TOP NOTCH SCHOLARS 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

2014

Legal Domicile

Principal Officer

JOANNA DE PENA

Phone

9789948060

Tax Period

2023-01-01 to 2023-12-31

TOP NOTCH SCHOLARS INC, founded in 2014, is a small nonprofit in the Education sector that reported $707K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $157K, a strong 22% operating margin.

Mission

TOP NOTCH HELPS KIDS IDENTIFY THEIR LIFE PASSION AND CAREER GOALS AND THEN MAP OUT THE INTENTIONAL STEPS THAT WILL ULTIMATELY LEAD TO SUCCESS, AS THEYVE DEFINED IT FOR THEMSELVES. WE CONNECT OUR YOUTH WITH RELEVANT INTERNSHIPS AND MENTORS TO GAIN THE CONFIDENCE, SKILLS, AND DISCIPLINE TO STAY ON TRACK IN EXECUTING THEIR PLAN.

Program Service Accomplishments

Program 1

Expenses: $210,888 Revenue: $28,744

MENTORSHIP FOR AT-RISK YOUTH, MOTIVATIONAL SPEAKING, AND A LEADERSHIP CURRICULUM DESIGNED FOR SCHOOLS AND ORGANIZATIONS.

Program 2

Expenses: $57,402

GRANTS, SCHOLARSHIPS AND AWARDS. THE ORGANIZATION MAKES GRANTS, SCHOLARSHIPS AND AWARDS TO INDIVIDUALS AND ORGANIZATIONS FOR PROJECTS THAT ARE WITHIN THE SCOPE OF THE ORGANIZATION MISSION.

🔒

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 $675,625

Program Service Revenue $28,744

Investment Income $4

Other Revenue $2,645

TOTAL REVENUE $707,018

Expense Breakdown

Grants Paid $8,342

Salaries & Benefits $274,283

Fundraising Expenses $142,451

Program Expenses $268,290

Other Expenses $267,145

TOTAL EXPENSES $549,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$707,018	$439,863	+0.6%
Expenses	$549,770	$342,350	+0.6%
Net Income	$157,248	$97,513	+0.6%

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

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

$166,576

Total Directors

$75,488

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD HILL	PRESIDENT	10.00	Officer Director	$0	$0	$0
JENNY ALVAREZ	VICE PRES./T	40.00	Officer Director	$75,488	$0	$75,488
ALISON DOLAN	DIRECTOR	2.00	Director	$0	$0	$0
HOOKS JOHNSTON	DIRECTOR	2.00	Director	$0	$0	$0
ALEX MERCEDES	DIRECTOR	2.00	Director	$0	$0	$0
JOE ZINGALES	DIRECTOR	2.00	Director	$0	$0	$0
JOANNA DE PENA	CEO	40.00	Officer	$91,088	$0	$91,088

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	$707,018	$549,770	$533,404	$157,248
2023	$625,505	$559,557	$494,204	$65,948
2022	$439,863	$342,350	$257,714	$97,513
2021	$287,150	$226,056	$175,096	$61,094