MCELDOWNEY ACADEMIC SCHOLARSHIP FU… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

EILEEN MCELDOWNEY

Phone

8149436734

Tax Period

2025-01-01 to 2025-12-31

MCELDOWNEY ACADEMIC SCHOLARSHIP FUND, founded in 2004, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $37K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO OPERATE FOR THE ADVANCEMENT OF EDUCATION AND FOR OTHER CHARITABLE PURPOSES, BY THE DISTRIBUTION OF ITS FUNDS FOR SUCH PURPOSES, AND PARTICULARLY FOR GRANTING ACADEMIC SCHOLARSHIPS AND RECOGNIZING ACADEMIC EXCELLENCE.

Program Service Accomplishments

Program 1

Expenses: $29,000

TO PROVIDE SCHOLARSHIPS TO ELIGIBLE STUDENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $6,500

Program Service Revenue $0

Investment Income $1

Other Revenue $19,870

TOTAL REVENUE $26,371

Expense Breakdown

Grants Paid $29,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,000

Other Expenses $8,064

TOTAL EXPENSES $37,064

Year-over-Year Comparison

	2025	2024	Change
Revenue	$26,371	$34,628	-0.2%
Expenses	$37,064	$35,373	+0.0%
Net Income	$-10,693	$-745	+13.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
PATRICIA TREXLER	TRUSTEE	2.00	Director	$0	$0	$0
HEATHER DIEHL	TRUSTEE	2.00	Director	$0	$0	$0
RICHARD MCELDOWNEY	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL BYRNE	TRUSTEE	2.00	Director	$0	$0	$0
JODI BAUM	TRUSTEE	2.00	Director	$0	$0	$0
LYNNE MCDONOUGH	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT MCELDOWNEY	TRUSTEE	2.00	Director	$0	$0	$0
TIMOTHY CASSIDY	TRUSTEE	2.00	Director	$0	$0	$0
FREDERICK LAMBERT	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL MCDONOUGH	PRESIDENT	3.00	Officer	$0	$0	$0
DONALD MCDONOUGH	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
MICHELE MCDONOUGH	SECRETARY	1.00	Officer	$0	$0	$0
SANDRA PRITTS	FINANCIAL SECRETARY	1.00	Officer	$0	$0	$0
BRITTANY HATCH	TREASURER	1.00	Officer	$0	$0	$0
EILEEN MCELDOWNEY	CHAIRPERSON	8.00	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
2025	$26,371	$37,064	$27,663	$-10,693
2024	$34,628	$35,373	$38,356	$-745
2023	$40,906	$27,733	$39,101	$13,173
2022	$36,815	$26,810	$25,928	$10,005
2021	$13,571	$14,726	$15,923	$-1,155
2020	$25,240	$25,985	$17,078	$-745
2019	$27,204	$34,127	$17,823	$-6,923
2018	$39,932	$38,648	$24,835	$1,284

MCELDOWNEY ACADEMIC SCHOLARSHIP FUND