FUNDACION SCHOLAS OCCURRENTES - USA (EIN 845101258) - 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

2019

Legal Domicile

Principal Officer

MARIA JIMENA FLOREZ

Phone

6463398872

Tax Period

2024-01-01 to 2024-12-31

FUNDACION SCHOLAS OCCURRENTES - USA, founded in 2019, is a small nonprofit that reported $319K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $505K exceeded revenue, resulting in a 58% operating deficit.

Mission

SCHOLAS USA IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT CORPORATION LAW OF CALIFORNIA ("CALIFORNIA NONPROFIT CORPORATION LAW") FOR PUBLIC AND CHARITABLE PURPOSES. THE GENERAL PURPOSES OF SCHOLAS USA SHALL BE THE IMPLEMENTATION OF PROGRAMS PROMOTING UNIVERSAL VALUES AND MAKING EDUCATIONAL SYSTEM MORE INCLUSIVE AND PLURAL. SCHOLAS USA SHALL PROMOTE AND IMPROVE EDUCATION WITH A FOCUS ON UNDERPRIVILEGED SECTORS TO ENCOURAGE INDIVIDUALS AND COMMUNITIES TO DEVELOP IN LINE WITH THEIR CULTURE, FAITH, CROSS-CULTURAL UNIVERSAL VALUES, AND RESPECT FOR THE ENVIRONMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $319,223

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $319,223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,399

Fundraising Expenses $101,150

Program Expenses $314,540

Other Expenses $319,293

TOTAL EXPENSES $504,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$319,223	$371,765	-0.1%
Expenses	$504,692	$167,150	+2.0%
Net Income	$-185,469	$204,615	-1.9%

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

$78,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTHA BARRENECHE	EXECUTIVE DIRECTOR	40	Officer	$78,000	$0	$78,000
JOHN BAILEY	PRESIDENT	1.5	Officer Director	$0	$0	$0
DARIO WERTHEIN	SECRETARY	1.5	Officer Director	$0	$0	$0
GIULIA D'AMICO	TREASURER	1.5	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
2024	$319,223	$504,692	$21,146	$-185,469
2023	$371,765	$167,150	$206,615	$204,615

FUNDACION SCHOLAS OCCURRENTES - USA