THE INSTITUTE OF STUDENT FINANCIAL AID & ADMINISTRATIVE SERVICES INC (EIN 582248174) - 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

1996

Legal Domicile

Principal Officer

JAMES CLAUSELL

Phone

4042888117

Tax Period

2023-01-01 to 2023-12-31

THE INSTITUTE OF STUDENT FINANCIAL AID & ADMINISTRATIVE SERVICES INC, founded in 1996, is a small nonprofit in the Education sector that reported $525K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $149K, a strong 28% operating margin.

Mission

TO TRAIN, INFORM AND DIRECT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS') AND THE PUBLIC IN ALL AREAS OF STUDENT FINANCIAL AID LAWS AND REGULATIONS. TO ASSIST AND HELP OTHER NON-PROFIT ORGANIZATIONS IN UNDERSTANDING AND MAINTAINING SOUND INTERNAL FINANCIAL CONTROLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $530,871

Program Service Revenue $0

Investment Income $-5,634

Other Revenue $0

TOTAL REVENUE $525,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,459

Fundraising Expenses $0

Program Expenses $92,300

Other Expenses $334,501

TOTAL EXPENSES $375,960

Year-over-Year Comparison

	2023	2022	Change
Revenue	$525,237	$700,786	-0.3%
Expenses	$375,960	$563,578	-0.3%
Net Income	$149,277	$137,208	+0.1%

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

Volunteers

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

$6,000

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON CLAUSELL	DIRECTOR/TRE	20.00	Officer Director	$6,000	$0	$6,000
JAMES CLAUSELL	CHAIRMAN	20.00	Officer Director	$0	$0	$0
LEROY CLAUSELL	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY DIXON	SECRETARY	5.00	Officer Director	$0	$0	$0
CARL GAMBLE	DIRECTOR	1.00	Director	$0	$0	$0
BESSIE HALSEY	DIRECTOR	2.00	Director	$0	$0	$0
JAMES CLAUSELL JR	VICE CHAIR	10.00	Officer Director	$0	$0	$0
MITCH MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WELLS	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$525,237	$375,960	$8,637,576	$149,277
2022	$700,786	$563,578	$7,775,152	$137,208
2021	$720,027	$502,524	$8,593,337	$217,503
2020	$660,977	$639,537	$7,409,348	$21,440
2019	$515,496	$381,652	$7,025,211	$133,844
2018	$474,174	$571,894	$6,763,011	$-97,720

THE INSTITUTE OF STUDENT FINANCIAL AID & ADMINISTRATIVE SERVICES INC