NORTHEAST CATHOLIC ALUMNI MEMORAL SCHOLA SCHOLARSHIP FUND INC (EIN 237006313) - 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

ROBERT J KENSIL JR

Phone

2155431051

Tax Period

2023-07-01 to 2024-06-30

NORTHEAST CATHOLIC ALUMNI MEMORAL SCHOLA SCHOLARSHIP FUND INC, founded in 1968, is a small nonprofit in the Education sector that reported $299K in total revenue in fiscal year 2023. Expenses of $476K exceeded revenue, resulting in a 59% operating deficit.

Mission

TO AWARD TUITION ASSISTANCE GRANTS TO CHILDREN AND GRANDCHILDREN OF DUES PAYING ALUMNI OF THE NORTHEAST CATHOLIC ALUMNI ASSOCIATION, INC.

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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 $167,100

Program Service Revenue $0

Investment Income $132,189

Other Revenue $0

TOTAL REVENUE $299,289

Expense Breakdown

Grants Paid $465,926

Salaries & Benefits $0

Fundraising Expenses $3,598

Program Expenses $471,730

Other Expenses $9,859

TOTAL EXPENSES $475,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,289	$295,617	+0.0%
Expenses	$475,785	$486,939	0.0%
Net Income	$-176,496	$-191,322	-0.1%

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J KENSIL JR	CHAIRMAN AND TRUSTEE	0.20	Officer Director	$0	$0	$0
JAMES W BOLLENDORF	TRUSTEE	0.00	Director	$0	$0	$0
PATRICK J BOYLE	TRUSTEE	0.00	Director	$0	$0	$0
JEFFREY W BROWN	TRUSTEE	0.00	Director	$0	$0	$0
STEPHEN A CARDULLO	TREASURER AND TRUSTEE	2.00	Officer Director	$0	$0	$12,000
JOHN R HANEJKO	TRUSTEE	0.00	Director	$0	$0	$0
ROCCO G IACONE	TRUSTEE	0.00	Director	$0	$0	$0
THOMAS P MORGAN	TRUSTEE	0.00	Director	$0	$0	$0
JOHN T MUSIAL	TRUSTEE	0.00	Director	$0	$0	$0
ALBERT P WASKIEWICZ	TRUSTEE	0.00	Director	$0	$0	$0
RAYMOND P ZEGARSKI	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	No data	No data	No data	No data
2024	$299,289	$475,785	$3,862,096	$-176,496
2023	$295,617	$486,939	$3,875,059	$-191,322
2022	$279,689	$463,970	$3,974,739	$-184,281
2021	$281,295	$446,606	$4,296,433	$-165,311
2020	$277,707	$356,774	$4,230,370	$-79,067

NORTHEAST CATHOLIC ALUMNI MEMORAL SCHOLA SCHOLARSHIP FUND INC