OAKLAND HILLS SCHOLARSHIP TRUST FUND (EIN 382149813) - 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

1977

Legal Domicile

Principal Officer

JOHN LESSWAY

Phone

2486442500

Tax Period

2024-01-01 to 2024-12-31

OAKLAND HILLS SCHOLARSHIP TRUST FUND, founded in 1977, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Net assets of $3.9M represent 152 months of operating reserves.

Mission

PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO CADDYS, EMPLOYEES AND IMMEDIATE FAMILY MEMBERS OF EMPLOYEES WHO WORK AT OAKLAND HILLS COUNTRY CLUB. PROVIDE GRANTS TO OTHER ORGANIZATIONS RELATED TO OAKLAND HILLS COUNTRY CLUB.

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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 $122,591

Program Service Revenue $0

Investment Income $183,152

Other Revenue $0

TOTAL REVENUE $305,743

Expense Breakdown

Grants Paid $261,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $261,000

Other Expenses $48,349

TOTAL EXPENSES $309,349

Year-over-Year Comparison

	2024	2023	Change
Revenue	$305,743	$842,546	-0.6%
Expenses	$309,349	$222,085	+0.4%
Net Income	$-3,606	$620,461	-1.0%

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

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
JOHN LESSWAY	PRESIDENT	4.00	Officer Director	$0	$0	$0
PAUL ZIMMERMANN	TREASURER	2.00	Officer Director	$0	$0	$0
SEAN RITCHLIN	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW FRITH	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JAMES CARTER	DIRECTOR	2.00	Director	$0	$0	$0
PETER SMIDT	DIRECTOR	2.00	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	$305,743	$309,349	$3,867,738	$-3,606
2023	$842,546	$222,085	$3,684,028	$620,461
2022	$490,616	$198,228	$2,753,582	$292,388
2021	$272,786	$166,087	$2,845,182	$106,699
2020	$967,061	$241,319	$2,598,927	$725,742
2018	$189,311	$275,485	$1,905,974	$-86,174

OAKLAND HILLS SCHOLARSHIP TRUST FUND