KING-THOMAS SCHOLARSHIP TRUST (EIN 016162280) - 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

2000

Legal Domicile

Phone

2074353661

Tax Period

2024-01-01 to 2024-12-31

KING-THOMAS SCHOLARSHIP TRUST, founded in 2000, is a small nonprofit in the Education sector that reported $121K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $40K, a strong 33% operating margin.

Mission

TO HOLD AND MANAGE ASSETS AND DISTRIBUTE THE EARNINGS AS SCHOLARSHIPS TO GRADUATES OF MSAD 32 WHO WISH TO PURSUE POST-SECONDARY EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $120,990

Other Revenue $0

TOTAL REVENUE $120,990

Expense Breakdown

Grants Paid $80,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,500

Other Expenses $0

TOTAL EXPENSES $80,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,990	$107,978	+0.1%
Expenses	$80,500	$82,000	0.0%
Net Income	$40,490	$25,978	+0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	N/A	Director	$0	$0	$0
SUSAN BEAULIEU	SELECTION CO	N/A	Officer	$0	$0	$0
SARAH BUSHEY	SELECTION CO	N/A	Officer	$0	$0	$0
JOEL HALL	SELECTION CO	N/A	Officer	$0	$0	$0
DAN HODGINS	SELECTION CO	N/A	Officer	$0	$0	$0
LYNWOOD MCHATTEN	SELECTION CO	N/A	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
2025	No data	No data	No data	No data
2024	$120,990	$80,500	$1,600,008	$40,490
2023	$107,978	$82,000	$1,454,599	$25,978
2022	$92,521	$67,765	$1,562,704	$24,756
2021	$93,519	$47,000	$1,677,613	$46,519
2020	$88,684	$66,725	$1,488,574	$21,959
2019	$88,582	$76,200	$1,593,856	$12,382
2018	$82,152	$69,675	$1,480,021	$12,477

KING-THOMAS SCHOLARSHIP TRUST