HEALTH SCHOLARSHIPS INC (EIN 581805305) - 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

1988

Legal Domicile

Principal Officer

TERESA W MOODY

Phone

4786212100

Tax Period

2024-07-01 to 2025-06-30

HEALTH SCHOLARSHIPS INC, founded in 1988, is a major nonprofit in the Education sector that reported $349.4M in total revenue in fiscal year 2024.

Mission

THE DEVELOPMENT, CONSTRUCTION, ACQUISITION, OWNERSHIP, LEASING, MANAGEMENT AND OPERATION OF SKILLED HEALTHCARE FACILITIES.

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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 $2,742,041

Program Service Revenue $346,013,303

Investment Income $671,514

Other Revenue $0

TOTAL REVENUE $349,426,858

Expense Breakdown

Grants Paid $23,419,359

Salaries & Benefits $196,351,403

Fundraising Expenses $0

Program Expenses $369,654,350

Other Expenses $149,883,588

TOTAL EXPENSES $369,654,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,426,858	$328,429,401	+0.1%
Expenses	$369,654,350	$319,041,539	+0.2%
Net Income	$-20,227,492	$9,387,862	-3.2%

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

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

6485

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

$590,595

Total Directors

$384,292

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RALPH WARNOCK	DIRECTOR	1.00	Director	$0	$38,417	$336,292
KIMBERLY SHEFFIELD	PRESIDENT	4.00	Officer	$0	$36,973	$321,297
TERESA W MOODY	SECRETARY	4.00	Officer	$0	$35,637	$269,298
ADETUTU ADEKOYA	ASSIST DIREC	40.00	Highest	$172,056	$24,916	$196,972
KELLY BURNETT	ADMINISTRATO	40.00	Highest	$160,347	$28,033	$188,380
CHERYL BLOODWORTH	ADMINISTRATO	40.00	Highest	$160,421	$24,298	$184,719
TINA LANE	ADMINISTRATO	40.00	Highest	$155,751	$23,172	$178,923
ANDREA HOWARD	ADMINISTRATO	40.00	Highest	$155,613	$23,173	$178,786
KATHRYN DENNIS	CHAIRMAN	1.00	Director	$0	$0	$24,000
JOSEPH A WALL	DIRECTOR	1.00	Director	$0	$0	$24,000
PAUL A CABLE	DIRECTOR	0.00		$0	$0	$24,000

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
2025	$349,426,858	$369,654,350	$67,830,276	$-20,227,492
2024	$328,429,401	$319,041,539	$77,648,317	$9,387,862
2023	$208,458,303	$230,268,554	$75,774,127	$-21,810,251
2022	$236,618,214	$240,898,928	$36,353,533	$-4,280,714
2021	$230,146,898	$233,944,984	$60,823,057	$-3,798,086
2020	$252,984,379	$247,890,435	$56,857,114	$5,093,944
2019	$251,010,001	$253,071,152	$64,711,290	$-2,061,151
2018	$248,483,987	$250,205,021	$63,605,680	$-1,721,034
2018	$248,483,987	$250,205,021	$63,605,680	$-1,721,034

HEALTH SCHOLARSHIPS INC