R D & Hazel Flippo Scholarship Trust

EIN: 596640248 501(c)(3)

Eustis, FL

Total Revenue
$15,879
Total Expenses
$23,172
Total Assets
$561,085
Net Assets
$561,085
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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
1996
Legal Domicile
FL
Phone
3524835880
Tax Period
2024-01-01 to 2024-12-31

R D & Hazel Flippo Scholarship Trust, founded in 1996, is a micro nonprofit that reported $16K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $23K exceeded revenue, resulting in a 46% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS TO STETSON UNIVERSITY STUDENTS

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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 $15,879
Other Revenue $0
TOTAL REVENUE $15,879

Expense Breakdown

Grants Paid $15,669
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,669
Other Expenses $7,503
TOTAL EXPENSES $23,172

Year-over-Year Comparison

2024 2023 Change
Revenue $15,879 $42,343 -0.6%
Expenses $23,172 $21,922 +0.1%
Net Income $-7,293 $20,421 -1.4%
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
N/A
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN TALLMAN TRUSTEE 0.00
$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 $15,879 $23,172 $561,085 $-7,293
2023 $42,343 $21,922 $550,658 $20,421
2022 $24,433 $15,565 $553,114 $8,868
2021 $17,542 $16,672 $580,479 $870
2020 $19,449 $18,405 $561,783 $1,044
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