THE SCHOLARSHIP FOUNDATION OF THE NAVY WIVES CLUBS OF AMERICA INC

EIN: 526050012 501(c)(3) Education

NSA MIDMILLINGTON, TN

Total Revenue
$64,227
Total Expenses
$46,719
Total Assets
$286,098
Net Assets
$286,098
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
DC
Principal Officer
NANCY NEW
Phone
7574073947
Tax Period
2021-09-01 to 2022-08-31

THE SCHOLARSHIP FOUNDATION OF THE NAVY WIVES CLUBS OF AMERICA INC, founded in 1953, is a micro nonprofit in the Education sector that reported $64K in total revenue in fiscal year 2021. Revenue surged 196% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 27% operating margin.

Mission

THE ORGANIZATION AWARDS SCHOLARSHIPS TO ELIGIBLE INDIVIDUALS TO ASSIST WITH TUITION AT A COLLEGE OR UNIVERSITY FOR EDUCATIONAL PURPOSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $47,945
Program Service Revenue $0
Investment Income $16,182
Other Revenue $100
TOTAL REVENUE $64,227

Expense Breakdown

Grants Paid $37,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,753
Other Expenses $9,719
TOTAL EXPENSES $46,719

Year-over-Year Comparison

2021 2020 Change
Revenue $64,227 $21,672 +2.0%
Expenses $46,719 $45,848 +0.0%
Net Income $17,508 $-24,176 -1.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELEANOR HAMBY SCHOLARSHIP DIRECTOR 10.00
Officer Director
$0 $0 $0
NANCY NEW SECRETARY/TREASURER 10.00
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
2022 $64,227 $46,719 $286,098 $17,508
2019 $76,092 $45,706 $322,652 $30,386
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE SCHOLARSHIP FOUNDATION OF THE NAVY WIVES CLUBS OF AMERICA INC with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.