BUFFALO SCHOLARSHIPS FOUNDATION INC (EIN 204450548) - 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

2006

Legal Domicile

Principal Officer

DR RANDY MCDANIEL

Phone

3522592350

Tax Period

2024-01-01 to 2024-12-31

BUFFALO SCHOLARSHIPS FOUNDATION INC, founded in 2006, is a small nonprofit in the Education sector that reported $839K in total revenue in fiscal year 2024. The organization ran a surplus of $192K, a strong 23% operating margin.

Mission

PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF EDUCATIONAL SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS.

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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 $323,662

Program Service Revenue $0

Investment Income $283,479

Other Revenue $231,712

TOTAL REVENUE $838,853

Expense Breakdown

Grants Paid $603,623

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $603,623

Other Expenses $42,737

TOTAL EXPENSES $646,360

Year-over-Year Comparison

	2024	2023	Change
Revenue	$838,853	$861,370	0.0%
Expenses	$646,360	$596,508	+0.1%
Net Income	$192,493	$264,862	-0.3%

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

200

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
GARY FRIGIOLA	SECRETARY	1.00	Officer Director	$0	$0	$0
ERICK LANGENBRUNNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEVON L WIECHENS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JENNIFER CHANDLER	TREASURER	1.00	Officer Director	$0	$0	$0
MARY MARKWARD	V.P.	1.00	Officer Director	$0	$0	$0
DR RANDY MCDANIEL	CHAIRMAN	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	$838,853	$646,360	$6,073,230	$192,493
2023	$861,370	$596,508	$5,612,836	$264,862
2022	$1,534,440	$261,377	$4,932,268	$1,273,063
2021	$926,291	$193,545	$4,048,884	$732,746
2020	$359,952	$196,221	$3,413,336	$163,731
2019	$495,816	$159,120	$3,246,338	$336,696
2018	$463,854	$150,384	$2,602,307	$313,470

BUFFALO SCHOLARSHIPS FOUNDATION INC