Scott & Kim Verplank Foundation (EIN 261528890) - 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

2007

Legal Domicile

Principal Officer

Scott Verplank

Phone

4053602282

Tax Period

2024-01-01 to 2024-12-31

Scott & Kim Verplank Foundation, founded in 2007, is a small nonprofit in the Education sector that reported $122K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $187K exceeded revenue, resulting in a 54% operating deficit.

Mission

The foundation raises funds to provide college scholarships to youths with Type I diabetes.

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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 $43,750

Program Service Revenue $0

Investment Income $255

Other Revenue $77,533

TOTAL REVENUE $121,538

Expense Breakdown

Grants Paid $132,500

Salaries & Benefits $0

Fundraising Expenses $11,479

Program Expenses $168,962

Other Expenses $54,921

TOTAL EXPENSES $187,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,538	$134,381	-0.1%
Expenses	$187,421	$162,706	+0.2%
Net Income	$-65,883	$-28,325	+1.3%

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
Scott Verplank	Pres/Director	2.00	Officer Director	$0	$0	$0
Kimberly Verplank	Treas/Director	2.00	Officer Director	$0	$0	$0
Rick Cooper	Director	1.00	Director	$0	$0	$0
Everett Dobson	Director	1.00	Director	$0	$0	$0
Jimmy Everest	Director	1.00	Director	$0	$0	$0
Christy Everest	Director	1.00	Director	$0	$0	$0
Shelly Lambertz	Director	1.00	Director	$0	$0	$0
Jeff S Jones	Secretary	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	$121,538	$187,421	$139,061	$-65,883
2023	$134,381	$162,706	$204,915	$-28,325
2022	$166,486	$161,062	$233,255	$5,424
2021	$299,123	$162,371	$227,816	$136,752
2020	$127,325	$119,533	$91,064	$7,792
2019	$140,670	$186,741	$83,272	$-46,071
2018	$176,164	$215,165	$129,343	$-39,001

Scott & Kim Verplank Foundation