THE BLOOMFIELD SCHOLARSHIP FUNDINC

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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

2014

Legal Domicile

Principal Officer

DOLPH F BECKER

Tax Period

2020-01-01 to 2020-12-31

THE BLOOMFIELD SCHOLARSHIP FUNDINC, founded in 2014, is a small nonprofit that reported $171K in total revenue in fiscal year 2020. Expenses of $265K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO BLOOMFIELD, CT RESIDENTS WHO HAVE FINISHED HIGH SCHOOL AND WISH TO ATTEND AN INSTITUTION OF HIGHER LEARNING.

Program Service Accomplishments

Program 1

Expenses: $263,300

SCHOLARSHIPS ISSUED AND DONATIONS TO CHARITABLE ORGANIZTIONS

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $168,597

Other Revenue $2,750

TOTAL REVENUE $171,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $263,300

Other Expenses $265,013

TOTAL EXPENSES $265,013

Year-over-Year Comparison

	2020	2019	Change
Revenue	$171,347	N/A	N/A
Expenses	$265,013	N/A	N/A
Net Income	$-93,666	N/A	N/A

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

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
DOLPH F BECKER	PRES/TREAS/D	2.00	Officer Director	$0	$0	$0
MARJORIE K BECKER	VP/SEC/DIR	0.50	Officer Director	$0	$0	$0
ALLAN THOMPSON	DIRECTOR	0.50	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
2020	$171,347	$265,013	$18,713	$-93,666