DANIEL MURPHY SCHOLARSHIP FUND (EIN 363675466) - 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

1989

Legal Domicile

Principal Officer

CINDY HALLUMS

Phone

3124557800

Tax Period

2024-09-01 to 2025-08-31

DANIEL MURPHY SCHOLARSHIP FUND, founded in 1989, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $6.1M left a modest 10% surplus.

Mission

THE MISSION OF THE DANIEL MURPHY SCHOLARSHIP FUND IS TO GIVE HIGH SCHOOL SCHOLARSHIP ASSISTANCE AND EDUCATIONAL SUPPORT TO CHICAGO STUDENTS FROM ECONOMICALLY DISADVANTAGED BACKGROUNDS. THE FUND SEEKS TO MAKE A LIFE-ALTERING DIFFERENCE IN THE LIVES OF ITS SCHOLARS BY PROVIDING THEM WITH THE BEST OPPORTUNITY TO SUCCEED IN HIGH SCHOOL AND COLLEGE.

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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 $6,655,769

Program Service Revenue $0

Investment Income $475,681

Other Revenue $-355,949

TOTAL REVENUE $6,775,501

Expense Breakdown

Grants Paid $2,222,976

Salaries & Benefits $1,742,483

Fundraising Expenses $1,133,289

Program Expenses $4,595,493

Other Expenses $2,144,332

TOTAL EXPENSES $6,109,791

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,775,501	$5,827,649	+0.2%
Expenses	$6,109,791	$5,459,465	+0.1%
Net Income	$665,710	$368,184	+0.8%

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

Volunteers

364

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

$240,805

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY HALLUMS	EXECUTIVE DIRECTOR	40.00	Officer	$234,667	$6,138	$240,805
JENNIFER R TOWNSEL	CHIEF EDUCATION OFFICER	40.00	Highest	$160,404	$11,507	$171,911
THOMAS RAMSDEN	DIRECTOR OF DEVELOPMENT	40.00	Highest	$119,392	$11,714	$131,106
ROCKY LOPEZ	CHAIR	5.00	Officer Director	$0	$0	$0
MOLLY CARROLL	VICE CHAIR	5.00	Officer Director	$0	$0	$0
MICHAEL KING	TREASURER	5.00	Officer Director	$0	$0	$0
BRAD SCHOTANUS	SECRETARY	5.00	Officer Director	$0	$0	$0
TERI BROWN	DIRECTOR	5.00	Director	$0	$0	$0
OLIVIA CARBERRY	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN CONWAY	DIRECTOR	5.00	Director	$0	$0	$0
MARY JO DEMAIO	BOARD MEMBER	5.00	Director	$0	$0	$0
MICHAEL EARLY	DIRECTOR	5.00	Director	$0	$0	$0
MARK FERGUSON	DIRECTOR	5.00	Director	$0	$0	$0
FRED FISHER	DIRECTOR	5.00	Director	$0	$0	$0
TONY GOODMAN	DIRECTOR	5.00	Director	$0	$0	$0
YAN KRASOV	DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER RICHERT	DIRECTOR	5.00	Director	$0	$0	$0
FRANK SCHMITZ	DIRECTOR	5.00	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
2025	$6,775,501	$6,109,791	$14,384,925	$665,710
2024	$5,827,649	$5,459,465	$13,238,337	$368,184
2023	$4,167,481	$4,893,562	$11,816,152	$-726,081
2022	$4,450,710	$4,384,376	$11,823,483	$66,334
2021	$5,172,439	$4,032,625	$13,887,675	$1,139,814
2020	$3,594,138	$3,781,418	$11,920,435	$-187,280
2019	$3,507,181	$4,037,018	$11,122,959	$-529,837
2018	$3,303,322	$3,899,269	$11,723,684	$-595,947

DANIEL MURPHY SCHOLARSHIP FUND