GREENWOODS SCHOLARSHIP FOUNDATION

🔒

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

1975

Legal Domicile

Principal Officer

Christina Lavieri

Phone

8603795610

Tax Period

2024-07-01 to 2025-06-30

GREENWOODS SCHOLARSHIP FOUNDATION, founded in 1975, is a small nonprofit that reported $399K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $148K, a strong 37% operating margin.

Mission

Give scholarships for higher education to deserving students

Program Service Accomplishments

Program 1

Expenses: $242,000

College scholarships to high school students, college students, and those returning to higher education. Individual scholarships based on need, achievement and course of study are given annually...

College scholarships to high school students, college students, and those returning to higher education. Individual scholarships based on need, achievement and course of study are given annually. Students apply for scholarships primarily promoted through word of mouth and high school guidance counselors.

🔒

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 $273,244

Program Service Revenue $0

Investment Income $125,504

Other Revenue $0

TOTAL REVENUE $398,748

Expense Breakdown

Grants Paid $242,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,000

Other Expenses $8,908

TOTAL EXPENSES $250,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$398,748	$606,994	-0.3%
Expenses	$250,908	$178,993	+0.4%
Net Income	$147,840	$428,001	-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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edward Bachman	Director	0.50	Director	$0	$0	$0
Bill Sullivan	Director	0.50	Director	$0	$0	$0
George Bodycoat	Director	0.50	Director	$0	$0	$0
Susan Dichter	Director	0.50	Director	$0	$0	$0
Charley Harbach	Director	0.50	Director	$0	$0	$0
Gerald Hicks	Director	0.50	Director	$0	$0	$0
Fred Jones	Director	0.50	Director	$0	$0	$0
Bev King	Director	0.50	Director	$0	$0	$0
Barbara Domack	Director	0.50	Director	$0	$0	$0
Jody Pillar	Corr Secretary	0.50	Officer Director	$0	$0	$0
Tara Thompson	Director	0.50	Director	$0	$0	$0
Maryellen Vaccari	Recor Secretary	0.50	Officer Director	$0	$0	$0
Louise Van Alstyne	President	1.00	Officer Director	$0	$0	$0
Bea Tirrell	Director	0.50	Director	$0	$0	$0
Karin Taylor Goodell	Director	0.50	Director	$0	$0	$0
Christina Lavieri	Treasurer	1.00	Officer Director	$0	$0	$0
Laurie Jassen	Vice President	1.00	Officer Director	$0	$0	$0
Elizabeth Paluba	Corr Secretary	1.00	Officer Director	$0	$0	$0
Lisselot Pimental	Director	0.50	Director	$0	$0	$0
Tara Sundie	Director	0.50	Director	$0	$0	$0
Ruthie Ursone Napoleoone	Director	0.50	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
2025	$398,748	$250,908	$2,969,362	$147,840
2024	$606,994	$178,993	$2,749,350	$428,001
2023	$355,558	$152,472	$2,360,165	$203,086
2022	$295,205	$179,045	$2,170,727	$116,160
2021	$270,944	$133,210	$2,237,867	$137,734
2020	$213,646	$154,676	$1,987,217	$58,970
2019	$241,881	$178,717	$1,973,858	$63,164
2018	$186,229	$151,601	$1,875,204	$34,628