SCHOLARSHIP FUND OF THE MINNEAPOLI… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

CAROL SHELDON BEGAN 1223

Phone

6128701661

Tax Period

2023-07-01 to 2024-06-30

SCHOLARSHIP FUND OF THE MINNEAPOLIS BRANCH AAUW, founded in 2000, is a small nonprofit in the Education sector that reported $364K in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $299K, a strong 82% operating margin.

Mission

TO CARRY OUT THE CHARITABLE AND EDUCATIONAL FUNCTIONS OF MINNEAPOLIS BRANCH OF THE AMERICAN ASSOCIATION OF UNIVERSITY WOMEN.

Program Service Accomplishments

Program 1

Expenses: $52,770

COLLEGE SCHOLARSHIPS ARE AWARDED TO YOUNG WOMEN GRADUATING FROM MINNEAPOLIS PUBLIC HIGH SCHOOLS IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSES.

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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 $183,850

Program Service Revenue $0

Investment Income $179,067

Other Revenue $755

TOTAL REVENUE $363,672

Expense Breakdown

Grants Paid $52,650

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,770

Other Expenses $12,227

TOTAL EXPENSES $64,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$363,672	$163,373	+1.2%
Expenses	$64,877	$48,995	+0.3%
Net Income	$298,795	$114,378	+1.6%

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
CAROL SHELDON BEGAN 1223	PRESIDENT	1.00	Officer Director	$0	$0	$0
GINY CRAIG THRU NOV 2023	PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY MATSUMOTO	SECRETARY	1.00	Officer Director	$0	$0	$0
RAE CORNELIUS	TREASURER	1.00	Officer Director	$0	$0	$0
PEGGY PLUIMER	DIRECTOR	1.00	Director	$0	$0	$0
JAN BOBROWSKE	DIRECTOR	1.00	Director	$0	$0	$0
NIKKI ANNONI	DIRECTOR	1.00	Director	$0	$0	$0
NANCY ASSAM	DIRECTOR	1.00	Director	$0	$0	$0
NAN BEMAN	DIRECTOR	1.00	Director	$0	$0	$0
LANESA LENEA	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
MARY K ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
DEDE SCANLON	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$363,672	$64,877	$1,074,205	$298,795
2023	$163,373	$48,995	$867,739	$114,378
2022	$94,672	$50,899	$724,504	$43,773
2021	$74,964	$36,321	$763,726	$38,643
2020	$35,700	$32,740	$621,797	$2,960
2019	$67,577	$30,707	$618,837	$36,870

SCHOLARSHIP FUND OF THE MINNEAPOLIS BRANCH AAUW