SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC (EIN 237222293) - 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

1992

Legal Domicile

Principal Officer

MARIAN HAYDEN

Phone

3015987335

Tax Period

2022-10-01 to 2023-09-30

SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC, founded in 1992, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $8K in total revenue in fiscal year 2022. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 678% operating deficit.

Mission

THE MISSION OF THE ORGANIZATION IS TO RECEIVE AND MAKE DONATIONS FOR CHARITABLE, EDUCATIONAL AND OTHER SOCIAL WELFARE PURPOSES. SIGNIFICANT ACTIVITY IS PROVIDING COLLEGE SCHOLARSHIP TO MARYLAND 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 (2022)

Revenue Breakdown

Contributions & Grants $8,602

Program Service Revenue $0

Investment Income $-125

Other Revenue $0

TOTAL REVENUE $8,477

Expense Breakdown

Grants Paid $43,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,121

Other Expenses $22,974

TOTAL EXPENSES $65,974

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,477	$42,774	-0.8%
Expenses	$65,974	$64,181	+0.0%
Net Income	$-57,497	$-21,407	+1.7%

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
ARTHUR B ROUNDS	PRESIDENT	1.00	Director	$0	$0	$0
JUDITH F DUARTE	DIRECTOR	4.00	Director	$0	$0	$0
PHILLIP WOODS	DIRECTOR	1.00	Director	$0	$0	$0
MARIAN HAYDEN	TREASURER	10.00	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	No data	No data	No data	No data
2023	$8,477	$65,974	$209,628	$-57,497
2022	$42,774	$64,181	$239,229	$-21,407
2021	$62,579	$80,545	$360,735	$-17,966
2020	$38,023	$59,209	$378,699	$-21,186
2019	$29,749	$79,637	$399,885	$-49,888
2018	$65,835	$73,844	$449,773	$-8,009

SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC