SCHOLARSHIPS FOR KIDS INC

🔒

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

2013

Legal Domicile

Principal Officer

STEPHEN BRIDGERS

Phone

2054809997

Tax Period

2023-01-01 to 2023-12-31

SCHOLARSHIPS FOR KIDS INC, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $27.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $8.8M, a strong 32% operating margin.

Mission

OUR MISSION IS TO SUPPORT EDUCATION AND EDUCATIONAL OPPORTUNITIES. WE PROVIDE SCHOLARSHIPS TO CHILDREN FROM LOWER INCOME FAMILIES TO ATTEND PRIVATE K-12 SCHOOLS OF THEIR PARENTS' CHOICE. WE EMPHASIZE THE IMPORTANCE OF PARENTS INVESTING THEIR TIME, TALENT AND RESOURCES IN THEIR CHILDREN'S SCHOOL COMMUNITY. WE SUPPORT SCHOOLS THAT PROMOTE ACADEMIC EXCELLENCE AND PRIORITIZE CHARACTER DEVELOPMENT. SCHOLARSHIPS FOR KIDS AT ALL TIMES SEEKS TO OPERATE IN AN EFFECTIVE, EFFICIENT AND ETHICAL MANNER.

Program Service Accomplishments

Program 1

Expenses: $18,436,509 Revenue: $20,760,132

THE ORGANIZATION RAISED OVER $20.76 MILLION TO FUND SCHOLARSHIPS FOR STUDENTS TO ATTEND PARTNER SCHOOLS LOCATED ACROSS THE STATE. DURING 2023, WE RECEIVED APPROXIMATELY 1,064 SEPARATE TAX CREDIT...

THE ORGANIZATION RAISED OVER $20.76 MILLION TO FUND SCHOLARSHIPS FOR STUDENTS TO ATTEND PARTNER SCHOOLS LOCATED ACROSS THE STATE. DURING 2023, WE RECEIVED APPROXIMATELY 1,064 SEPARATE TAX CREDIT CONTRIBUTIONS. DUE TO THE ORGANIZATION'S SUCCESS, PARTNER SCHOOLS ARE FILLING OTHERWISE EMPTY SEATS IN THE CURRENT SCHOOL YEAR.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $26,318,338

Program Service Revenue $0

Investment Income $993,944

Other Revenue $0

TOTAL REVENUE $27,312,282

Expense Breakdown

Grants Paid $17,750,356

Salaries & Benefits $282,717

Fundraising Expenses $0

Program Expenses $18,436,509

Other Expenses $520,039

TOTAL EXPENSES $18,553,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,312,282	$25,068,180	+0.1%
Expenses	$18,553,112	$13,759,401	+0.3%
Net Income	$8,759,170	$11,308,779	-0.2%

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

Volunteers

N/A

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

$157,375

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE FLINK	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CHRISTINE MD	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS H BRIGHAM JR	DIRECTOR	1.00	Director	$0	$0	$0
JOEL DAVIS	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
KELLIE HOPE	TREASURER	1.00	Officer Director	$0	$0	$0
ADAM WEST	DIRECTOR	1.00	Director	$0	$0	$0
GRANT MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN BRIDGERS	EXECUTIVE DIRECTOR	40.00	Officer	$157,375	$0	$157,375
LITASHA STEELE	DIRECTOR OF SCHOOL RELATIONS	40.00	Highest	$101,333	$0	$101,333

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
2024	No data	No data	No data	No data
2023	$27,312,282	$18,553,112	$41,932,277	$8,759,170
2022	$25,068,180	$13,759,401	$33,092,849	$11,308,779
2021	$14,541,038	$11,277,827	$21,791,162	$3,263,211
2020	$14,006,472	$12,997,450	$18,620,434	$1,009,022