Scholar Fund (EIN 813153433) - 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

2016

Legal Domicile

Principal Officer

David Coven

Phone

2067243547

Tax Period

2023-01-01 to 2023-12-31

Scholar Fund, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $45.3M in total revenue in fiscal year 2023. Revenue surged 612% from the prior year, signaling strong growth momentum.

Mission

To cultivate and establish a positive impact. We primarily accomplish this by connecting community needs to resources and opportunities.

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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 $547,719

Program Service Revenue $44,724,568

Investment Income $4,712

Other Revenue $0

TOTAL REVENUE $45,276,999

Expense Breakdown

Grants Paid $39,151,442

Salaries & Benefits $3,768,148

Fundraising Expenses $3,583

Program Expenses $43,048,483

Other Expenses $2,806,320

TOTAL EXPENSES $45,725,910

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,276,999	$6,361,050	+6.1%
Expenses	$45,725,910	$6,106,819	+6.5%
Net Income	$-448,911	$254,231	-2.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Coven	CEO	40.00		$270,400	$0	$270,400
Brent Schroeter	Director of Engineering	40.00		$195,011	$0	$195,011
Malachi Williams	Director of Operations	40.00		$175,160	$0	$175,160
Mayzie Meng	Senior Software Engineer	40.00		$159,519	$0	$159,519
Maria Alejandra Perez Guzman	Director of Education Strategy	40.00		$136,021	$0	$136,021
Princess Shareef	Chairman	1.00	Officer Director	$0	$0	$0
Eileen Robison	Secretary	1.00	Officer Director	$0	$0	$0
Ana M Cauce	Director	1.00	Director	$0	$0	$0
Paul Gentsch	Treasurer	1.00	Officer Director	$0	$0	$0
Rachel Lauter	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
2023	$45,276,999	$45,725,910	$5,238,927	$-448,911
2022	$6,361,050	$6,106,819	$17,258,076	$254,231
2021	$28,113,287	$26,734,697	$5,638,279	$1,378,590
2020	$15,143,479	$13,445,352	$2,443,097	$1,698,127

Scholar Fund