GEORGE SNOW SCHOLARSHIP FUND INC

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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

1981

Legal Domicile

Principal Officer

TIMOTHY G SNOW

Phone

5613476799

Tax Period

2022-01-01 to 2022-12-31

GEORGE SNOW SCHOLARSHIP FUND INC, founded in 1981, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year.

Mission

TO HELP HARD WORKING STUDENTS IN SOUTH FLORIDA TO GRADUATE FROM COLLEGE BY PROVIDING FINANCIAL AID AND WRAP AROUND SUPPORT SERVICES. OUR GOAL IS TO ENSURE THAT NO STUDENT IS DEPRIVED OF AN EDUCATION BECAUSE OF A SHORTAGE OF FUNDS OR LACK OF SUPPORT.

Program Service Accomplishments

Program 1

Expenses: $3,359,946 Revenue: $121,451

EDUCATIONAL GRANTS: IN ADDITION TO SCHOLARSHIP AWARDS, THE FUND PROVIDES ITS SCHOLARS WITH SUPPORT, GUIDANCE AND RESOURCES THROUGHOUT THE STUDENT'S COLLEGE EXPERIENCE. IN 2022, WE HAD OVER 1,280...

EDUCATIONAL GRANTS: IN ADDITION TO SCHOLARSHIP AWARDS, THE FUND PROVIDES ITS SCHOLARS WITH SUPPORT, GUIDANCE AND RESOURCES THROUGHOUT THE STUDENT'S COLLEGE EXPERIENCE. IN 2022, WE HAD OVER 1,280 APPLICATIONS FOR OUR SCHOLARSHIPS AND AWARDED MORE THAN $2.2 MILLION IN SCHOLARSHIPS AND SCHOLAR SUPPORT SERVICES TO 281 SCHOLARS. IN ADDITION TO OUR NEW AWARDEES, WE PROVIDED CONTINUED SUPPORT AND GUIDANCE TO OUR 644 SNOW SCHOLARS CURRENTLY WORKING ON THEIR DEGREES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,813,692

Program Service Revenue $121,451

Investment Income $-205,078

Other Revenue $-116,366

TOTAL REVENUE $3,613,699

Expense Breakdown

Grants Paid $2,669,316

Salaries & Benefits $448,261

Fundraising Expenses $103,330

Program Expenses $3,359,946

Other Expenses $526,776

TOTAL EXPENSES $3,644,353

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,613,699	$3,884,938	-0.1%
Expenses	$3,644,353	$3,152,725	+0.2%
Net Income	$-30,654	$732,213	-1.0%

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

Volunteers

302

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

$213,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY J FEDELE	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
LISA KAUFMAN	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBIN M DEYO	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHEN L HASKINS	TREASURER	1.00	Officer Director	$0	$0	$0
ALBERT J TRAVASOS	PAST CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
FRANK A BARBIERI JR	TRUSTEE	1.00	Director	$0	$0	$0
NANCY DOCKERTY	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS FASH	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTINA M FUENTES	TRUSTEE	1.00	Director	$0	$0	$0
INGRID A FULMER	TRUSTEE	1.00	Director	$0	$0	$0
PETER F GARY	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS A HEAD	TRUSTEE	1.00	Director	$0	$0	$0
DAVID R HOFER	TRUSTEE	1.00	Director	$0	$0	$0
ELIAS JANETIS	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW MASCHLER	TRUSTEE	1.00	Director	$0	$0	$0
FRAN NACHLAS	TRUSTEE	1.00	Director	$0	$0	$0
DONNA L PARLAPIANO	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER S SNOW	TRUSTEE	1.00	Director	$0	$0	$0
SAVANNAH G SNOW	TRUSTEE	1.00	Director	$0	$0	$0
EDUARDO L SORDO	TRUSTEE	1.00	Director	$0	$0	$0
KYLE STEWART	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY G SNOW	PRESIDENT	55.00	Officer	$213,700	$0	$213,700
BONNIE SNOW	CONTROLLER	40.00	Highest	$103,572	$0	$103,572

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$3,613,699	$3,644,353	$8,968,886	$-30,654
2021	$3,884,938	$3,152,725	$8,585,790	$732,213
2020	$2,450,922	$1,994,984	$6,971,990	$455,938
2019	$2,383,990	$2,071,369	$6,114,953	$312,621
2018	$2,400,643	$1,485,722	$5,339,759	$914,921