HRS EDUCATION SERVICES INC

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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

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.

Program Service Accomplishments

Program 1

Expenses: $0

TO ENGAGE IN ACTIVITIES FOR THE BENEFIT AND ADVANCEMENT OFEDUCATION 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%)

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

Governance

Voting Members

Independent Members

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

Total Directors

$66,000

Key Employees

Highest Compensated

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