North Andover, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)North Andover Scholarship Foundation Inc, founded in 1995, is a small nonprofit in the Education sector that reported $185K in total revenue in fiscal year 2023. Revenue surged 154% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 54% operating margin.
To provide scholarships to graduating high school students residing in No. Andover who plan to attend college or are pursuing other post-secondary education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $184,940 | $72,767 | +1.5% |
| Expenses | $84,770 | $78,069 | +0.1% |
| Net Income | $100,170 | $-5,302 | -19.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ken Connolly | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Sunit Mukherjee | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| David Boudreau | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Tony Conti | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Karen Carroll | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Naga Donti | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Matt Ginsburg | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Frank Kenneally | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Kim Hearst | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Leanna Pristash | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| John Benvenuto | Vice President | 0.00 |
Director
|
$0 | $0 | $0 |
| Emily Smith | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Justin Benincasa | President | 0.00 |
Director
|
$0 | $0 | $0 |
| Andria Paradis | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Rogers | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Mark Vincent | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Janet McKay | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $184,940 | $84,770 | $1,049,817 | $100,170 |
| 2022 | $72,767 | $78,069 | $865,993 | $-5,302 |
| 2021 | $247,227 | $71,317 | $1,005,500 | $175,910 |
| 2020 | $102,926 | $68,018 | $789,528 | $34,908 |
| 2019 | $102,750 | $72,542 | $697,228 | $30,208 |
| 2018 | $115,489 | $72,697 | $559,287 | $42,792 |
Compare North Andover Scholarship Foundation Inc with other nonprofits in Massachusetts and across the country.