SAMUEL READY SCHOLARSHIPS INC

EIN: 520591460 501(c)(3) Education

RIDERWOOD, MD

Total Revenue
$1,371,136
Total Expenses
$1,213,282
Total Assets
$23,222,553
Net Assets
$23,221,807
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
MD
Principal Officer
AMY FOX
Phone
4438414325
Tax Period
2024-07-01 to 2025-06-30

SAMUEL READY SCHOLARSHIPS INC, founded in 1937, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 12% surplus.

Mission

TO GIVE ACADEMICALLY PROMISING GIRLS, WITH GREAT FINANCIAL NEED, ACCESS TO A BALTIMORE-AREA INDEPENDENT SCHOOL EDUCATION WITH OPPORTUNITIES TO DEVELOP AND EXCEL.

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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 $305,037
Program Service Revenue $180
Investment Income $1,065,919
Other Revenue $0
TOTAL REVENUE $1,371,136

Expense Breakdown

Grants Paid $945,060
Salaries & Benefits $90,837
Fundraising Expenses $18,727
Program Expenses $973,199
Other Expenses $177,385
TOTAL EXPENSES $1,213,282

Year-over-Year Comparison

2024 2023 Change
Revenue $1,371,136 $1,162,842 +0.2%
Expenses $1,213,282 $1,169,654 +0.0%
Net Income $157,854 $-6,812 -24.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
32
Independent Members
32
Employees
1
Volunteers
32

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
5
$83,500
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TALYA CONSTABLE EXECUTIVE DI 30.00
Officer
$82,300 $1,200 $83,500
CINDY AMITIN DIRECTOR 0.25
Director
$0 $0 $0
ALEJANDRA BALCAZAR DIRECTOR 0.25
Director
$0 $0 $0
TARA LEWIS BISCIOTTI DIRECTOR 0.25
Director
$0 $0 $0
ROBBIE BLACK TREASURER 2.00
Officer Director
$0 $0 $0
JENNIFER BYERS PRESIDENT 2.00
Officer Director
$0 $0 $0
OLIVIA CARROLL DIRECTOR 0.25
Director
$0 $0 $0
AMY FOX DIRECTOR 1.00
Director
$0 $0 $0
DEANA FRANK VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JONATHAN GARRETT DIRECTOR 0.25
Director
$0 $0 $0
EBONY HARLEY DIRECTOR 0.25
Director
$0 $0 $0
KIANA HEBRON DIRECTOR 0.25
Director
$0 $0 $0
CAMIEL IRVING DIRECTOR 0.25
Director
$0 $0 $0
RANAK K JASANI DIRECTOR 0.25
Director
$0 $0 $0
CHRISTOPHER JEFFRIES DIRECTOR 0.25
Director
$0 $0 $0
CARLY JOHNSON DIRECTOR 0.25
Director
$0 $0 $0
BETH KNAPP DIRECTOR 0.25
Director
$0 $0 $0
THOMAS PONTONE KOLKIN DIRECTOR 0.25
Director
$0 $0 $0
GINA MCKNIGHT-SMITH DIRECTOR 0.25
Director
$0 $0 $0
YVETTE MOZIE-ROSS DIRECTOR 0.25
Director
$0 $0 $0
SUSAN MURK DIRECTOR 0.25
Director
$0 $0 $0
LOUISE NANKIINGA DIRECTOR 0.25
Director
$0 $0 $0
SARA ORTHWEIN SECRETARY 0.25
Officer Director
$0 $0 $0
ALECIA PRIDGEN DIRECTOR 0.25
Director
$0 $0 $0
SHEILA M ROWE DIRECTOR 0.25
Director
$0 $0 $0
KINDLE SAMUEL DIRECTOR 0.25
Director
$0 $0 $0
MARY SANDERS DIRECTOR 0.25
Director
$0 $0 $0
GWELAN SHERIDAN DIRECTOR 0.25
Director
$0 $0 $0
MARK SISSMAN DIRECTOR 0.25
Director
$0 $0 $0
ERIKA SLATER DIRECTOR 0.25
Director
$0 $0 $0
MEREDITH STEWART DIRECTOR 0.25
Director
$0 $0 $0
JEANNE WEINER DIRECTOR 0.25
Director
$0 $0 $0
PAMELA YOUNG DIRECTOR 0.25
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 $1,371,136 $1,213,282 $23,222,553 $157,854
2024 $1,162,842 $1,169,654 $21,483,451 $-6,812
2023 $934,610 $1,017,358 $19,752,334 $-82,748
2022 $944,015 $994,778 $18,401,290 $-50,763
2021 $1,362,469 $919,295 $21,561,063 $443,174
2020 $638,566 $853,877 $17,546,661 $-215,311
2019 $968,721 $814,785 $17,584,908 $153,936
2018 $943,909 $829,143 $17,001,702 $114,766
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