VETERINARY SCHOLARSHIP TRUST OF NEW ENGLAND (EIN 046111639) - 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

1958

Legal Domicile

Principal Officer

MICHAEL NORRIS

Phone

5089517495

Tax Period

2024-10-01 to 2025-09-30

VETERINARY SCHOLARSHIP TRUST OF NEW ENGLAND, founded in 1958, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 29% operating margin.

Mission

THE ORGANIZATIONS MISSION IS TO PROVIDE FINANCIAL AID TO NEW ENGLAND RESIDENTS WHO ARE STUDYING VETERINARY MEDICINE. IT SEEKS FINANCIAL SUPPORT THROUGH TARGETED MAIL CAMPAIGNS AND SPECIAL EVENTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $38,536

Program Service Revenue $0

Investment Income $169,692

Other Revenue $14,821

TOTAL REVENUE $223,049

Expense Breakdown

Grants Paid $80,000

Salaries & Benefits $18,488

Fundraising Expenses $16,627

Program Expenses $80,000

Other Expenses $59,407

TOTAL EXPENSES $157,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,049	$163,826	+0.4%
Expenses	$157,895	$126,015	+0.3%
Net Income	$65,154	$37,811	+0.7%

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

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

$18,488

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MEEHL	PRESIDENT & TRUSTEE	5.00	Officer Director	$0	$0	$0
JERILYN JACOBS	VICE PRESIDENT & TRUSTEE	5.00	Officer Director	$0	$0	$0
MICHAEL NORRIS	TREASURER & TRUSTEE	5.00	Officer Director	$0	$0	$0
MARGARET SHIVELY	SECRETARY & TRUSTEE	5.00	Officer Director	$0	$0	$0
MICHELE CONSIGLIO	TRUSTEE	1.00	Director	$0	$0	$0
EDWARD GRACE	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH KELLETT	TRUSTEE	1.00	Director	$0	$0	$0
J CLYDE JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
DIANNE FALK	DIRECTOR OF DEVELOPMENT	20.00	Director	$18,488	$0	$18,488

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	$223,049	$157,895	$3,788,280	$65,154
2024	$163,826	$126,015	$3,528,063	$37,811
2023	$286,132	$93,554	$2,992,595	$192,578
2022	$222,318	$83,541	$2,669,561	$138,777
2021	$276,784	$109,698	$3,261,584	$167,086
2020	$146,985	$94,992	$2,889,606	$51,993
2019	$197,289	$111,552	$2,730,335	$85,737

VETERINARY SCHOLARSHIP TRUST OF NEW ENGLAND