MARE SCHOLARSHIP FUND

EIN: 431621969 501(c)(3) Education

WARRENSBURG, MO

Total Revenue
$71,085
Total Expenses
$70,280
Total Assets
$167,603
Net Assets
$167,603
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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
1993
Legal Domicile
MO
Phone
6607478050
Tax Period
2024-07-01 to 2025-06-30

MARE SCHOLARSHIP FUND, founded in 1993, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2024. Net assets of $168K represent 28 months of operating reserves.

Mission

TO PROVIDE SCHOLARSHIPS 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $65,518
Program Service Revenue $0
Investment Income $5,567
Other Revenue $0
TOTAL REVENUE $71,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $70,280
Other Expenses $70,280
TOTAL EXPENSES $70,280

Year-over-Year Comparison

2024 2023 Change
Revenue $71,085 $67,721 +0.0%
Expenses $70,280 $65,671 +0.1%
Net Income $805 $2,050 -0.6%
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

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Governance

Voting Members
14
Independent Members
11
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN SANDLIN EXECUTIVE DIRECTOR 0.00
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
2025 $71,085 $70,280 $167,603 $805
2024 $67,721 $65,671 $167,275 $2,050
2023 $69,622 $49,531 $87,173 $20,091
2022 $67,741 $43,174 $67,082 $24,567
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