UNITED FOOD AND COMMERCIAL WORKERS UFCW LOCAL 880 SCHOLARSHIP FUND (EIN 341727490) - 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

1990

Legal Domicile

Principal Officer

SAMUEL MILES ANDERSON

Phone

2162415930

Tax Period

2024-10-01 to 2025-09-30

UNITED FOOD AND COMMERCIAL WORKERS UFCW LOCAL 880 SCHOLARSHIP FUND, founded in 1990, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 78% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO AWARD SCHOLARSHIPS TO UNDERGRADUATE COLLEGE 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 (2024)

Revenue Breakdown

Contributions & Grants $66,400

Program Service Revenue $0

Investment Income $11,533

Other Revenue $8,881

TOTAL REVENUE $86,814

Expense Breakdown

Grants Paid $19,020

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,020

Other Expenses $350

TOTAL EXPENSES $19,370

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,814	$68,518	+0.3%
Expenses	$19,370	$26,850	-0.3%
Net Income	$67,444	$41,668	+0.6%

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

N/A

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

$575,729

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL GREEN	TRUSTEE	0.50	Director	$0	$29,452	$268,321
SAMUEL MILES ANDERSON	TRUSTEE	0.50	Director	$0	$32,308	$307,408
CARL IVKA	TRUSTEE	0.50		$0	$27,825	$487,052

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	$86,814	$19,370	$706,231	$67,444
2024	$68,518	$26,850	$638,787	$41,668
2023	$73,533	$13,200	$597,119	$60,333
2022	$64,721	$35,838	$536,786	$28,883
2021	$44,898	$8,250	$507,903	$36,648

UNITED FOOD AND COMMERCIAL WORKERS UFCW LOCAL 880 SCHOLARSHIP FUND