ANSWER Scholarship Inc (EIN 810834789) - 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

2015

Legal Domicile

Phone

7045441988

Tax Period

2023-07-01 to 2024-06-30

ANSWER Scholarship Inc, founded in 2015, is a small nonprofit in the Human Services sector that reported $245K in total revenue in fiscal year 2023. Expenses of $299K exceeded revenue, resulting in a 22% operating deficit.

Mission

To mentor and prepare mothers of school-age children to achieve a college education and inspire them to be role models of academic, personal, and professional success for their children.

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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 $234,363

Program Service Revenue $0

Investment Income $268

Other Revenue $10,703

TOTAL REVENUE $245,334

Expense Breakdown

Grants Paid $67,738

Salaries & Benefits $182,800

Fundraising Expenses $90,779

Program Expenses $161,859

Other Expenses $48,934

TOTAL EXPENSES $299,472

Year-over-Year Comparison

	2023	2022	Change
Revenue	$245,334	$230,287	+0.1%
Expenses	$299,472	$280,957	+0.1%
Net Income	$-54,138	$-50,670	+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

$37,433

Total Directors

$37,433

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Andersen	Executive Dir.	35.00	Officer Director	$30,250	$7,183	$37,433
Brian Wallace	Chairman	1.00	Officer Director	$0	$0	$0
LaWanda Goodman	Director	1.00	Director	$0	$0	$0
Tani Seymore	Treasurer	2.00	Officer Director	$0	$0	$0
Felix Nater	Director	1.00	Director	$0	$0	$0
Lori Meyers	Director	1.00	Director	$0	$0	$0
Paula Goolkasian	Director	1.00	Director	$0	$0	$0
Sharon Townsend	Director	1.00	Director	$0	$0	$0
Gwyndolan Swain	Director	1.00	Director	$0	$0	$0
Bill Girone	Director	1.00	Director	$0	$0	$0
Pam Sanders-Marsh	Director	1.00	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	No data	No data	No data	No data
2024	$245,334	$299,472	$182,105	$-54,138
2023	$230,287	$280,957	$227,507	$-50,670
2022	$195,150	$184,045	$190,253	$11,105

ANSWER Scholarship Inc