SCHOLARS INC (EIN 473158402) - 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

DANATIA ALLEN

Phone

7178059045

Tax Period

2023-01-01 to 2023-12-31

SCHOLARS INC, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $674K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

To assist people as they construct their lives to become more economically and socially advanced through activities, events, and programs that combine training information and fun on how to live a healthy and productive lifestyle.

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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 (2023)

Revenue Breakdown

Contributions & Grants $196,917

Program Service Revenue $477,490

Investment Income $5

Other Revenue $0

TOTAL REVENUE $674,412

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,929

Fundraising Expenses $2,000

Program Expenses $671,075

Other Expenses $543,353

TOTAL EXPENSES $676,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$674,412	$486,801	+0.4%
Expenses	$676,282	$509,344	+0.3%
Net Income	$-1,870	$-22,543	-0.9%

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

$46,810

Total Directors

$46,810

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANATIA ALLEN	Executive Dir.	30.00	Officer Director	$46,810	$0	$46,810
DOMINIC ALLEN	Director	6.00	Officer Director	$0	$0	$0
JESSICA BYLER	Treasurer	6.00	Officer Director	$0	$0	$0
SHARON BASS	President	30.00	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
2024	No data	No data	No data	No data
2023	$674,412	$676,282	$461,543	$-1,870
2022	$486,801	$509,344	$411,243	$-22,543
2021	$541,900	$521,870	$408,339	$20,030
2020	$623,527	$551,978	$395,915	$71,549
2019	$234,825	$211,266	$250,058	$23,559

SCHOLARS INC