THE SCHOLARSHIP FUND OF CONCORD AND CARLISLE (EIN 046141569) - 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

1966

Legal Domicile

Principal Officer

JOHN SWEENEY

Phone

9783690009

Tax Period

2024-01-01 to 2024-12-31

THE SCHOLARSHIP FUND OF CONCORD AND CARLISLE, founded in 1966, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 238% from the prior year, signaling strong growth momentum. The organization ran a surplus of $811K, a strong 62% operating margin.

Mission

IT IS THE MISSION OF THE SCHOLARSHIP FUND OF CONCORD AND CARLISLE TO ASSIST DESERVING YOUNG MEN AND WOMEN FROM THE CONCORD-CARLISLE COMMUNITY IN ACHIEVING A POST-SECONDARY EDUCATION. AS TRUSTEES OF THE ORGANIZATION, WE AWARD SCHOLARSHIPS TO HELP FILL THE UNMET FINANCIAL NEED OF STUDENTS PURSUING EDUCATIONAL OPPORTUNITIES AT ACCREDITED COLLEGES, UNIVERSITIES, AND TECHNICAL INSTITUTIONS. ALL SCHOLARSHIPS ARE NEED-BASED.

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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 $542,073

Program Service Revenue $0

Investment Income $758,812

Other Revenue $0

TOTAL REVENUE $1,300,885

Expense Breakdown

Grants Paid $383,850

Salaries & Benefits $0

Fundraising Expenses $22,820

Program Expenses $383,850

Other Expenses $105,905

TOTAL EXPENSES $489,755

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,300,885	$385,203	+2.4%
Expenses	$489,755	$500,512	0.0%
Net Income	$811,130	$-115,309	-8.0%

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

100

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
HANNA BRUNO	CHAIR	3.00	Officer Director	$0	$0	$0
MARC CARUSO	TRUSTEE	1.00	Director	$0	$0	$0
DEVRA FESHBACH-MERINEY	TRUSTEE	1.00	Director	$0	$0	$0
PRISCILLA GUINEY	TRUSTEE	1.00	Director	$0	$0	$0
JOE LAURIN	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS LAW	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA LOPRETE	SECRETARY	2.00	Officer Director	$0	$0	$0
GUIDA MATTISON	TRUSTEE	1.00	Director	$0	$0	$0
TRAVIS MINOR	TRUSTEE	1.00	Director	$0	$0	$0
ALBERT POWERS	ASST TREASUR	14.00	Officer Director	$0	$0	$0
PAUL RESSLER	TRUSTEE	1.00	Director	$0	$0	$0
KATHLEEN SNOOK	TRUSTEE	1.00	Director	$0	$0	$0
PRISCILLA WHITE STURGES	TRUSTEE	1.00	Director	$0	$0	$0
INGRID SUTTER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SWEENEY	TREASURER	3.00	Officer	$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	$1,300,885	$489,755	$6,371,712	$811,130
2023	$385,203	$500,512	$5,643,523	$-115,309
2022	$1,548,974	$492,089	$4,965,248	$1,056,885
2021	$708,689	$355,454	$5,671,376	$353,235
2020	$628,234	$302,527	$4,914,655	$325,707
2019	$590,347	$318,228	$4,235,945	$272,119
2018	$641,794	$309,810	$3,527,496	$331,984

THE SCHOLARSHIP FUND OF CONCORD AND CARLISLE