BUCKS COUNTY HEROES SCHOLARSHIP FUND (EIN 232656550) - 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

1991

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

BUCKS COUNTY HEROES SCHOLARSHIP FUND, founded in 1991, is a small nonprofit in the Education sector that reported $171K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $166K, a strong 97% operating margin.

Mission

DEVISED FOR THE PURPOSE OF PROVIDING FULL FOUR YEAR SCHOLARSHIPS FOR THE POST HIGH SCHOOL EDUCATION TO THE CHILDREN OF POLICE OFFICERS, FIREFIGHTERS, CORRECTIONS OFFICERS, RESCUE SQUAD AND EMERGENCY PERSONNEL WHO ARE KILLED OR PERMANENTLY DISABLED IN THE LINE OF DUTY.

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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 $102,856

Program Service Revenue $0

Investment Income $57,335

Other Revenue $11,017

TOTAL REVENUE $171,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,717

Other Expenses $4,717

TOTAL EXPENSES $4,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,208	$206,376	-0.2%
Expenses	$4,717	$4,898	0.0%
Net Income	$166,491	$201,478	-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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE MARSEGLIA	BOARD MEMBER	1.00	Director	$0	$0	$0
TRISH GROVE	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIELLE PEDROTTY	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWARD DONNELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK FARRY	BOARD MEMBER	1.00	Director	$0	$0	$0
PERRY BLACKMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
AUDREY KENNY	BOARD MEMBER	1.00	Director	$0	$0	$0
AMANDA HASAKA	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK GOLDSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDRA ROMASZEWSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY MCCANN	FOUNDING MEMBER	1.00	Director	$0	$0	$0
ARTHUR SAGOSKIN	FOUNDING MEMBER	1.00	Director	$0	$0	$0
FRED HASHAGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW WEINTRAUB	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVE SHALLCROSS	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID HATHAWAY	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA WILKOSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY SMITHSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD VONA	SECRETARYTREASURER	2.00	Officer	$0	$0	$0
WILLIAM MC VEY	PRESIDENT	2.00	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	$171,208	$4,717	$1,677,372	$166,491
2023	$206,376	$4,898	$1,510,881	$201,478
2022	$172,812	$5,858	$1,309,403	$166,954
2021	$97,519	$11,625	$1,142,449	$85,894
2020	$74,021	$1,928	$1,056,555	$72,093
2019	$57,344	$1,494	$984,462	$55,850
2018	$65,101	$1,749	$928,612	$63,352

BUCKS COUNTY HEROES SCHOLARSHIP FUND