MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC (EIN 043237355) - 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

1994

Legal Domicile

Principal Officer

TIMOTHY F HAGAN

Phone

9788872323

Tax Period

2024-07-01 to 2025-06-30

MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC, founded in 1994, is a small nonprofit in the Education sector that reported $409K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $158K, a strong 38% operating margin.

Mission

FINANCIAL AID SCHOLARSHIPS TO RESIDENT STUDENTS IN THE REGIONAL DISTRICT WHO ARE GRADUATES OR POTENTIAL GRADUATES OF MASCONOMET REGIONAL HIGH SCHOOL AND ARE ACCEPTED AT A 4-YEAR OR 2-YEAR COLLEGE, TECHNICAL INSTITUTE, SCHOOL OF NURSING OR OTHER EDUCATION PROGRAM BEYOND HIGH SCHOOL.

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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 $317,194

Program Service Revenue $0

Investment Income $89,814

Other Revenue $2,331

TOTAL REVENUE $409,339

Expense Breakdown

Grants Paid $229,900

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $229,900

Other Expenses $21,876

TOTAL EXPENSES $251,776

Year-over-Year Comparison

	2024	2023	Change
Revenue	$409,339	$320,371	+0.3%
Expenses	$251,776	$194,229	+0.3%
Net Income	$157,563	$126,142	+0.2%

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
KATHERINE DINARDO	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JACQUELINE BOLDUC	SECRETARY	4.00	Officer Director	$0	$0	$0
TIMOTHY F HAGAN	TREASURER	4.00	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
2025	$409,339	$251,776	$2,183,668	$157,563
2024	$320,371	$194,229	$1,850,631	$126,142
2023	$225,401	$222,381	$1,618,417	$3,020
2022	$261,055	$201,529	$1,509,400	$59,526
2021	$280,419	$194,483	$1,738,389	$85,936
2020	$201,234	$197,881	$1,483,480	$3,353
2019	$206,079	$203,870	$1,453,764	$2,209

MASCONOMET REGIONAL SCHOLARSHIP FOUNDATION INC