CRSM Work Study Inc (EIN 562372659) - 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

2003

Legal Domicile

Principal Officer

Preston Kendall

Phone

2242159400

Tax Period

2024-07-01 to 2025-06-30

CRSM Work Study Inc, founded in 2003, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024.

Mission

The Corporate Work Study Program makes high-quality college preparatory education accessible to students from under-resourced families through financing education costs.

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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 $0

Program Service Revenue $2,497,432

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,497,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $954,390

Fundraising Expenses $0

Program Expenses $1,327,520

Other Expenses $1,543,042

TOTAL EXPENSES $2,497,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,497,432	N/A	N/A
Expenses	$2,497,432	N/A	N/A
Net Income	$0	N/A	N/A

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

350

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

$358,520

Total Directors

Key Employees

$159,730

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terrence Brady	Director	1.00	Director	$0	$0	$0
Michael Carlin	Director	1.00	Director	$0	$0	$0
James D Dasso	Director	1.00	Director	$0	$0	$0
James Draths	Director	1.00	Director	$0	$0	$0
Michael Ellis	Director	1.00	Director	$0	$0	$0
Bill Galvin	Director	1.00	Director	$0	$0	$0
Sara Granack	Director	1.00	Director	$0	$0	$0
Sr Laura Goedken OP	Director	1.00	Director	$0	$0	$0
Roger P Hickey	Director	1.00	Director	$0	$0	$0
Rob Martin	Director	1.00	Director	$0	$0	$0
Sulema Medrano Novak	Director	1.00	Director	$0	$0	$0
Mark Milliman	Director	1.00	Director	$0	$0	$0
Steve Montross	Director	1.00	Director	$0	$0	$0
Cindy Rourke	Director	1.00	Director	$0	$0	$0
Esmeralda Silva	Director	1.00	Director	$0	$0	$0
Margaret Talbot	Director	1.00	Director	$0	$0	$0
James R Thomas	Director	1.00	Director	$0	$0	$0
Cheyanne Williams	Director	1.00	Director	$0	$0	$0
Preston Kendall	President	N/A	Officer	$0	$0	$239,040
Michael Odiotti	Principal	N/A	Key Emp	$0	$0	$159,730
Viridiana Castrejon	Chief Operating Officer	N/A	Officer	$0	$0	$119,480

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	$2,497,432	$2,497,432	No data	No data

CRSM Work Study Inc