THE ALEXANDER MACOMBER MEMORIAL SCHOLARSHIP TRUST (EIN 042717571) - 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

1980

Legal Domicile

Principal Officer

ROBERT MCGREGOR

Phone

5084004719

Tax Period

2024-01-01 to 2024-12-31

THE ALEXANDER MACOMBER MEMORIAL SCHOLARSHIP TRUST, founded in 1980, is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2024. The organization ran a surplus of $9K, a strong 43% operating margin.

Mission

THE TRUST PROVIDES FINANCIAL ASSISTANCE TO STUDENTS WHO ARE MEMBERS OF THE BETA GAMMA CHAPTER OF ALPHA TAU OMEGA FRATERNITY AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY. DESCENDANTS OF ATO BETA GAMMA ALUMNI WHO ATTEND MIT ARE ALSO ELIGIBLE TO RECEIVE ASSISTANCE.

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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 $9,923

Program Service Revenue $0

Investment Income $11,708

Other Revenue $0

TOTAL REVENUE $21,631

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,042

Other Expenses $2,342

TOTAL EXPENSES $12,342

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,631	$20,480	+0.1%
Expenses	$12,342	$2,356	+4.2%
Net Income	$9,289	$18,124	-0.5%

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

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
JONATHAN VARSANIK	President	1.00	Officer Director	$0	$0	$0
ROBERT MCGREGOR	Treasurer	2.00	Officer Director	$0	$0	$0
ALAN GERSTEIN	Trustee	1.00	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
2024	$21,631	$12,342	$533,980	$9,289
2023	$20,480	$2,356	$520,823	$18,124
2021	$4,308	$23,959	$520,749	$-19,651

THE ALEXANDER MACOMBER MEMORIAL SCHOLARSHIP TRUST