ADNA SCHOLARSHIP FOUNDATION (EIN 411668707) - 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

1992

Legal Domicile

Principal Officer

SARAH JOHNSON

Phone

3605081357

Tax Period

2023-01-01 to 2023-12-31

ADNA SCHOLARSHIP FOUNDATION, founded in 1992, is a small nonprofit in the Education sector that reported $125K in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 37% operating margin.

Mission

TO EXPAND ACCESS TO HIGHER EDUCATION FOR RESIDENT STUDENTS OF THE COMMUNITY IN THE ADNA SCHOOL DISTRICT ATTENDANCE AREA IN THE STATE OF WASHINGTON BY PROMOTING THE CAUSE OF LOCAL SCHOLARSHIPS, RAISING FUNDS FOR STUDENT AID DISTRIBUTION, AND DISTRIBUTING AWARDS TO STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $54,682

Program Service Revenue $0

Investment Income $17,461

Other Revenue $53,306

TOTAL REVENUE $125,449

Expense Breakdown

Grants Paid $76,439

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,439

Other Expenses $2,525

TOTAL EXPENSES $78,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,449	$65,516	+0.9%
Expenses	$78,964	$48,541	+0.6%
Net Income	$46,485	$16,975	+1.7%

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
SARAH JOHNSON	President	0.25	Officer Director	$0	$0	$0
SUZIE MITCHELL	Secretary	0.50	Officer Director	$0	$0	$0
BOB MCCORMICK	Director	0.25	Director	$0	$0	$0
JIM STAFFORD	Director	0.25	Director	$0	$0	$0
ANDY WAGNER	Treasurer	3.00	Officer 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	$125,449	$78,964	$740,428	$46,485
2022	$65,516	$48,541	$693,943	$16,975
2021	$54,888	$43,087	$676,968	$11,801
2020	$57,012	$45,627	$665,167	$11,385
2019	$48,406	$60,072	$653,782	$-11,666
2018	$52,918	$34,066	$665,448	$18,852

ADNA SCHOLARSHIP FOUNDATION