GRUVER FARM SCHOLARSHIP FOUNDATION (EIN 371664273) - 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

2012

Legal Domicile

Principal Officer

CHAD LOGSDON

Phone

8067332001

Tax Period

2024-10-01 to 2025-09-30

GRUVER FARM SCHOLARSHIP FOUNDATION, founded in 2012, is a small nonprofit in the Education sector that reported $709K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $628K left a modest 11% surplus.

Mission

THE MISSION OF GRUVER FARM SCHOLARSHIP FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO STUDENTS OF GRUVER HIGH SCHOOL.

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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 $0

Program Service Revenue $531,301

Investment Income $177,238

Other Revenue $0

TOTAL REVENUE $708,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $627,989

Other Expenses $193,992

TOTAL EXPENSES $627,989

Year-over-Year Comparison

	2024	2023	Change
Revenue	$708,539	$616,397	+0.1%
Expenses	$627,989	$774,069	-0.2%
Net Income	$80,550	$-157,672	-1.5%

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
CHAD LOGSDON	PRESIDENT	N/A	Officer	$0	$0	$0
DERIK GROTEGUT	VICE PRESIDE	N/A	Officer	$0	$0	$0
MIKE YANKE	SECRETARY/TR	N/A	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	$708,539	$627,989	$1,991,258	$80,550
2024	$616,397	$774,069	$2,003,796	$-157,672
2023	$549,274	$705,128	$1,941,395	$-155,854
2022	$745,000	$642,317	$2,097,249	$102,683
2021	$476,796	$466,356	$2,226,828	$10,440
2020	$467,477	$446,542	$1,942,904	$20,935
2019	$493,977	$392,519	$1,921,969	$101,458
2018	$696,235	$397,515	$1,752,393	$298,720

GRUVER FARM SCHOLARSHIP FOUNDATION