SCOTT FOUNDATION

EIN: 470980880 501(c)(3)

Cave Creek, AZ

Total Revenue
$1,843,068
Total Expenses
$2,251,689
Total Assets
$200,555
Net Assets
$-371,380
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AZ
Principal Officer
COLLEEN WALSKI
Phone
4806889800
Tax Period
2021-01-01 to 2021-12-31

SCOTT FOUNDATION, founded in 2007, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2021. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $2.3M exceeded revenue, resulting in a 22% operating deficit.

Mission

Children social awarness programs that disrupt the social norm to spark the potential greatness for kids in the community. With focus on developing inner wealth, we believe in making the world more peaceful and loving.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,983,629
Program Service Revenue $0
Investment Income $0
Other Revenue $-140,561
TOTAL REVENUE $1,843,068

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,558
Fundraising Expenses $0
Program Expenses $2,190,148
Other Expenses $2,037,131
TOTAL EXPENSES $2,251,689

Year-over-Year Comparison

2021 2020 Change
Revenue $1,843,068 $1,606,242 +0.1%
Expenses $2,251,689 $1,634,599 +0.4%
Net Income $-408,621 $-28,357 +13.4%
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
8
Independent Members
8
Employees
5
Volunteers
75

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
$78,462
Total Directors
6
$15,080
Key Employees
1
$78,462
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Colleen Walski President/CEO 40.00
Officer Key Emp
$78,462 $0 $78,462
JACKIE WSZALEK Director 2.00
Director
$0 $0 $0
Bob Roca Director 2.00
Director
$0 $0 $0
Maggie Webster Director 2.00
Director
$0 $0 $0
Ron Moser Director 2.00
Director
$0 $0 $0
Joyce Moser Director 2.00
Director
$0 $0 $0
Suzanne Lanctot Secretary 2.00
Director
$15,080 $0 $15,080
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
2021 $1,843,068 $2,251,689 $200,555 $-408,621
2020 $1,606,242 $1,634,599 $262,506 $-28,357
2019 $521,277 $495,392 $92,440 $25,885
2018 $262,142 $192,654 $81,112 $69,488
2017 $248,247 $225,469 $64,862 $22,778
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