AGATI LABORERS' LOCAL 322 SCHOLARSHIP FUND (EIN 161287595) - 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

1988

Legal Domicile

Principal Officer

SCOTT HILYARD

Phone

3157698731

Tax Period

2024-01-01 to 2024-12-31

AGATI LABORERS' LOCAL 322 SCHOLARSHIP FUND, founded in 1988, is a micro nonprofit that reported $65K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $42K, a strong 65% operating margin.

Mission

FINANCIAL ASSISTANCE IN THE FORM OF TUITION PAYMENTS TO COLLEGES FOR APPLICANTS WHO HAVE BEEN APPROVED FOR SCHOLARSHIP ASSISTANCE.

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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 $9,645

Investment Income $32,326

Other Revenue $23,023

TOTAL REVENUE $64,994

Expense Breakdown

Grants Paid $15,250

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,791

TOTAL EXPENSES $23,041

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,994	$59,764	+0.1%
Expenses	$23,041	$20,264	+0.1%
Net Income	$41,953	$39,500	+0.1%

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

$176,778

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES BOOTS	TRUSTEE	1.00	Officer	$0	$0	$0
JOHN MURRAY	TRUSTEE	1.00	Officer	$0	$0	$0
JERRY WELSH	TRUSTEE	1.00	Officer	$0	$0	$0
LAWRENCE CASEY	TRUSTEE	1.00	Officer	$0	$0	$0
RICHARD DADDARIO	TRUSTEE	1.00	Officer	$0	$0	$0
THOMAS LADUKE	TRUSTEE	1.00	Officer	$0	$0	$0
SCOTT HILYARD	TRUSTEE	1.00	Officer	$0	$70,645	$176,778
RONALD LADUKE	TRUSTEE	1.00	Officer	$0	$0	$0
EUGENE NICANDRI	TRUSTEE	1.00	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
2024	$64,994	$23,041	$668,929	$41,953
2023	$59,764	$20,264	$584,847	$39,500
2022	$53,028	$20,662	$516,572	$32,366
2021	$67,682	$18,735	$533,045	$48,947

AGATI LABORERS' LOCAL 322 SCHOLARSHIP FUND