Honor Society Foundation Inc

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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

2018

Legal Domicile

Principal Officer

Michael Moradian

Phone

8053683689

Tax Period

2021-01-01 to 2021-12-31

Honor Society Foundation Inc, founded in 2018, is a small nonprofit that reported $280K in total revenue in fiscal year 2021. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 67% operating margin.

Mission

Honor Society Foundation is dedicated to providing scholarships for members, educational programming, and preservation of honor society history.

Program Service Accomplishments

Program 1

Expenses: $82,000

The organization provides scholarships to qualifying students throughtout the United States who are members of the Honor Society. By providing these scholarships, it will help those offset the cost...

Program 2

Expenses: $6,938

The organization provides an honor society museum that is open to the general public in order to offer education and awareness regarding honor societies in the United States.

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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 (2021)

Revenue Breakdown

Contributions & Grants $280,140

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $280,140

Expense Breakdown

Grants Paid $82,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,938

Other Expenses $11,448

TOTAL EXPENSES $93,448

Year-over-Year Comparison

	2021	2020	Change
Revenue	$280,140	$124,224	+1.3%
Expenses	$93,448	$146,525	-0.4%
Net Income	$186,692	$-22,301	-9.4%

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

N/A

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
Michael Moradian	President / Treasurer	008.00	Officer Director	$0	$0	$0
Susan Cotton	Director	001.00	Director	$0	$0	$0
Mikal Calvert	Secretary	004.00	Officer 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
2021	$280,140	$93,448	$205,043	$186,692