TOWSON, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CARSON SCHOLARS FUND INC, founded in 1994, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.3M exceeded revenue, resulting in a 17% operating deficit.
THE MISSION OF CARSON SCHOLARS FUND IS TO RECOGNIZE AND REWARD STUDENTS IN GRADES FOUR THROUGH ELEVEN WHO HAVE EARNED THE HIGHEST LEVEL OF ACADEMIC ACHIEVEMENT AND COMMUNITY SERVICE BY PROVIDING THEM WITH COLLEGE SCHOLARSHIPS. EMPHASIS IS (CONTINUED ON SCHEDULE O) PLACED ON STUDENTS' PERFORMANCE AND DESIRE TO MAINTAIN A STRONG ACADEMIC RECORD, AS WELL AS HUMANISTIC QUALITIES THAT HAVE A POSITIVE IMPACT ON SOCIETY. CARSON SCHOLARS FUND ALSO PROVIDES FUNDING TO SCHOOLS TO BUILD AND MAINTAIN "BEN CARSON READING ROOMS" - WARM, INVITING ROOMS WHERE CHILDREN CAN DISCOVER THE JOY OF INDEPENDENT, LEISURE READING.
SCHOLARSHIPS: THE CARSON SCHOLARS FUND HAS AWARDED MORE THAN 11,600 SCHOLARSHIPS (REPRESENTING 10,909 STUDENTS) IN ALL FIFTY STATES AND WASHINGTON, DC. OVER 895 COLLEGES AND UNIVERSITIES HAVE (OR...
SCHOLARSHIPS: THE CARSON SCHOLARS FUND HAS AWARDED MORE THAN 11,600 SCHOLARSHIPS (REPRESENTING 10,909 STUDENTS) IN ALL FIFTY STATES AND WASHINGTON, DC. OVER 895 COLLEGES AND UNIVERSITIES HAVE (OR HAD) CARSON SCHOLARS. THE CARSON SCHOLARS FUND HAS AN ALUMNI NETWORK OF OVER 9,550 (SCHOLARS OLD ENOUGH TO HAVE GRADUATED FROM HIGH SCHOOL). OVER 7,300 SCHOLARS HAVE USED AT LEAST PART OF THEIR SCHOLARSHIP. MORE THAN $10,000,000 HAS BEEN PAID OUT ON BEHALF OF OUR SCHOLARS. IN 2024, A TOTAL OF 1,506 (570 NEW SCHOLARS AND 936 PREVIOUS SCHOLARS) WERE HONORED AT REGIONAL AWARDS CEREMONIES. AS OF 2024, THERE ARE MORE THAN 5,300 SCHOLARS WHO HAVE BEEN RECOGNIZED BY THE CARSON SCHOLARS FUND MULTIPLE TIMES.
READING ROOMS: THE BEN CARSON READING PROJECT HAS ESTABLISHED 286 BEN CARSON READING ROOM AND SERVES STUDENTS IN 23 STATES AND WASHINGTON, DC. SINCE ITS INCEPTION IN 2000, THE PROJECT HAS DISPERSED...
READING ROOMS: THE BEN CARSON READING PROJECT HAS ESTABLISHED 286 BEN CARSON READING ROOM AND SERVES STUDENTS IN 23 STATES AND WASHINGTON, DC. SINCE ITS INCEPTION IN 2000, THE PROJECT HAS DISPERSED APPROXIMATELY 4 MILLION DOLLARS TO SCHOOLS TO CREATE READING OASES. OVER 143,500 HIGH-INTEREST BOOKS HAVE BEEN MADE AVAILABLE IN READING ROOM SCHOOLS, INSPIRING STUDENTS TO REACH THEIR FULL LITERACY POTENTIAL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,980,697 | $1,830,742 | +0.1% |
| Expenses | $2,314,682 | $1,804,403 | +0.3% |
| Net Income | $-333,985 | $26,339 | -13.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DR BEN CARSON | CO-FOUNDER/BOARD MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| CANDY CARSON | CO-FOUNDER/EXECUTIVE SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE WARNER | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY GRASMICK | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| WES GUCKERT | VICE PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| GRAYLIN SMITH | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENJAMIN CARSON JR | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BOWER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MURRAY CARSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREGG COOPER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CORDELL CARTER II | BOARD MEMBER (FROM 2/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| CODY CROWELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FRAN DONAHUE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACH DUDAN | BOARD MEMBER (FROM 11/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| ELAINE CLANCY | BOARD MEMBER (UNTIL 2/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID KASPARY JR | BOARD MEMBER (FROM 2/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YVES MOMBELEUR | BOARD MEMBER (FROM 2/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY ROSE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY TATA | BOARD MEMBER (FROM 11/2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN VINGSEN | BOARD MEMBER (FROM 2/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE COLEMAN | EXECUTIVE DIRECTOR (FROM 8/2023) | 35.00 |
Officer
|
$62,500 | $0 | $62,500 |
| AMY WARNER | EXECUTIVE DIRECTOR EMERITA | 35.00 |
Officer
|
$150,000 | $17,967 | $167,967 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,980,697 | $2,314,682 | $16,376,052 | $-333,985 |
| 2023 | $1,830,742 | $1,804,403 | $16,271,930 | $26,339 |
| 2022 | $1,756,634 | $1,882,545 | $16,550,988 | $-125,911 |
| 2021 | $1,613,513 | $1,802,980 | $18,530,161 | $-189,467 |
| 2020 | $1,712,038 | $1,743,350 | $16,669,293 | $-31,312 |
| 2019 | $1,543,729 | $1,975,524 | $17,118,861 | $-431,795 |
Compare CARSON SCHOLARS FUND INC with other nonprofits in Maryland and across the country.