THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND INC (EIN 521097109) - 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

1986

Legal Domicile

Principal Officer

MARTIN KNOTT

Phone

4433257884

Tax Period

2024-01-01 to 2024-12-31

THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND INC, founded in 1986, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 14% surplus.

Mission

THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND'S FUND'S MISSION IS TO SUPPORT CERTAIN TAX EXEMPT INSTITUTIONS IN THE STATE OF MARYLAND.

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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 $0

Program Service Revenue $0

Investment Income $4,345,592

Other Revenue $0

TOTAL REVENUE $4,345,592

Expense Breakdown

Grants Paid $2,578,464

Salaries & Benefits $152,882

Fundraising Expenses $0

Program Expenses $2,578,464

Other Expenses $1,001,760

TOTAL EXPENSES $3,733,106

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,345,592	$1,924,546	+1.3%
Expenses	$3,733,106	$3,494,363	+0.1%
Net Income	$612,486	$-1,569,817	-1.4%

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

Volunteers

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

$259,312

Total Directors

$1,800,294

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE SAWYER	Trustee	1.00	Director	$0	$46,648	$655,890
Dr Marylou Yam	Trustee	1.00	Director	$0	$10,171	$396,461
John Coppola - until 924	Treasurer	5.00	Officer Director	$0	$15,556	$259,312
Jack Chielli - until 924	Trustee	1.00	Director	$0	$20,687	$248,083
Gerald Joyce	Trustee	1.00	Director	$0	$11,163	$240,548
MARTIN KNOTT	President	1.00	Officer Director	$0	$0	$0
Owen Knott	Treasurer	5.00	Officer 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	$4,345,592	$3,733,106	$83,251,348	$612,486
2023	$1,924,546	$3,494,363	$77,708,503	$-1,569,817
2022	$3,148,060	$3,033,004	$72,478,818	$115,056
2021	$5,228,746	$3,796,318	$84,958,204	$1,432,428
2020	$987,564	$2,232,109	$75,889,811	$-1,244,545
2019	$1,631,628	$2,435,191	$69,778,717	$-803,563
2018	$1,728,764	$3,689,172	$61,314,375	$-1,960,408

THE MARION I AND HENRY J KNOTT SCHOLARSHIP FUND INC