LOCAL 137 NICHOLAS SIGNORELLI SR SCHOLARSHIP FUND (EIN 611778550) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

JEFFREY LOUGHLIN

Phone

9147620600

Tax Period

2024-10-01 to 2025-09-30

LOCAL 137 NICHOLAS SIGNORELLI SR SCHOLARSHIP FUND, founded in 2016, is a micro nonprofit in the Education sector that reported $87K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $158K exceeded revenue, resulting in a 83% operating deficit.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES; TO GRANT SCHOLARSHIPS TO QUALIFIED DEPENDENTS OF MEMBERS OF THE INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 137; TO HOLD MEETINGS AND OTHER ACTIVITIES FOR INSTRUCTION AND INFORMATION ON THE VARIOUS PURPOSES; TO ACCEPT DONATIONS OF MONEY, REALPROPERTY OR OTHER PROPERTY; AND TO DO ANY LAWFUL ACT CONSISTENT WITH THE ORGANIZATION'S PURPOSES.

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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 $85,483

Program Service Revenue $0

Investment Income $1,322

Other Revenue $0

TOTAL REVENUE $86,805

Expense Breakdown

Grants Paid $138,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,000

Other Expenses $20,460

TOTAL EXPENSES $158,460

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,805	$92,525	-0.1%
Expenses	$158,460	$170,152	-0.1%
Net Income	$-71,655	$-77,627	-0.1%

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

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

Total Directors

$1,046,279

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY LOUGHLIN	DIRECTOR	1.00	Director	$0	$95,695	$349,175
JAMES SASSO	DIRECTOR	1.00	Director	$0	$147,417	$358,548
MICHAEL MILLER	DIRECTOR	1.00	Director	$0	$127,712	$338,556

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	$86,805	$158,460	$181,995	$-71,655
2024	$92,525	$170,152	$253,650	$-77,627
2023	$137,067	$107,684	$331,277	$29,383
2022	$134,644	$115,399	$301,894	$19,245

LOCAL 137 NICHOLAS SIGNORELLI SR SCHOLARSHIP FUND