COREY GOODNATURE MEMORIALSCHOLARSHIP FUND (EIN 208039913) - 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

2007

Legal Domicile

Principal Officer

JADE SHERMAN PRESIDENT

Phone

5072598947

Tax Period

2023-01-01 to 2023-12-31

COREY GOODNATURE MEMORIALSCHOLARSHIP FUND, founded in 2007, is a micro nonprofit in the Education sector that reported $79K in total revenue in fiscal year 2023. The organization ran a surplus of $41K, a strong 52% operating margin.

Mission

SCHOLARSHIPS AND COMMUNITY GRANTS

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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 $61,327

Program Service Revenue $0

Investment Income $15,839

Other Revenue $2,049

TOTAL REVENUE $79,215

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $360

Program Expenses $35,351

Other Expenses $2,721

TOTAL EXPENSES $37,721

Year-over-Year Comparison

	2023	2022	Change
Revenue	$79,215	$74,821	+0.1%
Expenses	$37,721	$40,713	-0.1%
Net Income	$41,494	$34,108	+0.2%

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
JADE SHERMAN	CHAIR	2	Officer Director	$0	$0	$0
DON GOODNATURE	VICE CHAIR	2	Officer Director	$0	$0	$0
MARLA BURKHART	CO-TREASURER	2	Officer Director	$0	$0	$0
RHONDA ALLISON	CO-TREASURER	2.0	Officer Director	$0	$0	$0
JENNFIER NEEDHAM	SECRETARY	2.0	Officer Director	$0	$0	$0
DEB GOODNATURE	BOARD MEMBER	2.0	Director	$0	$0	$0
RANDY GOODNATURE	BOARD MEMBER	1.0	Director	$0	$0	$0
LARRY GOODNATURE	BOARD MEMBER	1.0	Director	$0	$0	$0
AMY PURDY	BOARD MEMBER	1.0	Director	$0	$0	$0
TOM RIETVELD	BOARD MEMBER	1.0	Director	$0	$0	$0
JON MURRAY	BOARD MEMBER	1.0	Director	$0	$0	$0
STEPHANIE BOLINGER	BOARD MEMBER	1.0	Director	$0	$0	$0
STACI WALTMANN	BOARD MEMBER	1.0	Director	$0	$0	$0
NICKY SEVERTSON	BOARD MEMBER	1.0	Director	$0	$0	$0
AL MULLENBACH	BOARD MEMBER	1.0	Director	$0	$0	$0
STACY PALMER	BOARD MEMBER	1.0	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	No data	No data	No data	No data
2023	$79,215	$37,721	$727,714	$41,494
2022	$74,821	$40,713	$631,111	$34,108
2021	$88,146	$44,269	$683,094	$43,877
2020	$30,426	$40,352	$594,888	$-9,926

COREY GOODNATURE MEMORIALSCHOLARSHIP FUND