SOMERSET MEMORIAL SCHOLARSHIP FUND INC (EIN 391537911) - 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

1986

Legal Domicile

Principal Officer

Pam Powers

Phone

6512705154

Tax Period

2025-01-01 to 2025-12-31

SOMERSET MEMORIAL SCHOLARSHIP FUND INC, founded in 1986, is a small nonprofit that reported $199K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 65% operating margin.

Mission

Independent organization that provides scholarships to Somerset WI. graduating high school seniors.

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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 (2025)

Revenue Breakdown

Contributions & Grants $72,692

Program Service Revenue $0

Investment Income $126,699

Other Revenue $0

TOTAL REVENUE $199,391

Expense Breakdown

Grants Paid $68,350

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $911

TOTAL EXPENSES $69,261

Year-over-Year Comparison

	2025	2024	Change
Revenue	$199,391	$160,974	+0.2%
Expenses	$69,261	$54,956	+0.3%
Net Income	$130,130	$106,018	+0.2%

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
Pam Powers	President	0.50	Director	$0	$0	$0
Jonathan Timm	Vice President	0.30	Director	$0	$0	$0
Kathy Brakke	Secretary	0.40	Director	$0	$0	$0
Joan Detloff	Treasurer	0.50	Director	$0	$0	$0
Ashley Otto	Fin Secretary	0.50	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	$199,391	$69,261	$1,215,190	$130,130
2024	$160,974	$54,956	$1,070,756	$106,018
2023	$139,243	$67,720	$977,502	$71,523
2022	$24,712	$51,662	$889,921	$-26,950
2021	$128,571	$39,454	$904,663	$89,117
2020	$98,543	$30,144	$806,236	$68,399

SOMERSET MEMORIAL SCHOLARSHIP FUND INC