WINE SPECTATOR CALIFORNIA SCHOLARSHIP FOUNDATION (EIN 133129027) - 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

1983

Legal Domicile

Principal Officer

MARVIN R SHANKEN

Phone

2126844224

Tax Period

2023-07-01 to 2024-06-30

WINE SPECTATOR CALIFORNIA SCHOLARSHIP FOUNDATION, founded in 1983, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 36% operating margin.

Mission

THE ORGANIZATION AWARDS SCHOLARSHIPS AND HONORARIUMS ON AN ANNUAL BASIS

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,198,480

Program Service Revenue $4,817,124

Investment Income $847,212

Other Revenue $11,110

TOTAL REVENUE $6,873,926

Expense Breakdown

Grants Paid $647,400

Salaries & Benefits $914,585

Fundraising Expenses $0

Program Expenses $3,861,954

Other Expenses $2,819,196

TOTAL EXPENSES $4,381,181

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,873,926	$5,387,532	+0.3%
Expenses	$4,381,181	$3,638,629	+0.2%
Net Income	$2,492,745	$1,748,903	+0.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARVIN SHANKEN	TRUSTEE	5.00	Officer	$0	$0	$0
MEL MANNION	TRUSTEE	5.00	Officer	$0	$0	$0
MICHAEL MOABA	TRUSTEE	5.00	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
2025	No data	No data	No data	No data
2024	$6,873,926	$4,381,181	$42,179,528	$2,492,745
2023	$5,387,532	$3,638,629	$34,394,251	$1,748,903
2022	$2,744,913	$2,822,936	$28,268,866	$-78,023
2021	$6,495,218	$1,737,341	$39,143,577	$4,757,877
2020	$5,423,842	$4,103,851	$26,948,502	$1,319,991
2019	$5,046,408	$4,274,578	$25,612,925	$771,830
2018	$5,298,428	$4,973,564	$24,638,269	$324,864

WINE SPECTATOR CALIFORNIA SCHOLARSHIP FOUNDATION