VAWVRC OFFICERS SPOUSES ASSOC (EIN 541673670) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

VAWVRC Officers Spouses Assoc VAWVRC Memorial Scholarship Fund, founded in 1999, is a micro nonprofit in the Education sector that reported $98K in total revenue in fiscal year 2018. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 68% operating margin.

Mission

TO PROVIDE MEMORIAL SCHOLORSHIPS TO CHILDREN OF MEMBERS OF THE VAW/VRC AVIATION COMMUNITY WHO DIED ON ACTIVE DUTY, AND TO PROVIDE MERIT SCHOLARSHIPS TO DEPENDENDTS (SPOUSE OR CHILD) OF U.S. NAVY ENLISTED OR OFFICER PERSONNEL WHO HAVE SERVED, OR ARE SERVING IN THE VAW/VRC AVIATIO

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,441

Program Service Revenue $0

Investment Income $66,250

Other Revenue $0

TOTAL REVENUE $111,691

Expense Breakdown

Grants Paid $52,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,000

Other Expenses $2,331

TOTAL EXPENSES $54,331

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,691	N/A	N/A
Expenses	$54,331	N/A	N/A
Net Income	$57,360	N/A	N/A

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
JULIE SWANSON	PRESIDENT	Officer	$0	$0	$0
LAUREN BEATON	VICE PRESIDENT MEMORIAL SCHOLARSHIP	Officer	$0	$0	$0
JENNIFER COLEMAN	SECRETARY	Officer	$0	$0	$0
KARA BROWNING	V PRESIDENT MEMORIAL SCHOLARSHIPS	Officer	$0	$0	$0
LISA HOWELL	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	$111,691	$54,331	$886,268	$57,360
2023	$94,176	$58,841	$654,307	$35,335
2022	$53,400	$58,945	$645,596	$-5,545
2021	$124,579	$56,909	$795,061	$67,670
2020	$102,978	$41,221	$686,540	$61,757
2019	$88,725	$45,493	$575,987	$43,232
2018	$97,987	$31,505	$525,589	$66,482

VAWVRC OFFICERS SPOUSES ASSOC