Sladek Scholarship Trust

EIN: 901038894 501(c)(3)

Phoenix, AZ

Total Revenue
$463,250
Total Expenses
$1,361,764
Total Assets
$6,838
Net Assets
$6,838
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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
2010
Legal Domicile
AZ
Principal Officer
HARVEY FINKS
Phone
6029560980
Tax Period
2020-01-01 to 2020-12-31

Sladek Scholarship Trust, founded in 2010, is a small nonprofit that reported $463K in total revenue in fiscal year 2020. Revenue surged 1773% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 194% operating deficit.

Mission

TO GRANT SCHOLARSHIPS FOR 10 YEARS TO GRADUATING SENIORS OF PEORIA HIGH SCHOOL IN PEORIA, ARIZONA, AND, IF INCOME IS SUFFICIENT, DYSART HIGH SCHOOL IN EL MIRAGE, ARIZONA, TO ATTEND A UNIVERSITY IN ARIZONA AND, AFTER 10 YEARS, TO PAY THE TRUST BALANCE TO ARIZONA STATE UNIVERSITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $463,250
Other Revenue $0
TOTAL REVENUE $463,250

Expense Breakdown

Grants Paid $1,358,963
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,358,963
Other Expenses $2,801
TOTAL EXPENSES $1,361,764

Year-over-Year Comparison

2020 2019 Change
Revenue $463,250 $24,737 +17.7%
Expenses $1,361,764 $3,711 +366.0%
Net Income $-898,514 $21,026 -43.7%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harry Papp Trustee 1.00
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
2020 $463,250 $1,361,764 $6,838 $-898,514
2019 $24,737 $3,711 $905,352 $21,026
2018 $190,649 $9,961 $884,326 $180,688
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