SCHOLARS AND LEADERS FOUNDATION INC

EIN: 471735693 501(c)(3)

ROCHELLE PARK, NJ

Total Revenue
$-10,372
Total Expenses
$195
Total Assets
N/A
Net Assets
$-133,477
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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
2014
Legal Domicile
NJ
Principal Officer
ARAS KONJHODZIC
Phone
8622490847
Tax Period
2020-01-01 to 2020-12-31

SCHOLARS AND LEADERS FOUNDATION INC, founded in 2014, is a micro nonprofit that reported $10K in total revenue in fiscal year 2020. Revenue fell 236% from the prior year — a significant decline worth monitoring.

Mission

TO ESTABLISH, MAINTAIN AND OPERATE UNDERGRADUATE AND GRADUATE SCHOOLS WHICH SHALL OFFER UNDERGRADUATE AND GRADUATE DEGREES, CERTIFICATE PROGRAMS, SAT AND ESL COURSES, RELATED TRAINING PROGRAMS AND DISSEMINATE ALL TYPES OF INFORMATION THAT MAY IMPROVE THE QUALITY OF 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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-10,372
Other Revenue $0
TOTAL REVENUE $-10,372

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156
Other Expenses $195
TOTAL EXPENSES $195

Year-over-Year Comparison

2020 2019 Change
Revenue $-10,372 $7,620 -2.4%
Expenses $195 $28,460 -1.0%
Net Income $-10,567 $-20,840 -0.5%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABDURRAHMAN CETIN BOARD MEMBER N/A
Officer Director
$0 $0 $0
ARAS KONJHODZIC PRESIDENT 0.00
Officer Director
$0 $0 $0
MURAT OZTURK SECRETARY N/A
Officer 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
2020 $-10,372 $195 No data $-10,567
2019 $7,620 $28,460 $10,567 $-20,840
2018 $405,390 $503,958 $93,409 $-98,568
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