ROCHESTER CHILDREN'S SCHOLARSHIP FUND INC

EIN: 160783528 501(c)(3) Education

ROCHESTER, NY

Total Revenue
$173,567
Total Expenses
$100,176
Total Assets
$2,237,356
Net Assets
$2,225,346
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
NY
Principal Officer
RICHARD VEGA
Phone
5852628783
Tax Period
2024-07-01 to 2025-06-30

ROCHESTER CHILDREN'S SCHOLARSHIP FUND INC, founded in 1916, is a small nonprofit in the Education sector that reported $174K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 42% operating margin.

Mission

PROVIDE SCHOLARSHIPS FOR STUDENTS WITH GOOD SCHOLASTIC STANDING AND FAMILY FINANCIAL DIFFICULTIES.

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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 $118,108
Program Service Revenue $0
Investment Income $49,932
Other Revenue $5,527
TOTAL REVENUE $173,567

Expense Breakdown

Grants Paid $45,153
Salaries & Benefits $35,035
Fundraising Expenses $0
Program Expenses $73,908
Other Expenses $19,988
TOTAL EXPENSES $100,176

Year-over-Year Comparison

2024 2023 Change
Revenue $173,567 $233,131 -0.3%
Expenses $100,176 $103,458 0.0%
Net Income $73,391 $129,673 -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

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
9

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
5
$33,366
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHA S CAIMANO TREASURER 1.00
Officer Director
$0 $0 $0
SUZE WOLLKE BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM J ANSBROW BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA THOMAS FISHER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BARBARA DENSMORE SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD DAN VEGA PRESIDENT 1.00
Officer Director
$0 $0 $0
DR SIM COVINGTON JR BOARD MEMBER - RESIGNED DURING YEAR 1.00
Director
$0 $0 $0
JOSEPH CICERO BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN GREENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUES KOUEVI BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL TESTA PROGRAM DIRECTOR - RESIGNED DURING YEAR 20.00
Officer
$33,366 $0 $33,366
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 $173,567 $100,176 $2,237,356 $73,391
2024 $233,131 $103,458 $1,963,201 $129,673
2023 $110,550 $89,300 $1,594,255 $21,250
2022 $99,633 $92,992 $1,423,343 $6,641
2021 $99,015 $91,055 $1,644,488 $7,960
2020 $116,355 $95,410 $1,273,563 $20,945
2019 $141,404 $73,523 $1,247,207 $67,881
2018 $236,592 $114,963 $1,155,480 $121,629
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