HONOURS INC (EIN 391430131) - 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

1985

Legal Domicile

Principal Officer

DAN BREUER

Phone

2626445261

Tax Period

2024-08-01 to 2025-07-31

HONOURS INC, founded in 1985, is a small nonprofit in the Education sector that reported $470K in total revenue in fiscal year 2024. The organization ran a surplus of $134K, a strong 28% operating margin.

Mission

TO PROVIDE HIGHER EDUCATION SCHOLARSHIPS

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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 $212,614

Program Service Revenue $0

Investment Income $257,299

Other Revenue $0

TOTAL REVENUE $469,913

Expense Breakdown

Grants Paid $249,200

Salaries & Benefits $0

Fundraising Expenses $26,869

Program Expenses $249,200

Other Expenses $86,986

TOTAL EXPENSES $336,186

Year-over-Year Comparison

	2024	2023	Change
Revenue	$469,913	$459,844	+0.0%
Expenses	$336,186	$327,953	+0.0%
Net Income	$133,727	$131,891	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN BREUER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KRISTI BROOKS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK ARMSTRONG	SECRETARY	1.50	Officer Director	$0	$0	$0
RICK GUNDRUM	TREASURER	1.50	Officer Director	$0	$0	$0
RYAN BECKER	DIRECTOR	1.00	Director	$0	$0	$0
KARA KLEINHANS PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
WENDY CHRISTENSON	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE WEBER	DIRECTOR	1.00	Director	$0	$0	$0
JEN ZUERN	DIRECTOR	1.00	Director	$0	$0	$0
BARB HERTHER	DIRECTOR	1.00	Director	$0	$0	$0
PHIL OURADA	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI LOFY	DIRECTOR	1.00	Director	$0	$0	$0
DAREN SIEVERS	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	$469,913	$336,186	$6,695,316	$133,727
2024	$459,844	$327,953	$6,202,671	$131,891
2023	$462,194	$352,385	$5,386,337	$109,809
2022	$547,213	$301,126	$5,065,793	$246,087
2021	$856,368	$343,100	$5,475,419	$513,268
2020	$384,722	$212,957	$4,349,363	$171,765

HONOURS INC