LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION (EIN 161730124) - 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

2005

Legal Domicile

Principal Officer

DANIEL J MURPHY

Phone

5168107564

Tax Period

2024-01-01 to 2024-12-31

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION, founded in 2005, is a small nonprofit in the Education sector that reported $238K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 17% operating margin.

Mission

Scholorships to our verteans, wounded warriors, Navy SEALs, purple heart receiptiants, special operations arriors. crew members of USS Michael Murphy and children in need in various high schools and colleges

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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 $224,686

Program Service Revenue $0

Investment Income $12,873

Other Revenue $0

TOTAL REVENUE $237,559

Expense Breakdown

Grants Paid $198,275

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,275

Other Expenses $0

TOTAL EXPENSES $198,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$237,559	$183,642	+0.3%
Expenses	$198,275	$178,750	+0.1%
Net Income	$39,284	$4,892	+7.0%

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

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
DANIEL J MURPHY	CHAIRMAN, BOARD OF DIRECTORS	005.00	Director	$0	$0	$0
JOHN D MURPHY	SCHOLORSHIP COMMITTEE MEMBER	002.00	Director	$0	$0	$0
MAUREEN T MURPHY	COMMITTEE MEMBER	003.00	Director	$0	$0	$0
DEE WISE HEINZ	SCHOLORSHIP COMMITTEE MEMBER	005.00	Director	$0	$0	$0
KRISTEN M BISHOP	SCHOLORSHIP COMMITTEE MEMBER	002.00	Director	$0	$0	$0
MAUREEN P BOGANSHULZ	COMMITTEE MEMBER	001.00	Director	$0	$0	$0
OWEN O'CALLAGHAN	SUFFOLK COUNTY PD	001.00	Director	$0	$0	$0
CATHERINE O'SHEA	COMMITTEE MEMBER	001.00	Director	$0	$0	$0
MICHAEL P MISTRETTA	COMMITTEE MEMBER	001.00	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
2024	$237,559	$198,275	$982,673	$39,284
2023	$183,642	$178,750	$943,389	$4,892
2022	$130,867	$182,275	$938,497	$-51,408
2021	$240,777	$175,731	$989,905	$65,046
2020	$210,680	$164,451	$924,859	$46,229

LT MICHAEL P MURPHY USN MEMORIAL SCHOLARSHIP FOUNDATION