LOCAL 417 SCHOLARSHIP FUND (EIN 030586692) - 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

2005

Legal Domicile

Principal Officer

MATTHEW STODDARD

Phone

8455668417

Tax Period

2023-07-01 to 2024-06-30

LOCAL 417 SCHOLARSHIP FUND, founded in 2005, is a micro nonprofit in the Education sector that reported $31K in total revenue in fiscal year 2023. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $42K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO PROVIDE EDUCATIONAL SCHOLARSHIP ASSISTANCE TO MEMBERS OF LOCAL 417 AND THEIR FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,942

Investment Income $3

Other Revenue $20,843

TOTAL REVENUE $30,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,550

Other Expenses $2,898

TOTAL EXPENSES $42,398

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,788	$16,075	+0.9%
Expenses	$42,398	$32,745	+0.3%
Net Income	$-11,610	$-16,670	-0.3%

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

$599,181

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW STODDARD	TRUSTEE	2.00	Director	$0	$59,185	$296,635
MICHAEL DUNN	TRUSTEE	N/A	Director	$0	$59,379	$296,230
KEITH EISGRUBER	TRUSTEE	N/A	Director	$0	$0	$6,316
JOHN MCGUIRE	TRUSTEE	N/A	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	$30,788	$42,398	$223,669	$-11,610
2023	$16,075	$32,745	$254,928	$-16,670
2022	$22,536	$3,960	$222,449	$18,576
2021	$32,856	$28,550	$221,248	$4,306
2020	$17,321	$20,813	$234,227	$-3,492
2019	$47,082	$12,677	$214,309	$34,405
2018	$33,564	$25,620	$179,870	$7,944

LOCAL 417 SCHOLARSHIP FUND