HERS-HIGHER EDUCATION RESOURCE SERVICES (EIN 830395730) - 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

2004

Legal Domicile

Principal Officer

GLORIA THOMAS

Phone

3038716866

Tax Period

2023-09-01 to 2024-08-31

HERS-HIGHER EDUCATION RESOURCE SERVICES, founded in 2004, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 33% operating margin.

Mission

HERS IS DEDICATED TO CREATING AND SUSTAINING A DIVERSE COMMUNITY OF LEADERS THROUGH LEADERSHIP DEVELOPMENT PROGRAMS AND OTHER STRATEGIES, WITH A COMMITMENT TO ACHIEVING EQUITY, INCLUSIVITY AND EXCELLENCE IN HIGHER 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 $1,263,072

Program Service Revenue $2,482,257

Investment Income $136,381

Other Revenue $0

TOTAL REVENUE $3,881,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,103,146

Fundraising Expenses $131,731

Program Expenses $1,882,905

Other Expenses $1,482,999

TOTAL EXPENSES $2,586,145

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,881,710	$2,293,634	+0.7%
Expenses	$2,586,145	$2,453,968	+0.1%
Net Income	$1,295,565	$-160,334	-9.1%

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

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

$407,527

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISABELLE CHERNEY	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY KVAAL	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DEBORA JOHNSON-ROSS	DIRECTOR	1.00	Director	$0	$0	$0
CARINE FEYTEN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN HODGE-CLARK	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
SANDRA CASSADY	TREASURER	2.00	Officer Director	$0	$0	$0
BROOKE BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE FUJII	DIRECTOR	1.00	Director	$0	$0	$0
ANTIONETTE MARBRAY	SECRETARY	2.00	Officer Director	$0	$0	$0
NORA MILLER	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN ESTERBERG	DIRECTOR	1.00	Director	$0	$0	$0
BEATRIZ GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
JANN JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA SCOTT-JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
LYNETTE ZELEZNY	DIRECTOR	1.00	Director	$0	$0	$0
SUE BORREGO	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA THOMAS	PRESIDENT	40.00	Officer	$206,828	$15,560	$222,388
SHANNON B LUNDEEN	VICE PRESIDENT	40.00	Officer	$160,329	$24,810	$185,139

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	$3,881,710	$2,586,145	$3,812,778	$1,295,565
2023	$2,293,634	$2,453,968	$2,871,185	$-160,334
2022	$1,973,261	$1,934,518	$2,564,797	$38,743
2021	$1,290,734	$1,393,733	$3,210,400	$-102,999
2020	$1,288,624	$1,654,569	$2,749,702	$-365,945
2019	$1,744,663	$1,819,204	$3,298,315	$-74,541

HERS-HIGHER EDUCATION RESOURCE SERVICES