ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FEDERATION OF TEACHERS (EIN 132675671) - 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

1971

Legal Domicile

Principal Officer

JOSEPH USATCH

Phone

2125390500

Tax Period

2024-07-01 to 2025-06-30

ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FEDERATION OF TEACHERS, founded in 1971, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $973K left a modest 8% surplus.

Mission

TO PROVIDE SCHOLARSHIPS FOR STUDENTS OF LOW INCOME FAMILIES

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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 $0

Program Service Revenue $1,000,000

Investment Income $62,187

Other Revenue $0

TOTAL REVENUE $1,062,187

Expense Breakdown

Grants Paid $767,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $914,610

Other Expenses $204,855

TOTAL EXPENSES $972,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,062,187	$1,066,369	0.0%
Expenses	$972,605	$893,576	+0.1%
Net Income	$89,582	$172,793	-0.5%

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

Governance

Voting Members

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

Total Directors

$1,628,626

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MULGREW	TRUSTEE	1.00	Director	$0	$84,575	$431,657
LEO GORDON	TRUSTEE	1.00	Director	$0	$20,667	$103,335
RICHARD MANTELL	TRUSTEE	1.00	Director	$0	$19,204	$96,018
JANELLA HINDS	TRUSTEE	1.00	Director	$0	$26,192	$130,961
TOM BROWN	TRUSTEE	1.00	Director	$0	$21,301	$104,511
ELIZABETH PEREZ	TRUSTEE	1.00	Director	$0	$37,442	$268,803
MARY JO GINESE	TRUSTEE	1.00	Director	$0	$30,282	$232,091
JOSEPH USATCH	DIRECTOR	2.00	Director	$0	$58,277	$261,250

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	$1,062,187	$972,605	$1,280,273	$89,582
2024	$1,066,369	$893,576	$1,141,318	$172,793
2023	$1,038,859	$970,118	$946,589	$68,741
2022	$1,001,553	$946,768	$799,751	$54,785
2021	$1,000,373	$973,421	$766,504	$26,952
2020	$1,012,979	$997,635	$694,170	$15,344
2019	$1,020,914	$1,037,073	$782,130	$-16,159
2018	$1,011,709	$1,082,250	$805,278	$-70,541

ALBERT SHANKER COLLEGE SCHOLARSHIP FUND OF THE UNITED FEDERATION OF TEACHERS