OLE SCHOOL SCHOLARSHIP FUND (EIN 261545132) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Charles May

Phone

7039277825

Tax Period

2025-01-01 to 2025-12-31

OLE SCHOOL SCHOLARSHIP FUND, founded in 2011, is a small nonprofit in the Education sector that reported $253K in total revenue in fiscal year 2023. Revenue surged 319% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 73% operating margin.

Mission

Awarding student scholarships and providing students with stipends and with financial assistance for tuition, books, fees, and supplies/equipment. (College Level)

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $111,341

Program Service Revenue $0

Investment Income $14,174

Other Revenue $0

TOTAL REVENUE $125,515

Expense Breakdown

Grants Paid $74,429

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $81,867

Other Expenses $7,438

TOTAL EXPENSES $81,867

Year-over-Year Comparison

	2025	2024	Change
Revenue	$125,515	$174,000	-0.3%
Expenses	$81,867	$117,262	-0.3%
Net Income	$43,648	$56,738	-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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Derek Steele	President	1	Officer	$0	$0	$0
Malcom Taylor	Vice President	1	Officer	$0	$0	$0
Charles May	Advisor	5	Officer	$0	$0	$0
Nora Crouch	Advisor	0.5	Officer	$0	$0	$0
Walter Stith	Treasurer	2	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
2025	$125,515	$81,867	$530,870	$43,648
2024	$174,000	$117,262	$487,223	$56,738
2023	$253,225	$69,545	$430,485	$183,680

OLE SCHOOL SCHOLARSHIP FUND