IOWA SCHOLARSHIP FUND INC (EIN 426078440) - 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

1953

Legal Domicile

Principal Officer

MARK FALB

Phone

3193353305

Tax Period

2018-07-01 to 2019-06-30

IOWA SCHOLARSHIP FUND INC, founded in 1953, is a micro nonprofit that reported $100K in total revenue in fiscal year 2018. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $421K exceeded revenue, resulting in a 322% operating deficit.

Mission

THE IOWA SCHOLARSHIP FUND SOLICITS GIFTS TO PROVIDE FINANCIAL SUPPORT EXCLUSIVELY FOR SCHOLARSHIPS (TUITION, ROOM, BOARD, AND FEES) TO STUDENTS WHO PARTICIPATE IN INTERCOLLEGIATE ATHLETICS AT THE UNIVERSITY OF IOWA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $95,381

Program Service Revenue $0

Investment Income $4,380

Other Revenue $0

TOTAL REVENUE $99,761

Expense Breakdown

Grants Paid $319,539

Salaries & Benefits $0

Fundraising Expenses $9,613

Program Expenses $319,539

Other Expenses $101,533

TOTAL EXPENSES $421,072

Year-over-Year Comparison

	2018	2017	Change
Revenue	$99,761	$945,051	-0.9%
Expenses	$421,072	$3,183,562	-0.9%
Net Income	$-321,311	$-2,238,511	-0.9%

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 J BARRETT	VP/DIRECTOR	1.00	Officer Director	$0	$0	$0
GARY A BARTA	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
DR SAMUEL O CHRISTENSEN	DIRECTOR	1.00	Director	$0	$0	$0
JULIE DURR	DIRECTOR	1.00	Director	$0	$0	$0
MARK C FALB	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
KEVIN J GRIMM	DIRECTOR	1.00	Director	$0	$0	$0
CAROL A HAUPERT	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN C HOLT	DIRECTOR	1.00	Director	$0	$0	$0
MARK A JENNINGS	DIRECTOR	1.00	Director	$0	$0	$0
MARK R KRIEGER	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS K LANE	DIRECTOR	1.00	Director	$0	$0	$0
WD MCCAUSLAND III	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD R MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN W PENNEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN W PHELAN	DIRECTOR	1.00	Director	$0	$0	$0
LYNN E ROWAT	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN RUAN IV	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW H SASSINE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE D SAUNDERS	DIRECTOR	1.00	Director	$0	$0	$0
KIRK B STAUSS	DIRECTOR	1.00	Director	$0	$0	$0
CARL F STRUB	DIRECTOR	1.00	Director	$0	$0	$0
BRAD L WINTERBOTTOM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID E EKLAND	DIRECTOR	1.00	Director	$0	$0	$0
PAULA B JANTZ	DIRECTOR	1.00	Director	$0	$0	$0
SHERRI P FURMAN	ASSISTANT TREASURER	1.00	Officer	$0	$0	$0
RAE L PARKER	ASSISTANT SECRETARY	1.00	Officer	$0	$0	$0
TIFFANI K SHAW	ASSISTANT TREASURER	1.00	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
2019	$99,761	$421,072	No data	$-321,311

IOWA SCHOLARSHIP FUND INC