ILIO DIPAOLO SCHOLARSHIP FUND INC (EIN 161482049) - 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

2001

Legal Domicile

Principal Officer

DENNIS DIPAOLO

Phone

7168253675

Tax Period

2023-01-01 to 2023-12-31

ILIO DIPAOLO SCHOLARSHIP FUND INC, founded in 2001, is a small nonprofit in the Education sector that reported $247K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $37K, a strong 15% operating margin.

Mission

TO GIVE SCHOLARSHIPS AND DONATIONS TO AREA DESERVING STUDENTS ATHLETES

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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 $212,588

Program Service Revenue $0

Investment Income $34,039

Other Revenue $0

TOTAL REVENUE $246,627

Expense Breakdown

Grants Paid $41,522

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,522

Other Expenses $167,863

TOTAL EXPENSES $209,385

Year-over-Year Comparison

	2023	2022	Change
Revenue	$246,627	$264,734	-0.1%
Expenses	$209,385	$284,872	-0.3%
Net Income	$37,242	$-20,138	-2.8%

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

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
BUD CARPENTER	PRESIDENT	010.00	Officer Director	$0	$0	$0
ILIO D DIPAOLO	V. PRESIDENT	010.00	Officer Director	$0	$0	$0
DENNIS DIPAOLO	SECRETARY	010.00	Officer 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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$246,627	$209,385	$460,868	$37,242
2022	$264,734	$284,872	$387,952	$-20,138
2021	$246,950	$213,763	$496,118	$33,187
2020	$126,087	$139,972	$450,706	$-13,885
2019	$216,709	$231,009	$415,886	$-14,300
2018	$194,350	$208,351	$366,647	$-14,001

ILIO DIPAOLO SCHOLARSHIP FUND INC