VTEC SCHOLARSHIP FOUNDATION (EIN 471893330) - 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

2014

Legal Domicile

Principal Officer

JENNIFER ALBA

Tax Period

2023-10-01 to 2024-09-30

VTEC SCHOLARSHIP FOUNDATION, founded in 2014, is a micro nonprofit in the Education sector that reported $54K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $61K exceeded revenue, resulting in a 12% operating deficit.

Mission

VTEC SCHOLARSHIP FOUNDATION PROVIDES ASSISTANCE AND FINANCIAL SUPPORT (SCHOLARSHIPS) TO STUDENTS, STAFF, ACTIVITIES, PROGRAMS AND ACADEMICS OF VTEC HIGH SCHOOL THROUGH FUNDRAISING, DONATIONS, GRANTS AND SCHOLARSHIPS-AS WELL AS ANY OTHER MEANS AS NECESSARY TO ASSIST AND SUPPORT THE SCHOOL PROGRAM AND GOALS.

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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 $61,448

Program Service Revenue $7,050

Investment Income $65

Other Revenue $-14,226

TOTAL REVENUE $54,337

Expense Breakdown

Grants Paid $43,139

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,553

Other Expenses $17,567

TOTAL EXPENSES $60,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,337	$66,435	-0.2%
Expenses	$60,706	$53,560	+0.1%
Net Income	$-6,369	$12,875	-1.5%

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	Role	Reportable Comp	Other Comp	Total
PATRICIA BERCZYNSKI	Trustee	Director	$0	$0	$0
LISA LACY	Director	Director	$0	$0	$0
ASHLEY SCHUTZ	Trustee	Director	$0	$0	$0
KRISTA MCCARTHY	Trustee	Director	$0	$0	$0
JENNIFER CROOK	Trustee	Director	$0	$0	$0
JENNIFER ALBA	President	Officer	$0	$0	$0
DONNA MURPHY	Vice President	Officer	$0	$0	$0
ERIN GREGG	Secretary	Officer	$0	$0	$0
ODILILA LAGUNA	Treasurer	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
2024	$54,337	$60,706	$106,130	$-6,369
2023	$66,435	$53,560	$112,499	$12,875

VTEC SCHOLARSHIP FOUNDATION