ELEVATION SCHOLARS INC (EIN 471809808) - 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

STEPHEN OROSZ

Phone

4072151355

Tax Period

2024-07-01 to 2025-06-30

ELEVATION SCHOLARS INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 12% operating deficit.

Mission

WE INVEST IN HIGH-NEED, HIGH-ACHIEVING STUDENTS WHO HAVE DEMONSTRATED COMMUNITY IMPACT, HELPING THEM TO AND THROUGH THE NATION'S MOST COMPETITIVE COLLEGES AND UNIVERSITIES.

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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 $1,301,585

Program Service Revenue $0

Investment Income $7,882

Other Revenue $16,727

TOTAL REVENUE $1,326,194

Expense Breakdown

Grants Paid $449,643

Salaries & Benefits $679,988

Fundraising Expenses $184,863

Program Expenses $1,086,102

Other Expenses $356,764

TOTAL EXPENSES $1,486,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,326,194	$1,672,293	-0.2%
Expenses	$1,486,395	$1,440,786	+0.0%
Net Income	$-160,201	$231,507	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE OROSZ	CHAIRMAN	3.00	Director	$0	$0	$0
SHANI CUNNINGHAM	DIRECTOR	3.00	Director	$0	$0	$0
KARL MELO	DIRECTOR	3.00	Director	$0	$0	$0
MIKE AIETCHENSON	DIRECTOR	3.00	Director	$0	$0	$0
MARY BETH MORGAN	DIRECTOR	3.00	Director	$0	$0	$0
BRAULIO COLON	DIRECTOR	3.00	Director	$0	$0	$0
ANDREW OROSZ	DIRECTOR	3.00	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
2025	$1,326,194	$1,486,395	$388,373	$-160,201
2024	$1,672,293	$1,440,786	$558,238	$231,507
2023	$1,352,551	$1,321,004	$309,428	$31,547
2022	$1,003,250	$1,242,756	$488,218	$-239,506
2021	$972,043	$830,609	$512,179	$141,434
2020	$648,066	$767,841	$361,239	$-119,775
2018	$206,953	$430,487	$547,124	$-223,534

ELEVATION SCHOLARS INC