SALEM ROTARY CLUBVANCE SMITH III SCHOLARSHIP FOUNDATION INC (EIN 043168434) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

CHRISTOPHER T CASEY

Phone

9787413888

Tax Period

2023-07-01 to 2024-06-30

SALEM ROTARY CLUBVANCE SMITH III SCHOLARSHIP FOUNDATION INC, founded in 1992, is a small nonprofit in the Education sector that reported $190K in total revenue in fiscal year 2023. The organization ran a surplus of $150K, a strong 79% operating margin.

Mission

PROVIDE SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $39,250

Program Service Revenue $0

Investment Income $27,930

Other Revenue $122,827

TOTAL REVENUE $190,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,929

Other Expenses $39,929

TOTAL EXPENSES $39,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,007	N/A	N/A
Expenses	$39,929	N/A	N/A
Net Income	$150,078	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CHRISTOPHER T CASEY	CLERK	2.00	Officer Director	$0	$0	$0
TIMOTHY CLARK	DIRECTOR	2.00	Director	$0	$0	$0
JOHN P FISHER	DIRECTOR	2.00	Director	$0	$0	$0
ROB LUTTS	TREASURER	2.00	Officer Director	$0	$0	$0
BRUCE WHEAR	PRESIDENT	2.00	Officer 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	$190,007	$39,929	$1,275,925	$150,078
2023	$126,356	$36,763	$1,125,846	$89,593
2022	$74,177	$225,522	$1,036,254	$-151,345
2021	$291,015	$33,135	$1,187,599	$257,880
2020	$62,188	$454	$929,719	$61,734
2019	$138,030	$26,651	$867,985	$111,379

SALEM ROTARY CLUBVANCE SMITH III SCHOLARSHIP FOUNDATION INC