PHILADELHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FINANCIAL SCHOLARS INC, founded in 2020, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $485K, a strong 44% operating margin.
THE MISSION OF FINANCIAL SCHOLARS, INC. IS TO COMBAT POVERTY AND WEALTH INEQUALITY IN PHILADELPHIA BY SUPPORTING AND PROVIDING FINANCIAL LITERACY AND ENTREPRENEURSHIP EDUCATION TO PHILADELPHIA HIGH SCHOOL STUDENTS AND THEIR FAMILIES.
FINANCIAL SCHOLARS, INC. IMPLEMENTS FOUR INNOVATIVE EDUCATIONAL STRATEGIES TO PROVIDE PHILADELPHIA HIGH SCHOOL STUDENTS AND FAMILIES WITH THE TOOLS NEEDED TO GENERATE GREATER WEALTH AND ACHIEVE...
FINANCIAL SCHOLARS, INC. IMPLEMENTS FOUR INNOVATIVE EDUCATIONAL STRATEGIES TO PROVIDE PHILADELPHIA HIGH SCHOOL STUDENTS AND FAMILIES WITH THE TOOLS NEEDED TO GENERATE GREATER WEALTH AND ACHIEVE FINANCIAL EMPOWERMENT. THE COMPONENTS OF THE STRATEGY INCLUDE: 1) IN-CLASS PERSONAL FINANCE & ENTREPRENEURSHIP THE CORE OF THE ORGANIZATIONS SERVICES BASED ON A HIGH-QUALITY, STANDARDS-ALIGNED, EVIDENCE-BASED CURRICULUM (NEXTGENPERSONALFINANCE, WHICH HAS BEEN PROVEN SUCCESSFUL AT 1,500 SCHOOLS NATIONWIDE) AND 30 HOURS OF ACT 48-APPROVED PAID PROFESSIONAL DEVELOPMENT FOR PARTICIPATING TEACHERS TO SUPPORT A NEW HIGH SCHOOL ELECTIVE CLASS CALLED PERSONAL FINANCE & ENTREPRENEURSHIP. THIS ASPECT OF OUR PROGRAM IS FULLY INTEGRATED WITH THE INSTRUCTIONAL PROGRAM OF OUR PUBLIC SCHOOL PARTNERS AND YIELDED 61% GROWTH IN PARTICIPATING STUDENTS' FINANCIAL KNOWLEDGE; 2) ENTREPRENEURSHIP AND INVESTING ENRICHMENT PROGRAMS THAT MOBILIZE CORPORATE VOLUNTEERS TO SUPPORT STUDENTS IN SMALL GROUP SETTINGS IN PREPARATION FOR CITYWIDE COMPETITIONS. THIS ASPECT OF OUR PROGRAM IS OFFERED AFTER PUBLIC SCHOOL HOURS AS AN EXTENSION OF THE PUBLIC SCHOOL DAY AND INCLUDED MOBILIZATION OF OVER 166 VOLUNTEERS DURING THE 2023-24 SCHOOL YEAR; 3) SUMMER BUSINESS INCUBATOR AND EXPERIENCESHIP PROGRAMMING THAT AWARDS TOP HIGH SCHOOL STUDENTS WITH A PAID SUMMER EMPLOYMENT OPPORTUNITY AT A UNIVERSITY-HOSTED BUSINESS INCUBATOR OR CORPORATE OFFICE SITE TO DEEPEN THEIR LEARNING. THIS ASPECT OF OUR PROGRAM REPRESENTS A WORK-BASED LEARNING OPPORTUNITIES FOR A STUDENT THAT SUPPLEMENTS THE CURRICULUM AND ACADEMIC PROGRAM OF A STUDENT AND PROVIDES A STUDENT WITH THE OPPORTUNITY TO APPLY THE KNOWLEDGE AND SKILLS LEARNED IN THE ACADEMIC PROGRAM. 4) FINANCIAL EMPOWERMENT WORKSHOPS FOR ADULTS IN SCHOOL COMMUNITIES: PARTICIPANTS COMPLETE SIX HOURS OF FINANCIAL INSTRUCTION, RECEIVING A 250 CONTRIBUTION TOWARD THEIR CHILD'S 529 PLAN IF THEY ATTEND ALL 6 HOUR-LONG SESSIONS. 100% OF SURVEYED PARTICIPANTS SAID THAT THEY WOULD RECOMMEND THE WORKSHOPS TO A FRIEND.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,102,628 | $579,823 | +0.9% |
| Expenses | $617,745 | $472,700 | +0.3% |
| Net Income | $484,883 | $107,123 | +3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KERRY WOODWARD | EXECUTIVE DI | 40.00 |
Key Emp
|
$193,196 | $14,040 | $207,236 |
| SEE ATTACHED BOARD MEMBERS LISTING | BOARD LIST A | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,102,628 | $617,745 | $795,632 | $484,883 |
| 2023 | $579,823 | $472,700 | $254,005 | $107,123 |
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