Project Scholars Inc (EIN 542079731) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

Paul Rountree

Phone

4074670685

Tax Period

2024-10-01 to 2025-09-30

Project Scholars Inc, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $173K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $213K exceeded revenue, resulting in a 23% operating deficit.

Mission

Nurture Dreams through Education.

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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 (2024)

Revenue Breakdown

Contributions & Grants $234,895

Program Service Revenue $0

Investment Income $0

Other Revenue $-61,861

TOTAL REVENUE $173,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,616

Other Expenses $213,405

TOTAL EXPENSES $213,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,034	$147,456	+0.2%
Expenses	$213,405	$72,076	+2.0%
Net Income	$-40,371	$75,380	-1.5%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Rountree	President	002.00	Officer Director	$0	$0	$0
Justin Nichols	Vice President	002.00	Officer Director	$0	$0	$0
Don Rose	Treasurer	002.00	Officer Director	$0	$0	$0
Patty Delaney	Secretary	002.00	Officer Director	$0	$0	$0
Lisa Busto	Director	001.00	Director	$0	$0	$0
Jo Ann Jones	Director	001.00	Director	$0	$0	$0
Tom English	Director	001.00	Director	$0	$0	$0
Angela Ratter	Director	001.00	Director	$0	$0	$0
Nancy Srodes	Director	001.00	Director	$0	$0	$0
Chelsea Metka	Director	001.00	Director	$0	$0	$0
Lisa Hernandez	Director	001.00	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
2025	$173,034	$213,405	$312,117	$-40,371
2024	$147,456	$72,076	$457,415	$75,380
2023	$116,682	$62,833	$364,444	$53,849
2022	$138,347	$124,259	$331,487	$14,088
2021	$11,128	$7,318	$216,561	$3,810
2020	$100	$55,077	$118,372	$-54,977
2019	$133,724	$95,039	$176,162	$38,685
2018	$137,418	$133,360	$133,614	$4,058

Project Scholars Inc