THE JORDAN KRAKAUER MEMORIAL SCHOL… - 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

2015

Legal Domicile

Principal Officer

FRAN BOLLER

Phone

2016886346

Tax Period

2024-01-01 to 2024-12-31

THE JORDAN KRAKAUER MEMORIAL SCHOLARSHIP CORPORATION, founded in 2015, is a micro nonprofit in the Education sector that reported $14K in total revenue in fiscal year 2024. Expenses of $31K exceeded revenue, resulting in a 122% operating deficit.

Mission

THE JORDAN KRAKAUER MEMORIAL SCHOLARSHIP FUND HAS BEEN SET UP IN MEMORY OF JORDAN. THE SCHOLARSHIP WILL BE AWARDED YEARLY TO THE CANDIDATE WHO MOST EXEMPLIFIES THE QUALITIES OF JORDAN. THIS AWARD IS NOT ONLY FOR THE SCHOLAR, BUT FOR THE PERSON WHO ALWAYS STOOD UP FOR THE UNDERDOG AND ALWAYS HELPED THOS WHO ARE LESS PRIVILEGED THAN HIMSELF. THE CANDIDATE MUST BE MAJORING IN THE FIELD OF SPORTS MARKETING OR MANAGEMENT AT ANY COLLEGE IN THE U.S. AND MUST BE ENROLLED FULL-TIME.

Program Service Accomplishments

Program 1

Expenses: $30,554 Revenue: $13,787

DONATIONS FROM INDIVIDUAL CONTRIBUTORS

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,787

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,787

Expense Breakdown

Grants Paid $27,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,554

Other Expenses $3,554

TOTAL EXPENSES $30,554

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,787	$14,152	0.0%
Expenses	$30,554	$21,588	+0.4%
Net Income	$-16,767	$-7,436	+1.3%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS BOLLER	TRUSTEE	0.00	Director	$0	$0	$0
RICK MINA	TRUSTEE	10.00	Director	$0	$0	$0
JACK HADDARD	TRUSTEE	0.00	Director	$0	$0	$0
LARRY MILLER	TRUSTEE	0.00	Director	$0	$0	$0
CARL BANKS	TRUSTEE	0.00	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	$13,787	$30,554	$289,208	$-16,767
2023	$14,152	$21,588	$305,975	$-7,436
2022	$146,133	$40,235	$313,411	$105,898
2021	$85,189	$64,227	$207,513	$20,962
2020	$25,083	$31,030	$186,551	$-5,947
2019	$67,709	$28,870	$192,498	$38,839
2018	$63,334	$37,462	$153,659	$25,872

THE JORDAN KRAKAUER MEMORIAL SCHOLARSHIP CORPORATION