DAVID & DOVETTA WILSON SCHOLARSHIP FUND

EIN: 113015593 501(c)(3) Education

Elmont, NY

Total Revenue
$240,259
Total Expenses
$76,640
Total Assets
$399,156
Net Assets
$399,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
David R Wilson
Phone
5166435762
Tax Period
2024-06-01 to 2025-05-31

DAVID & DOVETTA WILSON SCHOLARSHIP FUND, founded in 1991, is a small nonprofit in the Education sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 250% from the prior year, signaling strong growth momentum. The organization ran a surplus of $164K, a strong 68% operating margin.

Mission

The David & Dovetta Wilson Scholarship Fund provides scholarships awards to graduating high school seniors who demonstrate academic excellence, community involvement and financial need. Awards are renewable annually.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $237,006
Program Service Revenue $0
Investment Income $3,253
Other Revenue $0
TOTAL REVENUE $240,259

Expense Breakdown

Grants Paid $34,600
Salaries & Benefits $0
Fundraising Expenses $18,297
Program Expenses $50,315
Other Expenses $42,040
TOTAL EXPENSES $76,640

Year-over-Year Comparison

2024 2023 Change
Revenue $240,259 $68,658 +2.5%
Expenses $76,640 $68,176 +0.1%
Net Income $163,619 $482 +338.5%
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

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Governance

Voting Members
15
Independent Members
N/A
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
0
$0
Total Directors
15
$0
Key Employees
1
$6,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Crystal Wilson Executive Director 35
Key Emp
$6,000 $0 $6,000
David R Wilson Chair 5
Director
$0 $0 $0
Jean Ann Barnes Vice Chair 10
Director
$0 $0 $0
Bernard R Wilson Finance Chair 10
Director
$0 $0 $0
Timothy M Wilson Treasurer 15
Director
$0 $0 $0
Charles E Wilson Secretary 15
Director
$0 $0 $0
Tanya L Thomas Governance Committee Chair 12
Director
$0 $0 $0
Seleste Burns Board Member 5
Director
$0 $0 $0
Freddie L Wilson Board Member 5
Director
$0 $0 $0
Alexander Wright Board Member 12
Director
$0 $0 $0
Katelyn Jackman Board Member 15
Director
$0 $0 $0
Julian Woods Board Member 5
Director
$0 $0 $0
Michael Wilson Board Member 10
Director
$0 $0 $0
Daniel Wilson Board Member 20
Director
$0 $0 $0
Juan Delagarza Board Member 20
Director
$0 $0 $0
Nolan McDowell-Lesesne Board Member 7
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 $240,259 $76,640 $399,156 $163,619
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