NORTH PENN AREA SCHOLARSHIP FUND ASSOCIATION INC (EIN 232017874) - 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

1968

Legal Domicile

Principal Officer

Donald R Kalb

Phone

2155307796

Tax Period

2024-09-01 to 2025-08-31

NORTH PENN AREA SCHOLARSHIP FUND ASSOCIATION INC, founded in 1968, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $46K left a modest 12% surplus.

Mission

to assist students in pursuit of post secondary education

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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 $6,013

Program Service Revenue $0

Investment Income $45,881

Other Revenue $0

TOTAL REVENUE $51,894

Expense Breakdown

Grants Paid $36,998

Salaries & Benefits $0

Fundraising Expenses $714

Program Expenses $36,998

Other Expenses $8,815

TOTAL EXPENSES $45,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,894	$34,938	+0.5%
Expenses	$45,813	$50,125	-0.1%
Net Income	$6,081	$-15,187	-1.4%

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

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	Role	Reportable Comp	Other Comp	Total
Donald Kalb	Treasurer	Officer	$0	$0	$0
John Dasch	Awards Chairman	Officer	$0	$0	$0
Michele Dasch	Chairman	Officer	$0	$0	$0
Beth Swartz	Secretary	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	$51,894	$45,813	$682,482	$6,081
2024	$34,938	$50,125	$663,947	$-15,187
2023	$12,261	$41,906	$596,519	$-29,645
2022	$98,179	$33,958	$569,703	$64,221
2021	$34,030	$39,380	$702,177	$-5,350
2020	$52,114	$34,948	$604,114	$17,166

NORTH PENN AREA SCHOLARSHIP FUND ASSOCIATION INC