WALPOLE SCHOLARSHIP FOUNDATION INC (EIN 042794495) - 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

1983

Legal Domicile

Principal Officer

JEFF DELLEO

Phone

5082455799

Tax Period

2024-01-01 to 2024-12-31

WALPOLE SCHOLARSHIP FOUNDATION INC, founded in 1983, is a small nonprofit that reported $558K in total revenue in fiscal year 2024. Revenue surged 481% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 38% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO AID AND ENCOURAGE WALPOLE RESIDENTS TO OBTAIN POST SECONDARY CULTURAL, VOCATIONAL, OR PROFESSIONAL EDUCATION THROUGH RESIDENTIAL AND BUSINESS MAIL CAMPAIGNS AND A FUNDRAISING EVENT.

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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 $226,107

Program Service Revenue $0

Investment Income $319,657

Other Revenue $12,672

TOTAL REVENUE $558,436

Expense Breakdown

Grants Paid $298,000

Salaries & Benefits $0

Fundraising Expenses $8,356

Program Expenses $301,500

Other Expenses $47,568

TOTAL EXPENSES $345,568

Year-over-Year Comparison

	2024	2023	Change
Revenue	$558,436	$96,063	+4.8%
Expenses	$345,568	$260,709	+0.3%
Net Income	$212,868	$-164,646	-2.3%

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

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
WALSH ANN	PRESIDENT	2.00	Officer Director	$0	$0	$0
DELLEO JEFF	TREASURER	2.00	Officer Director	$0	$0	$0
BURKE BJ	FINANCIAL SECRETARY	2.00	Officer Director	$0	$0	$0
CORSO MARIO	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
COX JESSICA	SECRETARY	2.00	Officer Director	$0	$0	$0
BENT DAVID	TRUSTEE	0.50	Director	$0	$0	$0
CESARIO DAN	TRUSTEE	0.50	Director	$0	$0	$0
FLOWERS ANDREW	TRUSTEE	0.50	Director	$0	$0	$0
HAUGE JAMIE	TRUSTEE	0.50	Director	$0	$0	$0
HINTON PATRICK	TRUSTEE	0.50	Director	$0	$0	$0
LYNCH DENISE	TRUSTEE	0.50	Director	$0	$0	$0
MCANDREW JENNIFER	TRUSTEE	0.50	Director	$0	$0	$0
MCCABE MEREDITH	TRUSTEE	0.50	Director	$0	$0	$0
MCGRATH MIKE	TRUSTEE	0.50	Director	$0	$0	$0
NANNICELLI THOMAS	TRUSTEE	0.50	Director	$0	$0	$0
STREET JEANEAN	TRUSTEE	0.50	Director	$0	$0	$0
WISHART DAVE	TRUSTEE	0.50	Director	$0	$0	$0
VERZINO MIKE	TRUSTEE	0.50	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	$558,436	$345,568	$4,437,897	$212,868
2023	$96,063	$260,709	$4,188,096	$-164,646
2022	$228,377	$255,845	$3,987,385	$-27,468
2021	$360,858	$242,718	$4,664,497	$118,140
2020	$1,732,782	$237,936	$4,401,327	$1,494,846
2019	$213,693	$233,854	$4,279,386	$-20,161
2018	$451,955	$235,135	$3,311,130	$216,820

WALPOLE SCHOLARSHIP FOUNDATION INC