PILLAR COLLEGE INC (EIN 453912932) - 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

1994

Legal Domicile

Principal Officer

DR DAVID SCHROEDER

Phone

9738035000

Tax Period

2024-07-01 to 2025-06-30

PILLAR COLLEGE INC, founded in 1994, is a mid-sized nonprofit in the Education sector that reported $14.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $13.7M left a modest 6% surplus.

Mission

PILLAR COLLEGE IS AN INDEPENDENT, FAITH-BASED 4 YEAR INSTITUTION OF HIGHER EDUCATION.

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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 $406,625

Program Service Revenue $13,950,667

Investment Income $9,300

Other Revenue $166,864

TOTAL REVENUE $14,533,456

Expense Breakdown

Grants Paid $3,197,476

Salaries & Benefits $5,113,911

Fundraising Expenses $150,240

Program Expenses $8,121,567

Other Expenses $5,381,787

TOTAL EXPENSES $13,693,174

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,533,456	$13,351,082	+0.1%
Expenses	$13,693,174	$12,752,055	+0.1%
Net Income	$840,282	$599,027	+0.4%

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

140

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

$412,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY L SCHMIDT	CHAIRMAN	2.00	Officer Director	$0	$0	$0
J GEORGE REILLY	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
JUAN VELASCO ESQ	TREASURER/SECRETARY	2.00	Officer Director	$0	$0	$0
DR GEORGE BLOUNT	TRUSTEE	2.00	Director	$0	$0	$0
HENRI STEENKAMP	TRUSTEE	2.00	Director	$0	$0	$0
DR K BRAD STAMM	TRUSTEE	2.00	Director	$0	$0	$0
DR MARK GRAWEHR	TRUSTEE	2.00	Director	$0	$0	$0
DR MAYRA SUERO-WADE	TRUSTEE	2.00	Director	$0	$0	$0
REV TIMOTHY KWOK	TRUSTEE	2.00	Director	$0	$0	$0
REV UI KIM	TRUSTEE	2.00	Director	$0	$0	$0
SHINO JOHN	TRUSTEE	2.00	Director	$0	$0	$0
DR LISA STEINER	TRUSTEE	2.00	Director	$0	$0	$0
DR KENNETH C WELCH	TRUSTEE	2.00	Director	$0	$0	$0
DR KIM JANCEY JAMES	TRUSTEE	2.00	Director	$0	$0	$0
KEYLA PAVIA	TRUSTEE	2.00	Director	$0	$0	$0
VLADIMIR ST PHARD	TRUSTEE	2.00	Director	$0	$0	$0
LEE ROUSON	TRUSTEE (PART YEAR)	2.00	Director	$0	$0	$0
DEBORAH SKOMBA	TRUSTEE (PART YEAR)	2.00	Director	$0	$0	$0
JAMES KANG	TRUSTEE (PART YEAR)	2.00	Director	$0	$0	$0
DR DAVID SCHROEDER	PRESIDENT	40.00	Officer	$182,557	$20,847	$203,404
GISELLE LLERENA	PROVOST	40.00	Officer	$83,971	$22,090	$106,061
CINDY WEAVER	VICE PRESIDENT FOR FINANCE/CFO	40.00	Officer	$100,722	$2,426	$103,148

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	$14,533,456	$13,693,174	$4,608,940	$840,282
2024	No data	No data	No data	No data
2023	$11,485,107	$14,593,177	$5,579,597	$-3,108,070
2022	$11,997,685	$12,495,832	$3,023,118	$-498,147
2021	$11,273,498	$10,408,294	$3,103,324	$865,204
2020	$11,593,625	$10,701,731	$2,566,944	$891,894
2019	$10,283,942	$10,263,481	$1,833,020	$20,461
2018	$10,118,051	$9,987,455	$2,078,622	$130,596

PILLAR COLLEGE INC