CLARENCE SCHOCK SCHOLARSHIP & FELL… - Form 990 Financial Data

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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

Phone

7172557652

Tax Period

2023-11-01 to 2024-10-31

CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $359K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $307K left a modest 14% surplus.

Mission

MAKING DISTRIBUTIONS TO ORGANIZATIONS FOR CHARITABLE PURPOSES AND PROVIDING SCHOLARSHIPS, IN THE NAME AND MEMORY OF CLARENCE SCHOCK, TO DESERVING STUDENTS AT MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY.

Program Service Accomplishments

Program 1

Expenses: $258,633

PROVIDED FUNDING TO FOUR SUPPORTED ORGANIZATIONS (MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY) FOR THE CREATION AND ONGOING ADMINISTRATION OF...

PROVIDED FUNDING TO FOUR SUPPORTED ORGANIZATIONS (MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY) FOR THE CREATION AND ONGOING ADMINISTRATION OF SCHOLARSHIP PROGRAMS IN THE NAME AND MEMORY OF CLARENCE SCHOCK, WHICH PROVIDE SCHOLARSHIPS THAT SATISFY A MINIMUM OF 20% OF THE RECIPIENTS TUITION FOR EIGHT SEMESTERS AND FELLOWSHIPS TO DESERVING STUDENTS AT THE NAMED UNIVERSITIES.

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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 $0

Program Service Revenue $0

Investment Income $358,801

Other Revenue $0

TOTAL REVENUE $358,801

Expense Breakdown

Grants Paid $258,633

Salaries & Benefits $41,270

Fundraising Expenses $0

Program Expenses $258,633

Other Expenses $7,193

TOTAL EXPENSES $307,096

Year-over-Year Comparison

	2023	2022	Change
Revenue	$358,801	$394,039	-0.1%
Expenses	$307,096	$327,810	-0.1%
Net Income	$51,705	$66,229	-0.2%

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

N/A

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
N/A	TRUSTEE	8.0		$41,791	$0	$41,791

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	$358,801	$307,096	$6,767,880	$51,705
2023	$394,039	$327,810	$6,716,722	$66,229
2022	$522,555	$722,591	$6,649,242	$-200,036
2021	$635,642	$47,285	$6,856,584	$588,357
2020	$337,192	$329,447	$6,270,765	$7,745

CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP