NAC SCHOLARSHIP FUND INC (EIN 043518227) - 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

2000

Legal Domicile

Principal Officer

SHEILA LUCEY

Phone

5082282299

Tax Period

2024-01-01 to 2024-12-31

NAC SCHOLARSHIP FUND INC, founded in 2000, is a micro nonprofit in the Education sector that reported $78K in total revenue in fiscal year 2024. The organization ran a surplus of $57K, a strong 74% operating margin.

Mission

Provide education grants to qualified individuals.

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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 $16,859

Program Service Revenue $0

Investment Income $19,578

Other Revenue $41,750

TOTAL REVENUE $78,187

Expense Breakdown

Grants Paid $18,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,693

Other Expenses $2,693

TOTAL EXPENSES $20,693

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,187	$75,415	+0.0%
Expenses	$20,693	$26,753	-0.2%
Net Income	$57,494	$48,662	+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

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	Role	Reportable Comp	Other Comp	Total
EVAN SCHWANFELDER	CLERK	Director	$0	$0	$0
HOMER RAY IV	DIRECTOR	Director	$0	$0	$0
SHAMUS HAYES	DIRECTOR	Director	$0	$0	$0
BOB DECOSTA	DIRECTOR	Director	$0	$0	$0
CHRISTOPHER BELL	DIRECTOR	Director	$0	$0	$0
JIM HUGHES	DIRECTOR	Director	$0	$0	$0
SHEILA LUCEY	PRESIDENT	Officer Director	$0	$0	$0
CHRIS GLOWACKI	TREASURER	Officer Director	$0	$0	$0
CHRIS YOUNG	VICE PRESIDENT	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	$78,187	$20,693	$586,616	$57,494
2023	$75,415	$26,753	$529,122	$48,662

NAC SCHOLARSHIP FUND INC