HRS EDUCATION SERVICES INC

EIN: 480859134

LEAWOOD, KS

Total Revenue
$-7,036,284
Total Expenses
$634,311
Total Assets
N/A
Net Assets
N/A
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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
1977
Legal Domicile
KS
Principal Officer
BRUCE OLSON
Phone
9133451300
Tax Period
2020-01-01 to 2020-12-31

HRS EDUCATION SERVICES INC, founded in 1977, is a micro nonprofit that reported $7.0M in total revenue in fiscal year 2020. Revenue fell 669% from the prior year — a significant decline worth monitoring.

Mission

TO ENGAGE IN ACTIVITIES FOR THE BENEFIT AND ADVANCEMENT OF EDUCATION AND THE PROMOTION OF SOCIAL WELFARE.

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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 $-7,036,284
Other Revenue $0
TOTAL REVENUE $-7,036,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $0
Other Expenses $574,311
TOTAL EXPENSES $634,311

Year-over-Year Comparison

2020 2019 Change
Revenue $-7,036,284 $1,235,738 -6.7%
Expenses $634,311 $735,927 -0.1%
Net Income $-7,670,595 $499,811 -16.3%
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

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Governance

Voting Members
3
Independent Members
2
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
1
$0
Total Directors
3
$66,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE OLSON PRESIDENT, SECRETARY, TREA 0.00
Officer Director
$0 $0 $0
BERNARD FRIEL DIRECTOR 1.00
Director
$60,000 $0 $63,000
KEVIN MOEHN DIRECTOR 1.00
Director
$0 $0 $3,000
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 $-7,036,284 $634,311 No data $-7,670,595
2019 $1,235,738 $735,927 $13,548,456 $499,811
2018 $608,125 $679,916 $16,054,055 $-71,791
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