ELITE ACADEMY SCHOLARSHIP FUND INC

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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

2013

Legal Domicile

Principal Officer

DAVID DUBROW

Phone

7183730960

Tax Period

2021-01-01 to 2021-12-31

ELITE ACADEMY SCHOLARSHIP FUND INC, founded in 2013, is a small nonprofit in the Education sector that reported $252K in total revenue in fiscal year 2021. Revenue surged 367% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 19% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS TO BE USED FOR TUITION TO UNDERPRIVILIGED STUDENTS SEEKING TO ATTEND PRIVATE SCHOOLS AND COLLEGES

Program Service Accomplishments

Program 1

Expenses: $200,250 Revenue: $0

TO PROVIDE SCHOLARSHIPS TO BE USED FOR TUITION TO UNDERPRIVILIGED STUDENTS SEEKING TO ATTEND PRIVATE SCHOOLS AND COLLEGES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $251,835

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $251,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,250

Other Expenses $204,151

TOTAL EXPENSES $204,151

Year-over-Year Comparison

	2021	2020	Change
Revenue	$251,835	$53,937	+3.7%
Expenses	$204,151	$49,255	+3.1%
Net Income	$47,684	$4,682	+9.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YELENA SOKOLIN	DIRECTOR/PRESIDENT	5.00	Director	$0	$0	$0
DANIEL ESTRIN	DIRECTOR	5.00	Director	$0	$0	$0
ALINA BENIAMINOVA	DIRECTOR	5.00	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	$251,835	$204,151	$54,080	$47,684