Miller Bullen Hansen Scholarship F… - 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

Principal Officer

Ryan Lindsey

Phone

4357552000

Tax Period

2023-01-01 to 2023-12-31

Miller Bullen Hansen Scholarship Foundation Inc, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $241K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Net assets of $2.8M represent 138 months of operating reserves.

Mission

TO PROVIDE FINANCIAL SUPPORT TO THE WESTERN GOVERNORS UNIVERSITY SCHOLARSHIP PROGRAM.

Program Service Accomplishments

Program 1

Expenses: $245,000

TO PROVIDE FINANCIAL SUPPORT TO THE WESTERN GOVERNORS UNIVERSITY SCHOLARSHIP PROGRAM.

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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 $240,981

Other Revenue $0

TOTAL REVENUE $240,981

Expense Breakdown

Grants Paid $245,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $245,000

Other Expenses $3,690

TOTAL EXPENSES $248,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,981	$342,781	-0.3%
Expenses	$248,690	$246,259	+0.0%
Net Income	$-7,709	$96,522	-1.1%

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

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
SCOTT PULSIPHER	PRESIDENT, TRUSTEE	Officer Director	$0	$0	$0
DAVID GROW	VICE PRESIDENT, TRUSTEE	Officer Director	$0	$0	$0
ANNALISA HOLCOMBE	TRUSTEE	Director	$0	$0	$0
DELL LOY HANSEN	TRUSTEE	Director	$0	$0	$0
JOHN MILLER	TRUSTEE	Director	$0	$0	$0
JONATHAN BULLEN	TRUSTEE	Director	$0	$0	$0
BOB COLLINS	TRUSTEE	Director	$0	$0	$0
RYAN LINDSEY	SECRETARY	Officer	$0	$0	$0
FRANK COPPIN	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	No data	No data	No data	No data
2023	$240,981	$248,690	$2,777,806	$-7,709
2022	$342,781	$246,259	$2,785,515	$96,522
2021	$277,044	$243,411	$2,688,993	$33,633
2020	$174,870	$242,743	$2,655,360	$-67,873
2019	$191,972	$472,667	$2,723,233	$-280,695
2018	$111,283	$256,200	$3,003,928	$-144,917

Miller Bullen Hansen Scholarship Foundation Inc