Local 39 EDUCATIONAL Scholarship FUND (EIN 251918535) - 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

TIM EGGEN

Phone

4158611135

Tax Period

2024-01-01 to 2024-12-31

Local 39 EDUCATIONAL Scholarship FUND, founded in 2005, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $76K, a strong 41% operating margin.

Mission

PROVIDE SCHOLARSHIPS

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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 $173,042

Program Service Revenue $0

Investment Income $9,775

Other Revenue $919

TOTAL REVENUE $183,736

Expense Breakdown

Grants Paid $105,120

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,120

Other Expenses $2,529

TOTAL EXPENSES $107,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$183,736	$219,909	-0.2%
Expenses	$107,649	$133,070	-0.2%
Net Income	$76,087	$86,839	-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

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
TIM EGGEN	PRESIDENT	0.5	Director	$0	$0	$0
VERONICA HERNANDEZ	SECRETARY	0.5	Director	$0	$0	$0
BRANDY JOHNSON	TREASURER	0.5	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	$183,736	$107,649	$896,037	$76,087
2023	$219,909	$133,070	$819,950	$86,839
2022	$233,078	$103,755	$733,111	$129,323
2021	$12,729	$101,124	$603,788	$-88,395
2020	$76,497	$155,517	$692,183	$-79,020
2019	$198,999	$138,054	$771,203	$60,945
2018	$206,371	$161,876	$715,341	$44,495

Local 39 EDUCATIONAL Scholarship FUND