Theresa A Mike Scholarship Foundation

EIN: 454613889 501(c)(3) Education

Coachella, CA

Total Revenue
$273,025
Total Expenses
$267,101
Total Assets
$1,088,838
Net Assets
$1,087,530
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
Dean Mike
Phone
7605673400
Tax Period
2025-01-01 to 2025-12-31

Theresa A Mike Scholarship Foundation, founded in 2014, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $1.1M represent 48 months of operating reserves.

Mission

The Theresa Andrea Mike Scholarship is organized for the purpose of recognizing the talent of young adults who are interested in furthering their education; who have a dedication to themselves and the betterment of the communities in which they live.

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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 (2025)

Revenue Breakdown

Contributions & Grants $245,125
Program Service Revenue $0
Investment Income $27,007
Other Revenue $893
TOTAL REVENUE $273,025

Expense Breakdown

Grants Paid $116,150
Salaries & Benefits $57,486
Fundraising Expenses $0
Program Expenses $237,389
Other Expenses $93,465
TOTAL EXPENSES $267,101

Year-over-Year Comparison

2025 2024 Change
Revenue $273,025 $229,347 +0.2%
Expenses $267,101 $285,136 -0.1%
Net Income $5,924 $-55,789 -1.1%
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
7
Independent Members
4
Employees
N/A
Volunteers
92

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
5
$57,486
Total Directors
7
$57,486
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dean Mike President 5.00
Officer Director
$0 $0 $0
Leanna Thomas Vice President 5.00
Officer Director
$0 $0 $0
Robert Paull Treasurer 5.00
Officer Director
$0 $0 $0
Anna Martinez Fuentes Secretary 5.00
Officer Director
$0 $0 $0
Theresa Mike Member 2.00
Director
$0 $0 $0
Makeyli Alvarez Marroquin Executive Director 40.00
Officer Director
$57,486 $0 $57,486
Leanna Mike Member 5.00
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 $273,025 $267,101 $1,088,838 $5,924
2024 $229,347 $285,136 $1,031,955 $-55,789
2023 $173,377 $204,044 $1,051,573 $-30,667
2022 $52,408 $204,521 $1,016,908 $-152,113
2021 $42,213 $170,607 $1,296,876 $-128,394
2020 $70,605 $179,865 $1,472,506 $-109,260
2019 $160,781 $138,134 $1,516,275 $22,647
2018 $165,813 $211,753 $1,370,869 $-45,940
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