MIFFLINBURG AREA COMMUNITY SCHOLARSHIP TRUST INC (EIN 232926172) - 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

2005

Legal Domicile

Principal Officer

GLENN SPANGLER

Phone

5709660646

Tax Period

2023-01-01 to 2023-12-31

MIFFLINBURG AREA COMMUNITY SCHOLARSHIP TRUST INC, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $165K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $84K, a strong 51% operating margin.

Mission

THE MISSION OF THE MIFFLINBURG AREA COMMUNITY SCHOLARSHIP TRUST, INC. IS TO PROVIDE A PERPETUAL SOURCE OF FUNDS FOR DESERVING, GRADUATING MIFFLINBURG AREA HIGH SCHOOL STUDENTS.

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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 $97,651

Program Service Revenue $0

Investment Income $66,765

Other Revenue $798

TOTAL REVENUE $165,214

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,000

Other Expenses $6,272

TOTAL EXPENSES $81,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$165,214	$149,842	+0.1%
Expenses	$81,272	$78,497	+0.0%
Net Income	$83,942	$71,345	+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
CARRIE BOMGARDNER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FEE	TREASURER	1.00	Officer Director	$0	$0	$0
JANINE FEE	DIRECTOR	1.00	Director	$0	$0	$0
DEB GILLOTT	SECRETARY	1.00	Officer Director	$0	$0	$0
DIRK METZGER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN REIDELL	DIRECTOR	1.00	Director	$0	$0	$0
GLENN SPANGLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIN THREET	TREASURER	1.00	Officer 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	$165,214	$81,272	$625,698	$83,942
2022	$149,842	$78,497	$525,683	$71,345
2021	$218,469	$56,397	$550,484	$162,072

MIFFLINBURG AREA COMMUNITY SCHOLARSHIP TRUST INC