SCOPE FOUNDATION INC

EIN: 161755827 501(c)(3) Human Services

Miami, FL

Total Revenue
$385,000
Total Expenses
$125,000
Total Assets
$350,000
Net Assets
$350,000
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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
2006
Legal Domicile
FL
Principal Officer
HALLEGERE MURTHY
Tax Period
2023-02-01 to 2024-01-31

SCOPE FOUNDATION INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $385K in total revenue in fiscal year 2023. The organization ran a surplus of $260K, a strong 68% operating margin.

Mission

Scope Foundation is a nonprofit tax-exempt 501c3 organization, dedicated to helping children and the elderly. Over the years, SCOPE Foundation has helped many school children with financial help

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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 (2023)

Revenue Breakdown

Contributions & Grants $385,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $127,500
Other Expenses $125,000
TOTAL EXPENSES $125,000

Year-over-Year Comparison

2023 2022 Change
Revenue $385,000 N/A N/A
Expenses $125,000 N/A N/A
Net Income $260,000 N/A N/A
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
4
Independent Members
4
Employees
N/A
Volunteers
25

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
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Hallegere Murthy Founder and Presdient 040.00
Officer Director Key Emp
$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 $385,000 $125,000 $350,000 $260,000
2024 No data No data No data No data
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