ELKHART CITY BAR ASSOCIATION SCHOL… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

Max K Walker Jr

Phone

5742967887

Tax Period

2023-01-01 to 2023-12-31

ELKHART CITY BAR ASSOCIATION SCHOLARSHIP FOUNDATION is a small nonprofit that reported $124K in total revenue in fiscal year 2023. Revenue surged 462% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 94% operating margin.

Mission

To award scholarships to graduates of four local high schools who will be attending college the following fall semester.

Program Service Accomplishments

Program 1

Expenses: $7,848

Scholarships are awarded to local high school seniors.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $96,378

Program Service Revenue $0

Investment Income $27,703

Other Revenue $0

TOTAL REVENUE $124,081

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,848

Other Expenses $848

TOTAL EXPENSES $7,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,081	$22,097	+4.6%
Expenses	$7,848	$620	+11.7%
Net Income	$116,233	$21,477	+4.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leonard J Gullotta II	Trustee	1.00	Director	$0	$0	$0
Chuck Grodnik	Trustee	1.00	Director	$0	$0	$0
Max K Walker Jr	Trustee	1.00	Director	$0	$0	$0
Michael Christofeno	Trustee	1.00	Director	$0	$0	$0
Matthew A Yeakey	Trustee	1.00	Director	$0	$0	$0
Bridgett F Greene	Trustee	1.00	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	No data	No data	No data	No data
2023	$124,081	$7,848	$562,500	$116,233

ELKHART CITY BAR ASSOCIATION SCHOLARSHIP FOUNDATION