWN THEIR BEST SCHOOL MATCHES BASED ON THEIR FINANCIAL AND ACADEMIC ASSETS.TO BETTER PREPARE HIGH SCHOOLERS WE HAVE LAUNCHED MAPPING YOUR FUTURE, A COMPREHENSIVE CURRICULUM. DESIGNED BY EDUCATION EXPERTS, THE CURRICULUM COMBINES COLLEGE AND CAREER EXPLORATION WITH FINANCIAL LITERACY LEADING TO A GREATER UNDERSTANDING OF A STUDENT'S PATH AFTER HIGH SCHOOL.

🔒

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 $1,454,197

Program Service Revenue $0

Investment Income $1,616

Other Revenue $0

TOTAL REVENUE $1,455,813

Expense Breakdown

Grants Paid $516,296

Salaries & Benefits $727,903

Fundraising Expenses $85,574

Program Expenses $1,381,963

Other Expenses $341,902

TOTAL EXPENSES $1,586,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,455,813	$1,472,058	0.0%
Expenses	$1,586,101	$1,512,129	+0.0%
Net Income	$-130,288	$-40,071	+2.3%

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

Independent Members

Employees

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

$167,500

Total Directors