BRIGHTHOUSE SCHOLAR CONNECTIONS INC (EIN 881318179) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

CURTIS SAMUELS

Phone

9809493467

Tax Period

2024-01-01 to 2024-12-31

BRIGHTHOUSE SCHOLAR CONNECTIONS INC, founded in 2022, is a small nonprofit in the Education sector that reported $245K in total revenue in fiscal year 2024. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

THE MISSION OF BRIGHTHOUSE SCHOLAR CONNECTIONS ("SCHOLARS") IS TO EXPAND EDUCATIONAL OPPORTUNITIES IN HIGHER EDUCATION FOR STUDENTS WHO ARE MEMBERS OF HISTORICALLY UNDERREPRESENTED OR DISADVANTAGED POPULATIONS DUE TO RACE, ETHNICITY, SOCIOECONOMIC STATUS, OR SIMILAR FACTORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $241,844

Program Service Revenue $0

Investment Income $0

Other Revenue $2,680

TOTAL REVENUE $244,524

Expense Breakdown

Grants Paid $120,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,553

Other Expenses $79,861

TOTAL EXPENSES $199,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$244,524	$230,265	+0.1%
Expenses	$199,861	$155,445	+0.3%
Net Income	$44,663	$74,820	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CURTIS SAMUELS	DIRECTOR, PRESIDENT	20.00	Officer Director	$0	$0	$0
LYNN DUMAIS	DIRECTOR, TREASURER	6.00	Officer Director	$0	$0	$0
ANTONIO GEORGE	DIRECTOR	1.00	Director	$0	$0	$0
CLARA MUHAMMAD	DIRECTOR	1.00	Director	$0	$0	$0
ERIC STEIGERWALT	DIRECTOR, CHAIR	1.00	Director	$0	$0	$0
VONDA HUSS	DIRECTOR	2.00	Director	$0	$0	$0
ANDREIA GRADDICK DAHI	VICE PRESIDENT	30.00	Officer	$0	$0	$0
CHRISTOPHER HARTSFIELD	GENERAL COUNSEL & SECRETARY	6.00	Officer	$0	$0	$0
DANA LADDEN	GENERAL COUNSEL	3.00	Officer	$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	$244,524	$199,861	$402,115	$44,663
2023	$230,265	$155,445	$366,283	$74,820
2022	$257,500	$22,806	$257,500	$234,694
2022	$257,500	$22,806	$257,500	$234,694

BRIGHTHOUSE SCHOLAR CONNECTIONS INC