SCHROEDER SCHOLARSHIP FUND (EIN 232534681) - 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

1987

Legal Domicile

Principal Officer

GARY SMEDLEY

Phone

5708780356

Tax Period

2024-01-01 to 2024-12-31

SCHROEDER SCHOLARSHIP FUND, founded in 1987, is a micro nonprofit in the Education sector that reported $81K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $1.3M represent 198 months of operating reserves.

Mission

THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS THAT HAVE SUCCESSFULLY GRATUATED FROM CARBONDALE AREA SCHOOL DISTRICT IN CARBONDALE PA AND INTEND TO PURSUE A DEGREE IN THE PHYSICAL SCIENCES AND/OR CHEMISTRY AT ACCREDITED POST SECONDARY COLLEGES.

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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 $81,407

Other Revenue $0

TOTAL REVENUE $81,407

Expense Breakdown

Grants Paid $62,788

Salaries & Benefits $11,800

Fundraising Expenses $0

Program Expenses $79,335

Other Expenses $4,747

TOTAL EXPENSES $79,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$81,407	$93,091	-0.1%
Expenses	$79,335	$69,942	+0.1%
Net Income	$2,072	$23,149	-0.9%

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

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

$12,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY SMEDLEY	TRUSTEE	2.00	Director	$12,300	$0	$12,300
JOSEPH FARRELL	TRUSTEE	2.00	Director	$250	$0	$250
LYNN WALLIS	TRUSTEE	2.00	Director	$250	$0	$250

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	$81,407	$79,335	$1,344,623	$2,072
2023	$93,091	$69,942	$1,342,551	$23,149
2022	$44,862	$81,938	$1,319,402	$-37,076
2021	$43,456	$82,835	$1,650,203	$-39,379
2020	$38,045	$65,663	$1,550,632	$-27,618
2019	$269,631	$72,770	$1,488,896	$196,861
2018	$79,175	$232,241	$1,292,035	$-153,066

SCHROEDER SCHOLARSHIP FUND