Fund for Hoosier Excellence Inc (EIN 351579672) - Form 990 Financial Analysis & Trantor Score

🔒

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

1983

Legal Domicile

Principal Officer

Gregory Pemberton JD

Phone

3176334105

Tax Period

2024-10-01 to 2025-09-30

Fund for Hoosier Excellence Inc, founded in 1983, is a micro nonprofit in the Education sector that reported $70K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 45% operating margin.

Mission

To promote academic excellence by the fostering of educational opportunities for the African-American, Hispanic-American and native American youth of Indiana through the awarding of student grants and scholarships.

🔒

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 $0

Program Service Revenue $0

Investment Income $69,744

Other Revenue $0

TOTAL REVENUE $69,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $38,395

TOTAL EXPENSES $38,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,744	$52,633	+0.3%
Expenses	$38,395	$105,574	-0.6%
Net Income	$31,349	$-52,941	-1.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Leverett	President	5.00	Officer Director	$0	$0	$0
DeAnne Harris	Director	1.00	Director	$0	$0	$0
Thomas Black Jr	Vice President	1.00	Officer Director	$0	$0	$0
Gregory Pemberton JD	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Diana Thompson Caldwell	Director	1.00	Director	$0	$0	$0
Joseph Matthews IV	Director	1.00	Director	$0	$0	$0
Roy Griffin II	Director	1.00	Director	$0	$0	$0
Thomas Reives	Director	1.00	Director	$0	$0	$0
John Verduzco	Director	1.00	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	$69,744	$38,395	$2,059,695	$31,349
2024	$52,633	$105,574	$1,975,155	$-52,941
2023	$74,161	$39,352	$1,696,796	$34,809
2022	$52,699	$161,383	$1,639,563	$-108,684
2021	$117,125	$27,865	$2,026,486	$89,260
2020	$119,552	$103,048	$1,874,958	$16,504
2019	$122,375	$87,371	$1,813,621	$35,004
2018	$103,246	$91,746	$1,816,931	$11,500

Fund for Hoosier Excellence Inc