HARLEM SCHOLARSHIP FOUNDATION C/O HARLEM HIGH SCHOOL (EIN 363696606) - 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

1989

Legal Domicile

Principal Officer

CAROL JOHNSON

Phone

8152226001

Tax Period

2021-01-01 to 2021-12-31

HARLEM SCHOLARSHIP FOUNDATION C/O HARLEM HIGH SCHOOL, founded in 1989, is a small nonprofit that reported $195K in total revenue in fiscal year 2021. Revenue surged 752% from the prior year, signaling strong growth momentum. The organization ran a surplus of $93K, a strong 48% operating margin.

Mission

TO PROVIDE EDUCATIONAL 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 (2021)

Revenue Breakdown

Contributions & Grants $27,531

Program Service Revenue $0

Investment Income $167,208

Other Revenue $0

TOTAL REVENUE $194,739

Expense Breakdown

Grants Paid $100,408

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,466

Other Expenses $953

TOTAL EXPENSES $101,361

Year-over-Year Comparison

	2021	2020	Change
Revenue	$194,739	$22,853	+7.5%
Expenses	$101,361	$71,025	+0.4%
Net Income	$93,378	$-48,172	-2.9%

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
CAROL JOHNSON	PRESIDENT	10.00	Officer	$0	$0	$0
DOUG LIVINGSTON	VICE PRESIDE	10.00	Officer	$0	$0	$0
KAREN VANDIVER	SECRETARY	10.00	Officer	$0	$0	$0
KATE TAMMEN	TREASURER	10.00	Officer	$0	$0	$0
BOB BURDEN	DIRECTOR	10.00	Director	$0	$0	$0
SCOTT HEIDEMANN	DIRECTOR	10.00	Director	$0	$0	$0
JENNA JAMES	DIRECTOR	10.00	Director	$0	$0	$0
NETTIE PARKER	DIRECTOR	10.00	Director	$0	$0	$0
TIM PERIAN	DIRECTOR	10.00	Director	$0	$0	$0
LORI PERKINS	DIRECTOR	10.00	Director	$0	$0	$0
CONNIE SCHULTZ	DIRECTOR	10.00	Director	$0	$0	$0
BRAD SWEET	DIRECTOR	10.00	Director	$0	$0	$0
AARON WILSON	DIRECTOR	10.00	Director	$0	$0	$0
TOM YOE	DIRECTOR	10.00	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
2021	$194,739	$101,361	$524,330	$93,378

HARLEM SCHOLARSHIP FOUNDATION C/O HARLEM HIGH SCHOOL