MARTHA MILLER AND J P HACKENY SR S… - 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

1982

Legal Domicile

Principal Officer

KIM RAY

Phone

7043335428

Tax Period

2024-07-01 to 2025-06-30

MARTHA MILLER AND J P HACKENY SR SCHOLARSHIP FUND, founded in 1982, is a micro nonprofit in the Education sector that reported $99K in total revenue in fiscal year 2024. The organization ran a surplus of $77K, a strong 77% operating margin.

Mission

PROVIDE SCHOLARSHIPS TO ELIGIBLE YOUTH

Program Service Accomplishments

Program 1

Expenses: $22,665 Revenue: $0

THE ST. JOHN'S BAPTIST CHURCH HACKNEY SCHOLARSHIP FUND WAS FORMED BY A BEQUEST OF MILDRED HACKNEY SMITH. THE PURPOSE OF THE BEQUEST WAS TO ESTABLISH A SCHOLARSHIP TRUST FUND TO BE USED TO AWARD...

THE ST. JOHN'S BAPTIST CHURCH HACKNEY SCHOLARSHIP FUND WAS FORMED BY A BEQUEST OF MILDRED HACKNEY SMITH. THE PURPOSE OF THE BEQUEST WAS TO ESTABLISH A SCHOLARSHIP TRUST FUND TO BE USED TO AWARD SCHOLARSHIPS TO DESERVING STUDENTS HAVING HIGH MORAL CHARACTER FOR ADMISSION TO FURMAN UNIVERSITY, WAKE FOREST UNIVERSITY OR WINGATE UNIVERSITY. SCHOLARSHIPS ARE AWARDED ON AN ANNUAL BASIS TO STUDENTS WHO HAVE COMPLETED THE APPLICATION PROCESS AND BEEN APPROVED BY THE DIRECTORS.

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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 $99,226

Other Revenue $0

TOTAL REVENUE $99,226

Expense Breakdown

Grants Paid $18,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,665

Other Expenses $4,665

TOTAL EXPENSES $22,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$99,226	N/A	N/A
Expenses	$22,665	$38,615	-0.4%
Net Income	$76,561	$-38,615	-3.0%

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
RUSSELL NORRIS	CHAIRPERSON	1	Officer Director	$0	$0	$0
ANNA CUSHMAN	DIRECTOR	1	Director	$0	$0	$0
ALICE WIRZ	DIRECTOR	1	Director	$0	$0	$0
LINDSAY WILSON	DIRECTOR	1	Director	$0	$0	$0
JORDAN BENTON	DIRECTOR	1	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
2025	$99,226	$22,665	$880,355	$76,561
2024	No data	No data	No data	No data
2023	No data	$15,341	$764,703	No data
2022	No data	$16,560	$715,187	No data
2021	No data	$18,254	$844,011	No data
2020	$10	$11,447	$702,875	$-11,437
2019	$15,848	$21,630	$674,570	$-5,782
2018	$15,368	$19,050	$661,754	$-3,682

MARTHA MILLER AND J P HACKENY SR SCHOLARSHIP FUND