UNIT SCHOLARSHIP FUND INC

EIN: 561851232 501(c)(3) Education

FORT BRAGG, NC

Total Revenue
$918,396
Total Expenses
$430,241
Total Assets
$7,588,269
Net Assets
$7,588,269
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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
1993
Legal Domicile
NC
Principal Officer
HENRY EISENBARTH
Phone
9106242304
Tax Period
2024-01-01 to 2024-12-31

UNIT SCHOLARSHIP FUND INC, founded in 1993, is a small nonprofit in the Education sector that reported $918K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $488K, a strong 53% operating margin.

Mission

TO AWARD MERIT BASED EDUCATION SCHOLARSHIPS TO DEPENDENTS OF CURRENT, FORMER, AND RETIRED UNIT MEMBERS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $894,118
Program Service Revenue $0
Investment Income $321,187
Other Revenue $-296,909
TOTAL REVENUE $918,396

Expense Breakdown

Grants Paid $391,655
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $391,655
Other Expenses $38,586
TOTAL EXPENSES $430,241

Year-over-Year Comparison

2024 2023 Change
Revenue $918,396 $765,884 +0.2%
Expenses $430,241 $410,522 +0.0%
Net Income $488,155 $355,362 +0.4%
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

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Governance

Voting Members
16
Independent Members
16
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
5
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRY L EISENBARTH CHAIRMAN 0.00
Officer Director
$0 $0 $0
DON OTTILIGE SECRETARY 0.00
Officer Director
$0 $0 $0
JANET ROBINSON BOARD MEMBER 0.00
Officer Director
$0 $0 $0
KATE MATUZA TREASURER 0.00
Officer Director
$0 $0 $0
DANIELLE STALKER BOARD MEMBER 0.00
Director
$0 $0 $0
CHERI CARLSON BOARD MEMBER 0.00
Director
$0 $0 $0
ELIAS GONZALEZ BOARD MEMBER 0.00
Director
$0 $0 $0
RON MATYSEK BOARD MEMBER 0.00
Director
$0 $0 $0
MIKE SCHROEDOR BOARD MEMBER 0.00
Director
$0 $0 $0
ANNE MUSE BOARD MEMBER 0.00
Director
$0 $0 $0
JEFF TURNER ASSOCIATE BOARD MEMBER 0.00
Director
$0 $0 $0
TRAVIS GETZ ASSOCIATE BOARD MEMBER 0.00
Director
$0 $0 $0
ROBIN JOHNSTON BOARD MEMBER 0.00
Director
$0 $0 $0
TERRY MALMGREN BOARD MEMBER 0.00
Director
$0 $0 $0
EDWARD SCHROEDER BOARD MEMBER 0.00
Director
$0 $0 $0
DAVE WALDRON BOARD MEMBER 0.00
Director
$0 $0 $0
SHAUN CARLSON BOARD MEMBER 0.00
Director
$0 $0 $0
MATT MAJURI BOARD MEMBER 0.00
Director
$0 $0 $0
JOE WOODALL BOARD MEMBER 0.00
Director
$0 $0 $0
OWEN BILL BOARD MEMBER 0.00
Director
$0 $0 $0
HOLIDAE HAYES TRUSTEE 0.00
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 $918,396 $430,241 $7,588,269 $488,155
2023 $765,884 $410,522 $6,805,945 $355,362
2022 $674,371 $322,967 $6,129,270 $351,404
2021 $890,234 $316,467 $6,803,674 $573,767
2020 $804,018 $361,882 $5,999,327 $442,136
2019 $676,676 $322,590 $5,529,474 $354,086
2018 $667,522 $320,997 $4,701,741 $346,525
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