KEVIN T MCHUGH MEMORIAL SCHOLARSHIP FUND INC (EIN 020485762) - 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

1995

Legal Domicile

Principal Officer

JP HARRIS

Phone

6036682910

Tax Period

2020-01-01 to 2020-12-31

KEVIN T MCHUGH MEMORIAL SCHOLARSHIP FUND INC, founded in 1995, is a micro nonprofit that reported $18K in total revenue in fiscal year 2020. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $101K exceeded revenue, resulting in a 461% operating deficit.

Mission

TO PROVIDE FINANCIAL AID TO QUALIFIED TRINITY HIGH SCHOOL STUDENTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $6,145

Program Service Revenue $0

Investment Income $11,779

Other Revenue $0

TOTAL REVENUE $17,924

Expense Breakdown

Grants Paid $100,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,500

Other Expenses $100

TOTAL EXPENSES $100,600

Year-over-Year Comparison

	2020	2019	Change
Revenue	$17,924	$53,275	-0.7%
Expenses	$100,600	$70,575	+0.4%
Net Income	$-82,676	$-17,300	+3.8%

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
JP HARRIS	PRESIDENT	1.00	Officer	$0	$0	$0
LEA MCHUGH	TREASURER	2.00	Officer	$0	$0	$0
FG BRIGGS JR	ASST. TREASU	0.50	Officer	$0	$0	$0
BRENT KILEY	SECRETARY	0.30	Officer	$0	$0	$0
STEVE GADECKI	TRUSTEE	0.30	Director	$0	$0	$0
KATHERINE KITTLE	TRUSTEE	0.30	Director	$0	$0	$0
BRIAN MCHUGH	TRUSTEE	0.30	Director	$0	$0	$0
WILLIAM SHEEHAN	TRUSTEE	0.30	Director	$0	$0	$0
DAVID WENGER	TRUSTEE	0.30	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	$17,924	$100,600	$123,091	$-82,676

KEVIN T MCHUGH MEMORIAL SCHOLARSHIP FUND INC