Scholars Forward Foundation Inc
Nonprofit profile at a glance
- EIN
- 923862920
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2024
- Location
- San Diego, CA, USA
- Phone
- 6192886215
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $9,828
- Expenses
- $2,533
- Assets
- $8,320
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- VANESSA HERNANDEZ (EXECUTIVE DIRECTOR AND FOUNDER)
People named in this filing
- VANESSA HERNANDEZ (EXECUTIVE DIRECTOR AND FOUNDER)
- EDITH SANCHEZ CRUZ (CHAIR OF THE BOARD)
- GRACE LUNA (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The scholars forward foundation was built on lived experience with a vision of decreasing financial burdens for students living in underserved communities desiring advanced learning. I hope my story inspires others to support our future agents of change vanessa hernandez, founder
What it reported doing in 2024
The scholars forward foundation was built on lived experience with a vision of decreasing financial burdens for students living in underserved communities desiring advanced learning. I hope my story inspires others to support our future agents of change vanessa hernandez founder
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 82
- Sustainability: 74
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.9%; rating input score 16
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 74.2%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 3.28; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 162.3% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 156.2% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 15.9% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.