A Louis Scarmolin Trust (EIN 223039278) - 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

1969

Legal Domicile

Principal Officer

John Sichel

Phone

9087548480

Tax Period

2024-09-01 to 2025-08-31

A Louis Scarmolin Trust, founded in 1969, is a micro nonprofit that reported $21K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $24K exceeded revenue, resulting in a 14% operating deficit.

Mission

SUPPORT THE COMPOSITION AND PRESENTATION OF CLASSICAL MUSIC TO A VARIETY OF AUDIENCES

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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 $0

Program Service Revenue $0

Investment Income $21,415

Other Revenue $0

TOTAL REVENUE $21,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,746

Fundraising Expenses $0

Program Expenses $0

Other Expenses $17,616

TOTAL EXPENSES $24,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,415	$14,315	+0.5%
Expenses	$24,362	$19,308	+0.3%
Net Income	$-2,947	$-4,993	-0.4%

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

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

$6,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT DAVIS	TRUSTEE	0.00	Director	$0	$0	$0
JOHN SICHEL	PRESIDENT	25.00	Director	$6,250	$0	$6,250
HELEN BENHAM KIM	TRUSTEE	0.00	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
2025	$21,415	$24,362	$292,349	$-2,947
2024	$14,315	$19,308	$299,662	$-4,993
2023	$14,276	$29,158	$280,623	$-14,882
2022	$15,449	$27,338	$298,216	$-11,889
2021	$11,431	$32,422	$368,033	$-20,991
2020	$1,435	$28,536	$362,252	$-27,101
2018	$20,635	$34,243	$388,527	$-13,608

A Louis Scarmolin Trust