KEITH KOSTER MEMORIAL SCHOLARSHIP FUND INC

EIN: 571237376 501(c)(3) Education

DEERFIELD BEACH, FL

Total Revenue
$12,500
Total Expenses
$20,600
Total Assets
$353,496
Net Assets
$353,496
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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
2006
Legal Domicile
FL
Principal Officer
RICHARD KOSTER
Phone
9787710834
Tax Period
2024-01-01 to 2024-12-31

KEITH KOSTER MEMORIAL SCHOLARSHIP FUND INC, founded in 2006, is a micro nonprofit in the Education sector that reported $12K in total revenue in fiscal year 2024. Expenses of $21K exceeded revenue, resulting in a 65% operating deficit.

Mission

SCHOLARSHIPS AWARDED TO DESERVING INDIVIDUALS

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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 $0
Program Service Revenue $0
Investment Income $12,500
Other Revenue $0
TOTAL REVENUE $12,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,600
Other Expenses $20,600
TOTAL EXPENSES $20,600

Year-over-Year Comparison

2024 2023 Change
Revenue $12,500 $12,607 0.0%
Expenses $20,600 $15,615 +0.3%
Net Income $-8,100 $-3,008 +1.7%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD KOSTER PRESIDENT 10.00
Director
$0 $0 $0
RICHARD KOSTER JR VICE PRESIDENT 2.00
Director
$0 $0 $0
EILEEN J KOSTER TREASURER 2.00
Director
$0 $0 $0
KEVIN KOSTER SECY 2.00
Director
$0 $0 $0
BRIAN KOSTER VICE PRESIDENT 2.00
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 $12,500 $20,600 $353,496 $-8,100
2023 $12,607 $15,615 No data $-3,008
2022 $7,037 $6,305 No data $732
2021 $13,269 $9,486 No data $3,783
2020 $12,804 $7,672 No data $5,132
2019 $13,078 $18,043 No data $-4,965
2018 $15,618 $8,293 $346,637 $7,325
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