EDA AND CLIFF VINER COMMUNITY SCHOLARS FOUNDATION INC

EIN: 474011061 501(c)(3) Education

GULF STREAM, FL

Total Revenue
$512,401
Total Expenses
$744,830
Total Assets
$333,627
Net Assets
$-166,373
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
CLIFFORD VINER
Phone
5615444436
Tax Period
2024-01-01 to 2024-12-31

EDA AND CLIFF VINER COMMUNITY SCHOLARS FOUNDATION INC, founded in 2015, is a small nonprofit in the Education sector that reported $512K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $745K exceeded revenue, resulting in a 45% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO EDUCATE AND INSPIRE COMPASSIONATE YOUNG LEADERS TO DEVELOP STRONG CHARACTER WITH A VISION FOR SUCCESS.(IMPORTANT ADDITIONAL MISSION AND FINANCIAL DISCLOSURE AT SCHEDULE O)USING SCHOLARSHIPS AND A MENTOR NETWORK, SCHOLARSHIP RECIPIENTS WILL RECEIVE BOTH FINANCIAL AND NON-FINANCIAL SUPPORT THROUGHOUT THEIR TENURE AT COLLEGE.IT IS THE FOUNDER'S INTENTION THAT 100% OF ALL FUNDS RAISED BY THE ORGANIZATION WILL BE USED FOR STUDENT SCHOLARSHIP PURCHASES ONLY. ALL MANAGEMENT AND FUNDRAISING EXPENSES WILL BE PAID FOR BY SEPARATE DOLLARS CONTRIBUTED TO THE ORGANIZATION BY THE FOUNDER.

Program Service Accomplishments

Program 1
Expenses: $659,683

DURING 2024, 171 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE. THE TOTAL SCHOLARSHIP BENEFIT WAS $891,025 COMPRISED OF $302,326 OF DIRECT ASSISTANCE FROM THE ORGANIZATION, PLUS $588,699 OF DISBURSEMENTS...

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DURING 2024, 171 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE. THE TOTAL SCHOLARSHIP BENEFIT WAS $891,025 COMPRISED OF $302,326 OF DIRECT ASSISTANCE FROM THE ORGANIZATION, PLUS $588,699 OF DISBURSEMENTS FROM FLORIDA PREPAID TUITION PLANS PREVIOUSLY PURCHASED BY THE ORGANIZATION. DURING 2024, THE ORGANIZATION PURCHASED FLORIDA PREPAID PLANS FOR $275,218.47 RESULTING IN A TOTAL OF 110 FOUR YEAR UNIVERSITY FLORIDA PREPAID TUITION PLANS OUTSTANDING AS OF DECEMBER 31, 2024. FLORIDA PREPAID PLANS ARE PURCHASED IN ADVANCE OF EACH STUDENT ATTENDING COLLEGE AND DISTRIBUTE APPROXIMATLEY $6,000 EACH SCHOOL YEAR FOR A TOTAL OF $24,000 AFTER 4 YEARS. DURING 2024, 42 NEW STUDENTS WERE AWARDED SCHOLARSHIPS AND 25 SCHOLARSHIP RECIPIENTS GRADUATED COLLEGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $488,024
Program Service Revenue $0
Investment Income $9,851
Other Revenue $14,526
TOTAL REVENUE $512,401

Expense Breakdown

Grants Paid $577,544
Salaries & Benefits $145,764
Fundraising Expenses $31,880
Program Expenses $659,683
Other Expenses $21,522
TOTAL EXPENSES $744,830

Year-over-Year Comparison

2024 2023 Change
Revenue $512,401 $990,003 -0.5%
Expenses $744,830 $726,425 +0.0%
Net Income $-232,429 $263,578 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
2
Volunteers
160

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLIFFORD G VINER DIRECTOR, PRESIDENT, TREAS 1.00
Officer Director
$0 $0 $0
EDA VINER DIRECTOR, VICE PRESIDENT, 1.00
Officer Director
$0 $0 $0
PATRICK FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID LUBETKIN DIRECTOR 1.00
Director
$0 $0 $0
DAN PAULUS DIRECTOR 1.00
Director
$0 $0 $0
ALAN KAYE DIRECTOR 1.00
Director
$0 $0 $0
MARIANNE JACOBS DIRECTOR 1.00
Director
$0 $0 $0
STACEY PACKER DIRECTOR 1.00
Director
$0 $0 $0
GARRISON GREY DIRECTOR 1.00
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
2024 $512,401 $744,830 $333,627 $-232,429
2023 $990,003 $726,425 $566,056 $263,578
2022 $971,564 $783,504 $330,280 $188,060
2021 $740,623 $706,852 $114,418 $33,771
2020 $822,055 $847,840 $80,647 $-25,785
2019 $718,301 $1,087,102 $106,432 $-368,801
2018 $1,191,120 $750,418 $475,233 $440,702
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