INNER-CITY SCHOLARSHIP INC (EIN 931229041) - 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

1996

Legal Domicile

Principal Officer

FREDERIC H CLARK

Phone

8584591930

Tax Period

2022-07-01 to 2023-06-30

INNER-CITY SCHOLARSHIP INC, founded in 1996, is a small nonprofit in the Education sector that reported $209K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 44% operating margin.

Mission

GRANT SCHOLARSHIPS TO CHILDREN TO PRIVATE SCHOOLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $179,119

Program Service Revenue $0

Investment Income $29,992

Other Revenue $0

TOTAL REVENUE $209,111

Expense Breakdown

Grants Paid $115,593

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $116,696

Other Expenses $2,111

TOTAL EXPENSES $117,704

Year-over-Year Comparison

	2022	2021	Change
Revenue	$209,111	$165,325	+0.3%
Expenses	$117,704	$135,426	-0.1%
Net Income	$91,407	$29,899	+2.1%

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

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

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
FREDERIC CLARK	DIRECTOR AND PRESIDENT	2.00	Officer Director	$0	$0	$0
MARGARET NOLAN	DIRECTOR AND SECRETARY	1.00	Officer Director	$0	$0	$0
VINCENT LUCAS	DIRECTOR AND TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$209,111	$117,704	$1,165,511	$91,407
2022	$165,325	$135,426	$1,074,104	$29,899
2021	$170,844	$124,312	$1,044,205	$46,532
2020	$180,792	$115,068	$997,673	$65,724
2019	$155,485	$96,697	$931,948	$58,788
2018	$146,792	$42,054	$873,160	$104,738

INNER-CITY SCHOLARSHIP INC