SUN SCHOLARS INC

EIN: 843452250 501(c)(3) Education

Hartford, CT

Total Revenue
$450,377
Total Expenses
$458,885
Total Assets
$137,969
Net Assets
$137,969
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CT
Principal Officer
Christopher Scott
Tax Period
2023-01-01 to 2023-12-31

SUN SCHOLARS INC, founded in 2019, is a small nonprofit in the Education sector that reported $450K in total revenue in fiscal year 2023.

Mission

SUN Scholars is committed to improving educational equity and college graduation rates for those who have experienced foster care or adoption.

Program Service Accomplishments

Program 1
Expenses: $445,784 Revenue: $344,727

SUN Scholars Inc. received a provider contract from the Department of Children & Families to support up to 60 foster and adoptive youth pursuing college and career goals. While only 3 percent of...

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SUN Scholars Inc. received a provider contract from the Department of Children & Families to support up to 60 foster and adoptive youth pursuing college and career goals. While only 3 percent of foster and adopted youth graduate college our program has shown a proven track record of having a graduation rate of over 30%. Additionally we launched our innovation lab in 2023 which serves to add additional supports for career development.

Program 2
Expenses: $13,103 Revenue: $1,545

Following the tragic passing of Robert and Anthony Dudchik of whom Rob was one of our students the Dudchik family and SUN Scholars Inc. establishd this program to memoralize the two brothers and...

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Following the tragic passing of Robert and Anthony Dudchik of whom Rob was one of our students the Dudchik family and SUN Scholars Inc. establishd this program to memoralize the two brothers and provide travel experiences to foster and adopted youth ages 18-24 involved with SUN Scholars Inc.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $104,105
Program Service Revenue $344,727
Investment Income $1,545
Other Revenue $0
TOTAL REVENUE $450,377

Expense Breakdown

Grants Paid $29,575
Salaries & Benefits $293,395
Fundraising Expenses $0
Program Expenses $458,887
Other Expenses $135,915
TOTAL EXPENSES $458,885

Year-over-Year Comparison

2023 2022 Change
Revenue $450,377 $455,681 0.0%
Expenses $458,885 $337,461 +0.4%
Net Income $-8,508 $118,220 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
12
$11,559
Key Employees
5
$213,707
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lino Pena Martinez President Board of Directors 1.00
Officer Director
$0 $0 $0
Tony Lodge Vice President Board of Directors 1.00
Officer Director
$0 $0 $0
Ria Esteves Board of Directors 1.00
Director
$400 $0 $400
Nicole Elsinger Treasurer Board of Directors 1.00
Officer Director
$0 $0 $0
Steve Hernandez Board of Directors 1.00
Director
$0 $0 $0
Jeff Blanchette Board of Director 1.00
Director
$0 $0 $0
Nate Okpych Board of Director 1.00
Director
$0 $0 $0
Lexie Gruber Board of Director 1.00
Director
$0 $0 $0
Wyatt Bosworth Board of Director 1.00
Director
$0 $0 $0
Jahmil Effend Board of Directors 1.00
Director
$0 $0 $0
Justin Abbasi Board of Director 1.00
Director
$0 $0 $0
Tyler Fabian Secretary 10.00
Director
$11,159 $0 $11,159
Whitney Rodriguez Student Support Coordinator 40.00
Key Emp
$46,888 $0 $46,888
Alan Abutin Student Support Coordinator 40.00
Key Emp
$45,156 $0 $45,156
Christopher Scott Executive Director 60.00
Key Emp Highest
$73,886 $0 $73,886
Danaija Lewis Student Support coordinator 40.00
Key Emp
$35,902 $0 $35,902
Megan Butler Curriculum Fellow 10.00
Key Emp
$11,875 $0 $11,875
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 No data No data No data No data
2023 $450,377 $458,885 $137,969 $-8,508
2022 $455,681 $337,461 $483,938 $118,220
2021 $286,319 $261,580 $288,142 $24,739
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