SC HEALTH SCIENCES 2 INC (EIN 364928199) - 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

2019

Legal Domicile

Principal Officer

JON LAMB

Phone

7344624325

Tax Period

2024-07-01 to 2025-06-30

SC HEALTH SCIENCES 2 INC, founded in 2019, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 65% operating margin.

Mission

TO SUPPORT SCHOOLCRAFT COLLEGE, ITS STUDENTS, AND EDUCATIONAL COMMUNITY AS A WHOLE.

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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 $2,100,000

Program Service Revenue $1,351,471

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,451,471

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,140,954

Other Expenses $1,153,471

TOTAL EXPENSES $1,203,471

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,451,471	$1,369,582	+1.5%
Expenses	$1,203,471	$1,248,174	0.0%
Net Income	$2,248,000	$121,408	+17.5%

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

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

$918,444

Total Directors

$918,444

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN CERNY	DIRECTOR & PRESIDENT	2.00	Officer Director	$0	$192,627	$633,982
JON LAMB	DIRECTOR & TREASURER	3.00	Officer Director	$0	$40,453	$284,462
ANGELA JAAFAR	DIRECTOR & VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
BRETT GIERAK	DIRECTOR & SECRETARY	0.25	Officer Director	$0	$0	$0
KELLY WUORENMA	DIRECTOR	0.25	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	$3,451,471	$1,203,471	$13,862,043	$2,248,000
2024	$1,369,582	$1,248,174	$14,540,161	$121,408
2023	$1,385,561	$1,234,128	$15,024,036	$151,433
2022	$1,399,659	$1,240,324	$15,480,419	$159,335
2021	$754,027	$886,091	$8,107,773	$-132,064
2020	$21,850	$451,212	$8,107,487	$-429,362
2019	No data	No data	$21,120	No data

SC HEALTH SCIENCES 2 INC