PROSCHOLARS ATHLETICS (EIN 471749915) - 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

2014

Legal Domicile

Principal Officer

TERRANCE WILLIAMS

Phone

9176508245

Tax Period

2024-09-01 to 2025-08-31

PROSCHOLARS ATHLETICS, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $233K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $345K exceeded revenue, resulting in a 48% operating deficit.

Mission

PROSCHOLARS ATHLETICS INC IS A SPORTS-BASED COLLEGE PREPARATORY PROGRAM SERVICING URBAN YOUTHS AGES 10-18 IN THE NEW YORK TRI-STATE AREA.

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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 $228,757

Program Service Revenue $0

Investment Income $18

Other Revenue $4,000

TOTAL REVENUE $232,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,566

Fundraising Expenses $356

Program Expenses $267,797

Other Expenses $301,876

TOTAL EXPENSES $345,442

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,775	$186,388	+0.2%
Expenses	$345,442	$341,549	+0.0%
Net Income	$-112,667	$-155,161	-0.3%

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

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

$40,000

Total Directors

$40,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRANCE WILLIAMS	EXECUTIVE DIRECTOR	40	Officer Director	$40,000	$0	$40,000
ANDRE CHARLES	SECRETARY	15	Officer Director	$0	$0	$0
JUSTIN WEIR	TREASURER	15	Officer Director	$0	$0	$0
MARK CARTER	BOARD MEMBER	5	Director	$0	$0	$0
ANDRE GEDDES	BOARD MEMBER	5	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
2025	$232,775	$345,442	$144,737	$-112,667
2023	$508,406	$245,157	$412,104	$263,249
2022	$202,637	$360,803	$148,935	$-158,166
2019	$424,883	$169,613	$310,208	$255,270

PROSCHOLARS ATHLETICS