Project Stay Scholarships To Able Youths (EIN 741603964) - 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

1972

Legal Domicile

Principal Officer

Oscar Hernandez

Phone

2104339307

Tax Period

2023-09-01 to 2024-08-31

Project Stay Scholarships To Able Youths, founded in 1972, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

The organizations purpose is to assist individuals with pursuing a post-secondary 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 (2023)

Revenue Breakdown

Contributions & Grants $1,995,597

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,995,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,620,388

Fundraising Expenses $0

Program Expenses $1,531,290

Other Expenses $372,353

TOTAL EXPENSES $1,992,741

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,995,597	$1,785,843	+0.1%
Expenses	$1,992,741	$1,790,534	+0.1%
Net Income	$2,856	$-4,691	-1.6%

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

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

$251,112

Total Directors

Key Employees

$150,659

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Oscar Hernandez	Executive Director	40.00	Officer	$210,334	$40,778	$251,112
Andre Hernandez	Assistant Director	40.00	Key Emp	$121,661	$28,998	$150,659
John Smith	President	0.00	Director	$0	$0	$0
Ernest Longoria	Vice President	0.00	Director	$0	$0	$0
Richard Silva	Secretary	0.00	Director	$0	$0	$0
Leticia Duncan Brosnan	Board Member	0.00	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	$1,995,597	$1,992,741	$488,359	$2,856
2023	$1,785,843	$1,790,534	$389,510	$-4,691
2022	$1,846,820	$1,844,432	$408,898	$2,388
2021	$1,591,449	$1,589,321	$345,850	$2,128
2020	$1,786,244	$1,782,429	$354,644	$3,815
2019	$1,806,617	$1,806,103	$307,712	$514
2018	$1,615,270	$1,617,516	$316,756	$-2,246

Project Stay Scholarships To Able Youths