CROSBY SCHOLARS COMMUNITY PARTNERSHIP (EIN 311523230) - 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

1997

Legal Domicile

Principal Officer

MONA LOVETT

Phone

3367255371

Tax Period

2024-07-01 to 2025-06-30

CROSBY SCHOLARS COMMUNITY PARTNERSHIP, founded in 1997, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $4.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

PREPARE PUBLIC SCHOOL STUDENTS IN FORSYTH COUNTY FOR SUCCESSFUL COLLEGE ENROLLMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,065,163

Program Service Revenue $2,030,604

Investment Income $124,939

Other Revenue $238,201

TOTAL REVENUE $3,458,907

Expense Breakdown

Grants Paid $1,116,245

Salaries & Benefits $1,997,346

Fundraising Expenses $219,100

Program Expenses $3,330,170

Other Expenses $859,405

TOTAL EXPENSES $3,972,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,458,907	$3,913,641	-0.1%
Expenses	$3,972,996	$3,507,169	+0.1%
Net Income	$-514,089	$406,472	-2.3%

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

150

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

$161,806

Total Directors

$161,806

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONA LOVETT	EXECUTIVE DI	40.00	Officer Director	$138,990	$22,816	$161,806
TIFFANY PARMS	DIRECTOR	1.00	Director	$0	$0	$0
SELENA MCLAUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
TAMISHA HOLLAND CLARK	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TRICIA MCMANUS	DIRECTOR	1.00	Director	$0	$0	$0
DON GELETKO	DIRECTOR	1.00	Director	$0	$0	$0
MARQUIS BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
TONY ROMEO	DIRECTOR	1.00	Director	$0	$0	$0
CHAD BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ANNAMARIE D'SOUZA	DIRECTOR	1.00	Director	$0	$0	$0
FRANK INGRAM	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP PETROS	DIRECTOR	1.00	Director	$0	$0	$0
JEREMIAH SHIPP	DIRECTOR	1.00	Director	$0	$0	$0
LATIDA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PISCETELLI	DIRECTOR	1.00	Director	$0	$0	$0
PRESTON ROSEBORO	DIRECTOR	1.00	Director	$0	$0	$0
KIZZY LEA	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE DUCOUER	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE JENSEN-NOLL	CHAIR	1.00	Officer Director	$0	$0	$0
CHRIS FOX BEG MAR 2025	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOYCE CARSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ANNE WESTBROOK	TREASURER	1.00	Officer Director	$0	$0	$0
GINGER SALT	IMMEDIATE PA	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	$3,458,907	$3,972,996	$8,825,082	$-514,089
2024	$3,913,641	$3,507,169	$8,160,391	$406,472
2023	$4,732,064	$3,225,693	$7,483,379	$1,506,371
2022	$3,974,703	$2,882,378	$5,853,564	$1,092,325
2021	$4,843,303	$2,882,542	$4,876,190	$1,960,761

CROSBY SCHOLARS COMMUNITY PARTNERSHIP