NAWIC FOUNDERS SCHOLARSHIP TRUST

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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

1931

Legal Domicile

Principal Officer

SAME AS C ABOVE

Phone

6123135172

Tax Period

2023-09-01 to 2024-08-31

NAWIC FOUNDERS SCHOLARSHIP TRUST, founded in 1931, is a small nonprofit in the Education sector that reported $391K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $60K, a strong 15% operating margin.

Mission

PROVIDING SCHOLARSHIP AWARDS TO QUALIFY SUCH APPLICANTS TO ENTER OR BECOME ENGAGED IN CONSTRUCTION RELATED CAREER

Program Service Accomplishments

Program 1

Expenses: $291,050

THE SCHOLARSHIP AWARDS ARE AWARDED BASED UPON NAWICS SCHOLARSHIP PROCEDURES AND SUCH AWARDS ARE MONITORED BY THE SCHOLARSHIP ADMINISTRATOR OF NAWIC

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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 $279,178

Program Service Revenue $0

Investment Income $109,814

Other Revenue $2,415

TOTAL REVENUE $391,407

Expense Breakdown

Grants Paid $291,050

Salaries & Benefits $31,882

Fundraising Expenses $0

Program Expenses $291,050

Other Expenses $8,166

TOTAL EXPENSES $331,098

Year-over-Year Comparison

	2023	2022	Change
Revenue	$391,407	$490,372	-0.2%
Expenses	$331,098	$218,153	+0.5%
Net Income	$60,309	$272,219	-0.8%

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
TAMIE TAYLOR	N/A	N/A	Officer Director	$0	$0	$0
ROBIN FULTON-MEYER	N/A	N/A	Officer Director	$0	$0	$0
DEB GREROIRE	N/A	N/A	Officer Director	$0	$0	$0
PAT MCDONALD	N/A	N/A	Officer Director	$0	$0	$0
JUDY K DEWEESE	N/A	N/A	Officer Director	$0	$0	$0
CHRIS WIGGINTON	SCHOLARSHIP ADMINISTRATOR	N/A	Director	$0	$0	$0
N/A	TRUSTEE	N/A		$31,882	$0	$31,882

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	$391,407	$331,098	$2,026,534	$60,309
2023	$490,372	$218,153	$1,966,225	$272,219
2022	$194,000	$171,825	$1,690,192	$22,175
2021	$243,806	$126,582	$1,641,540	$117,224
2020	$167,890	$132,987	$1,550,769	$34,903