POLSON SCHOLARSHIP EDUCATION FOUNDATION (EIN 464291123) - 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

2013

Legal Domicile

Principal Officer

PAT DEVRIES

Phone

4068839250

Tax Period

2023-01-01 to 2023-12-31

POLSON SCHOLARSHIP EDUCATION FOUNDATION, founded in 2013, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 73% operating deficit.

Mission

PROVIDED $53,723 IN SCHOLARSHIPS TO POLSON GRADS FOR HIGHER EDUCATION AND TEACHER GRANTS FOR SCHOOL DISTRICT CLASSROOMS

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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 $16,104

Program Service Revenue $0

Investment Income $13,154

Other Revenue $2,274

TOTAL REVENUE $31,532

Expense Breakdown

Grants Paid $53,723

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,442

Other Expenses $719

TOTAL EXPENSES $54,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,532	$47,525	-0.3%
Expenses	$54,442	$48,309	+0.1%
Net Income	$-22,910	$-784	+28.2%

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

Governance

Voting Members

Independent Members

N/A

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
PADDY TRUSLER	President	1.00	Officer	$0	$0	$0
PAT DEVRIES	Treasurer	2.00	Officer	$0	$0	$0
CHRIS STROM	Secretary	2.00	Officer	$0	$0	$0
MARC VERGERONT	FINANCIAL ADVIS	1.00	Officer	$0	$0	$0
BECKY DUPUIS	Director	1.00	Officer	$0	$0	$0
RYAN GAGE	Director	1.00	Officer	$0	$0	$0
TRACIE MCDONALD	Director	1.00	Officer	$0	$0	$0
DENISE PETERSON	Director	1.00	Officer	$0	$0	$0
LESLIE DALBEY	Vice President	1.00	Officer	$0	$0	$0
JUDIE WOODHOUSE	Director	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$31,532	$54,442	$503,646	$-22,910
2022	$47,525	$48,309	$526,555	$-784
2021	$186,612	$57,759	$527,339	$128,853

POLSON SCHOLARSHIP EDUCATION FOUNDATION