Arete Scholars Fund Inc (EIN 272494520) - 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

2010

Legal Domicile

Principal Officer

Arthur Dupre

Phone

4044557262

Tax Period

2023-07-01 to 2024-06-30

Arete Scholars Fund Inc, founded in 2010, is a community nonprofit in the Education sector that reported $6.2M in total revenue in fiscal year 2023. Expenses of $6.0M left a modest 4% surplus.

Mission

To assist low-income students in reaching their highest potential through educational opportunity.

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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 $5,854,503

Program Service Revenue $64,702

Investment Income $284,645

Other Revenue $0

TOTAL REVENUE $6,203,850

Expense Breakdown

Grants Paid $5,331,353

Salaries & Benefits $442,202

Fundraising Expenses $128,375

Program Expenses $5,663,525

Other Expenses $196,438

TOTAL EXPENSES $5,969,993

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,203,850	$6,176,961	+0.0%
Expenses	$5,969,993	$5,500,936	+0.1%
Net Income	$233,857	$676,025	-0.7%

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

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

$329,771

Total Directors

$329,771

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Arthur Dupre	President	40.00	Officer Director	$296,979	$32,792	$329,771
Derek Monjure	Board Member	1.00	Officer Director	$0	$0	$0
Gregory Beadles	Board Chairman	1.00	Officer Director	$0	$0	$0
James Smith	Secretary	1.00	Officer 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	$6,203,850	$5,969,993	$10,897,213	$233,857
2024	$6,203,850	$5,969,993	$10,897,213	$233,857
2023	$6,176,961	$5,500,936	$10,292,233	$676,025
2022	$5,894,748	$4,728,675	$9,628,160	$1,166,073
2021	$4,355,145	$4,538,562	$8,445,771	$-183,417
2020	$4,599,543	$4,085,589	$8,687,569	$513,954
2019	$4,243,343	$4,246,243	$8,122,000	$-2,900
2018	$4,174,109	$4,258,885	$8,117,418	$-84,776

Arete Scholars Fund Inc