MARK CHARBONNIER SCHOLARSHIP FUND INC

EIN: 471127421 501(c)(3) Unknown

BRAINTREE, MA

Total Revenue
$111,152
Total Expenses
$151,726
Total Assets
$190,509
Net Assets
$190,509
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MA
Principal Officer
STEVEN CHARBONNIER
Phone
6175846442
Tax Period
2024-01-01 to 2024-12-31

MARK CHARBONNIER SCHOLARSHIP FUND INC, founded in 2014, is a small nonprofit in the Unknown sector that reported $111K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $152K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE ORGANIZATION WILL ESTABLISH, SPONSOR AND CONDUCT AN ANNUAL CHARITABLE GOLF TOURNAMENT FOR THE SOLE PURPOSE OF PROVIDING GRANTS, DONATIONS AND GIFTS IN THE

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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 $101,178
Program Service Revenue $0
Investment Income $9,974
Other Revenue $0
TOTAL REVENUE $111,152

Expense Breakdown

Grants Paid $11,335
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $145,916
Other Expenses $140,391
TOTAL EXPENSES $151,726

Year-over-Year Comparison

2024 2023 Change
Revenue $111,152 $147,734 -0.2%
Expenses $151,726 $146,573 +0.0%
Net Income $-40,574 $1,161 -35.9%
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
4
Independent Members
4
Employees
N/A
Volunteers
22

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN CHARBONNIER PRESIDENT 10.00
Officer Director
$0 $0 $0
ALBERT CHARBONNIER TREASURER 10.00
Officer Director
$0 $0 $0
MARYANN QUINN CLERK 10.00
Officer Director
$0 $0 $0
LORRAINE ELDER DIRECTOR 2.00
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
2024 $111,152 $151,726 $190,509 $-40,574
2023 $147,734 $146,573 $231,083 $1,161
2022 $148,099 $163,133 $219,963 $-15,034
2021 $148,088 $112,438 $268,112 $35,650
2020 $28,296 $113,678 $232,464 $-85,382
2019 $293,201 $245,399 $316,533 $47,802
2018 $153,476 $161,816 $242,110 $-8,340
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