HARRY GORE SCHOLARSHIP

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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

1952

Legal Domicile

Principal Officer

MICHAEL VAUGHAN COMMERCE

Phone

3162614891

Tax Period

2025-01-01 to 2025-12-31

HARRY GORE SCHOLARSHIP, founded in 1952, is a small nonprofit that reported $402K in total revenue in fiscal year 2025. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 43% operating margin.

Mission

THE ORGANIZATION PROVIDES SCHOLARSHIP FUNDS TO STUDENTS OF WICHITA STATE UNIVERSITY WHO HAVE BEEN SELECTED BY THE WICHITA STATE UNIVERSITY SCHOLARSHIP COMMITTEE.

Program Service Accomplishments

Program 1

Expenses: $207,097

HARRY GORE SCHOLARSHIP FUND ISSUES SCHOLARSHIP PAYMENTS TO WICHITA STATE UNIVERSITY (WSU) SCHOLARSHIP RECIPIENTS AS DIRECTED BY WSU.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $401,761

Other Revenue $0

TOTAL REVENUE $401,761

Expense Breakdown

Grants Paid $184,000

Salaries & Benefits $46,194

Fundraising Expenses $0

Program Expenses $207,097

Other Expenses $0

TOTAL EXPENSES $230,194

Year-over-Year Comparison

	2025	2024	Change
Revenue	$401,761	$210,514	+0.9%
Expenses	$230,194	$223,230	+0.0%
Net Income	$171,567	$-12,716	-14.5%

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

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
ELIZABETH KING	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW GORE	TRUSTEE	1.00	Director	$0	$0	$0
N/A	TRUSTEE	1.00		$46,195	$0	$46,195

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
2025	$401,761	$230,194	$4,333,461	$171,567
2024	$210,514	$223,230	$4,161,894	$-12,716
2023	$78,388	$215,224	$4,174,610	$-136,836
2022	$161,192	$238,126	$4,311,446	$-76,934
2021	$512,499	$214,109	$4,370,840	$298,390
2020	$335,509	$200,921	$4,072,636	$134,588
2019	$305,308	$183,561	$3,938,201	$121,747