TRUSTEES OF FALL RIVER HIGH SCHOOL ALUMNI SCHOLARSHIPS (EIN 046014037) - 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

1905

Legal Domicile

Principal Officer

CLAUDINE A CLOUTIER

Phone

5082459833

Tax Period

2023-01-01 to 2023-12-31

TRUSTEES OF FALL RIVER HIGH SCHOOL ALUMNI SCHOLARSHIPS, founded in 1905, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $724K, a strong 71% operating margin.

Mission

TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO FALL RIVER HIGH SCHOOL STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $538,497

Program Service Revenue $0

Investment Income $479,699

Other Revenue $0

TOTAL REVENUE $1,018,196

Expense Breakdown

Grants Paid $245,797

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $266,204

Other Expenses $48,087

TOTAL EXPENSES $293,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,018,196	$752,346	+0.4%
Expenses	$293,884	$285,257	+0.0%
Net Income	$724,312	$467,089	+0.6%

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

$15,000

Total Directors

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER G COLLIAS	PRESIDENT	10.00	Officer Director	$0	$0	$15,000
CLAUDINE A CLOUTIER	TREASURER	1.00	Officer Director	$0	$0	$0
JBARRY MCDONALD JR	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN FRIAR II	DIRECTOR	1.00	Director	$0	$0	$0
AIMEE BRONHARD	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL QUINTAL	DIRECTOR	1.00	Director	$0	$0	$0
LISA RAICHE	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$1,018,196	$293,884	$15,566,851	$724,312
2022	$752,346	$285,257	$13,795,461	$467,089
2021	$1,062,455	$186,856	$15,106,738	$875,599

TRUSTEES OF FALL RIVER HIGH SCHOOL ALUMNI SCHOLARSHIPS