ALYN SCHOLARSHIP FUND INC

EIN: 462082203 501(c)(3) Education

DOUGLAS, GA

Total Revenue
$1,266,183
Total Expenses
$1,205,350
Total Assets
$344,299
Net Assets
$344,299
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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
2013
Legal Domicile
GA
Principal Officer
JEFF WEEMS
Tax Period
2024-01-01 to 2024-12-31

ALYN SCHOLARSHIP FUND INC, founded in 2013, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 5% surplus.

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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 $1,257,260
Program Service Revenue $0
Investment Income $8,923
Other Revenue $0
TOTAL REVENUE $1,266,183

Expense Breakdown

Grants Paid $1,110,957
Salaries & Benefits $65,256
Fundraising Expenses $0
Program Expenses $1,162,416
Other Expenses $29,137
TOTAL EXPENSES $1,205,350

Year-over-Year Comparison

2024 2023 Change
Revenue $1,266,183 $985,048 +0.3%
Expenses $1,205,350 $1,033,958 +0.2%
Net Income $60,833 $-48,910 -2.2%
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
3
Independent Members
3
Employees
2
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
2
$50,140
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL IKNER DIRECTOR N/A
Director
$0 $0 $0
JEFF WEEMS EXECUTIVE DI 20.00
Director
$50,140 $0 $50,140
ANNE MACLEOD SECRETARY N/A
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
2024 $1,266,183 $1,205,350 $344,299 $60,833
2023 No data No data No data No data
2022 $892,116 $1,226,830 $332,376 $-334,714
2018 $263,641 $193,507 $104,384 $70,134
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