SOL PRICE RETAILINGSERVICE SCHOLARSHIP PROGRAM

EIN: 330191784 501(c)(3)

SAN DIEGO, CA

Total Revenue
$124
Total Expenses
$93,784
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CA
Principal Officer
ANN BOSSLER
Phone
6192352300
Tax Period
2020-07-01 to 2021-06-30

SOL PRICE RETAILINGSERVICE SCHOLARSHIP PROGRAM, founded in 1986, is a micro nonprofit that reported $124 in total revenue in fiscal year 2020. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $94K exceeded revenue, resulting in a 75532% operating deficit.

Mission

THE SOL PRICE RETAILING/SERVICE SCHOLARSHIP PROVIDES FINANCIAL AND ACADEMIC ASSISTANCE TO STUDENTS FROM SAN DIEGO TO COMPLETE AN ASSOCIATE DEGREE WHILE GAINING VALUABLE EXPERIENCE THROUGH STRUCTURED COMMUNITY SERVICE ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $85,162 Revenue: $0

THE SOL PRICE RETAILING/SERVICE SCHOLARSHIP PROGRAM BENEFITS THE SAN DIEGO COMMUNITY BY GIVING EDUCATIONAL OPPORTUNITIES TO STUDENTS ATTENDING CITY COLLEGE, THUS FURTHERING THE MISSION OF THE SAN...

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THE SOL PRICE RETAILING/SERVICE SCHOLARSHIP PROGRAM BENEFITS THE SAN DIEGO COMMUNITY BY GIVING EDUCATIONAL OPPORTUNITIES TO STUDENTS ATTENDING CITY COLLEGE, THUS FURTHERING THE MISSION OF THE SAN DIEGO FOUNDATION.PRICE SCHOLARS RECEIVE ASSISTANCE TO FULFILL THEIR EDUCATIONAL GOALS. SUCH ASSISTANCE INCLUDES FINANCIAL ASSISTANCE, ACADEMIC ASSISTANCE, AND INDIVIDUAL COUNSELING. IN EXCHANGE FOR THIS ASSISTANCE, PRICE SCHOLARS ARE REQUIRED TO PERFORM 200 TO 300 HOURS OF COMMUNITY SERVICE OR INTERNSHIPS IN THE COMMUNITY EACH YEAR THEY ARE ENROLLED IN THE PROGRAM.THE PRICE SCHOLARSHIP PROGRAM HELPS PREPARE STUDENTS FOR THE JOB MARKET BY ENCOURAGING AND ASSISTING THEM IN OBTAINING A CERTIFICATE OF COMPLETION OR AN ASSOCIATE DEGREE. THEY ARE ALSO PROVIDED WITH VALUABLE EXPERIENCE THROUGH STRUCTURED JOB SHADOWING, COMMUNITY SERVICE ASSIGNMENTS, AND INTERNSHIPS WITH LOCAL COMMUNITY AGENCIES, SCHOOLS, AND BUSINESSES IN THE CITY HEIGHTS, BALBOA PARK, AND THE LOCAL COMMUNITY OF SAN DIEGO. THE INVOLVEMENT IN COMMUNITY SERVICE ACTIVITIES IS COORDINATED FOR THESE SCHOLARSHIP PARTICIPANTS. THESE ACTIVITIES BENEFIT THE PARTICIPANT'S PERSONAL AND PROFESSIONAL GOALS AS WELL AS THE GREATER COMMUNITY.NO NEW SCHOLARS WERE ADMITTED INTO THE NEW 2019-2021 COHORT PROGRAM AS THE PRICE SCHOLARSHIP PROGRAM IS SUNSETTING.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $124
Other Revenue $0
TOTAL REVENUE $124

Expense Breakdown

Grants Paid $81,892
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $85,162
Other Expenses $11,892
TOTAL EXPENSES $93,784

Year-over-Year Comparison

2020 2019 Change
Revenue $124 $3,864 -1.0%
Expenses $93,784 $356,199 -0.7%
Net Income $-93,660 $-352,335 -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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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
8

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
3
$0
Total Directors
8
$414,359
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES HOWELL TRUSTEE 1.00
Director
$0 $60,533 $414,359
ARLENE SMITH TRUSTEE 1.00
Director
$0 $0 $0
KAREN WROBLEWSKI TRUSTEE 1.00
Director
$0 $0 $0
SARAH SLAUGHTER TRUSTEE 1.00
Director
$0 $0 $0
EMILY YOUNG TRUSTEE 1.00
Director
$0 $0 $0
ANN BOSSLER PRESIDENT 5.00
Officer Director
$0 $0 $0
ROBERT PRICE TREASURER 1.00
Officer Director
$0 $0 $0
CECELIA ESTRADA 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
2021 $124 $93,784 No data $-93,660
2020 $3,864 $356,199 $114,173 $-352,335
2019 $14,128 $513,805 $498,230 $-499,677
2018 $-158,271 $571,917 $967,361 $-730,188
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