{"success":true,"data":{"_id":854254020,"filings":[{"Organization":{"value":null,"Person":["KERRY WOODWARD","SEE ATTACHED BOARD MEMBERS LISTING"],"Title":["EXECUTIVE DI","BOARD LIST A"],"Hours":[40.0,0],"Total Compensation":[207236,0],"Direct compensation":[193196,0],"Other compensation":[14040,0]},"Basic":{"value":null,"mission":"Create a high school financial literacy program to combat poverty and wealth inequality.","year":2023,"name":"FINANCIAL SCHOLARS INC","phone":null,"website":"HTTPS://FINANCIALSCHOLARS.ORG/","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"KERRY WOODWARD","year_formation":2020,"state_legal_domicile":"PA","total_volunteers":166,"tax_period_begin":"2023-07-01T00:00:00","tax_period_end":"2024-06-30T00:00:00","address":"201 ROUSE BLVD, PHILADELHIA, PA, 19112, USA","city":"PHILADELHIA","state":"PA","country":"USA","zip_code":19112},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":20,"Number of independent voting members":20,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1102628,"Contributions":{"value":1089710,"Other contributions":1089710,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":12918,"Other total":12918,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":617745,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":466999,"Current officers":207236,"Disqualified persons":0,"Other salaries and wages":255852,"Pension plan contributions":3911,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":150746,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":38057,"Advertising":0,"Office expenses":35738,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":20042,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":13539,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":41620,"AWARDS":18236,"PROGRAM SERVICES":8230,"EVENTS":8185,"MEALS AND FOOD":6969},"All other expenses":1750},"Functional Expenses":{"value":null,"Program Service Expenses":482149,"Management And General Expenses":79219,"Fundraising Expenses":56377}},"Assets":{"value":795632,"Non-interest bearing cash":431925,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":351000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":328,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":12379},"Liabilities":{"value":78418,"Sum of Total Liabilities":0,"Accounts payable, accrued":78418,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":717214,"Net assets without donor restriction":717214,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7804984257258254,"percentile":0.602687037290648},"Fundraising Efficiency":{"score":19.328981676924986,"percentile":0.5890454753613922},"Operating Margin":{"score":0.4397521194818198,"percentile":0.8996773581479449},"Liabilities to Assets Ratio":{"score":0.09856064110040823,"percentile":0.32695093513461254},"Operating Reserve Ratio":{"score":1.2879618612858057,"percentile":0.4954777023595572},"Officer Compensation Ratio":{"score":0.33547175614533503,"percentile":0.15685696103679184},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6662674512616618,"percentile":0.7803346263676202}},"source_xml":"202541049349301304_public.xml"},{"Organization":{"value":null,"Person":["KERRY WOODWARD","SEE ATTACHED BOARD MEMBERS LISTING"],"Title":["EXECUTIVE DI","BOARD LIST A"],"Hours":[40.0,0],"Total Compensation":[167236,0],"Direct compensation":[154236,0],"Other compensation":[13000,0]},"Basic":{"value":null,"mission":"Create a high school financial literacy program to combat poverty and wealth inequalty.","year":2022,"name":"PHILADELPHIA FINANCIAL SCHOLARS","phone":null,"website":"PHILADELPHIA.FINANCIALSCHOLARS.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"KERRY WOODWARD","year_formation":2020,"state_legal_domicile":"PA","total_volunteers":142,"tax_period_begin":"2022-07-01T00:00:00","tax_period_end":"2023-06-30T00:00:00","address":"201 ROUSE BLVD, PHILADELHIA, PA, 19112, USA","city":"PHILADELHIA","state":"PA","country":"USA","zip_code":19112},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":19,"Number of independent voting members":19,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":579823,"Contributions":{"value":568883,"Other contributions":568883,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":10940,"Other total":10940,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":472700,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":380936,"Current officers":380936,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":91764,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":23536,"Advertising":0,"Office expenses":27035,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":4950,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":10165,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":25453,"AWARDS":10569,"EVENTS":7001,"MEALS AND FOOD":5954,"MISCELLANEOUS":1929},"All other expenses":625},"Functional Expenses":{"value":null,"Program Service Expenses":376677,"Management And General Expenses":62401,"Fundraising Expenses":33622}},"Assets":{"value":254005,"Non-interest bearing cash":206554,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":43184,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":4267,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":21674,"Sum of Total Liabilities":0,"Accounts payable, accrued":21674,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":232331,"Net assets without donor restriction":232331,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7968627036175164,"percentile":0.6209704510484721},"Fundraising Efficiency":{"score":16.919963119386118,"percentile":0.5535432609732939},"Operating Margin":{"score":0.18475120855847388,"percentile":0.740394674279691},"Liabilities to Assets Ratio":{"score":0.0853290289561229,"percentile":0.3407581612269412},"Operating Reserve Ratio":{"score":0.537349270150201,"percentile":0.2664567477167222},"Officer Compensation Ratio":{"score":0.35378887243494817,"percentile":0.14336813758121303},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6217130380410174,"percentile":0.6674678719610078}},"source_xml":"202421279349303452_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["KERRY WOODWARD","SEE ATTACHED BOARD MEMBERS LISTING"],"Title":["EXECUTIVE DI","BOARD LIST A"],"Hours":[40.0,0],"Total Compensation":[207236,0],"Direct compensation":[193196,0],"Other compensation":[14040,0]},"Basic":{"value":null,"mission":"Create a high school financial literacy program to combat poverty and wealth inequality.","year":2023,"name":"FINANCIAL SCHOLARS INC","phone":null,"website":"HTTPS://FINANCIALSCHOLARS.ORG/","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"KERRY WOODWARD","year_formation":2020,"state_legal_domicile":"PA","total_volunteers":166,"tax_period_begin":"2023-07-01T00:00:00","tax_period_end":"2024-06-30T00:00:00","address":"201 ROUSE BLVD, PHILADELHIA, PA, 19112, USA","city":"PHILADELHIA","state":"PA","country":"USA","zip_code":19112},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":20,"Number of independent voting members":20,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1102628,"Contributions":{"value":1089710,"Other contributions":1089710,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":12918,"Other total":12918,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":617745,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":466999,"Current officers":207236,"Disqualified persons":0,"Other salaries and wages":255852,"Pension plan contributions":3911,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":150746,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":38057,"Advertising":0,"Office expenses":35738,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":20042,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":13539,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":41620,"AWARDS":18236,"PROGRAM SERVICES":8230,"EVENTS":8185,"MEALS AND FOOD":6969},"All other expenses":1750},"Functional Expenses":{"value":null,"Program Service Expenses":482149,"Management And General Expenses":79219,"Fundraising Expenses":56377}},"Assets":{"value":795632,"Non-interest bearing cash":431925,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":351000,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":328,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":12379},"Liabilities":{"value":78418,"Sum of Total Liabilities":0,"Accounts payable, accrued":78418,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":717214,"Net assets without donor restriction":717214,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7804984257258254,"percentile":0.602687037290648},"Fundraising Efficiency":{"score":19.328981676924986,"percentile":0.5890454753613922},"Operating Margin":{"score":0.4397521194818198,"percentile":0.8996773581479449},"Liabilities to Assets Ratio":{"score":0.09856064110040823,"percentile":0.32695093513461254},"Operating Reserve Ratio":{"score":1.2879618612858057,"percentile":0.4954777023595572},"Officer Compensation Ratio":{"score":0.33547175614533503,"percentile":0.15685696103679184},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6662674512616618,"percentile":0.7803346263676202}},"source_xml":"202541049349301304_public.xml"},"sector":"Education","donation_categories":[],"zakat_policy":null},"error":null}