CAPE CORAL MAYOR'S SCHOLARSHIP FUND (EIN 650587630) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

TONY SOLGARD

Phone

2395421976

Tax Period

2018-09-01 to 2019-08-31

CAPE CORAL MAYOR'S SCHOLARSHIP FUND, founded in 1995, is a micro nonprofit in the Education sector that reported $47K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $53K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE SCHOLARSHIPS TO CAPE CORAL CITIZENS INTERESTED IN FURTHERING THEIR EDUCATION. SCHOLARSHIPS ARE AWARDED BASED ON A COMBINATION OF SCHOLASTIC ACHIEVEMENT, COMMUNITY COMMITMENT/INVOLVEMENT AND FINANCIAL NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $39,005

Program Service Revenue $7,766

Investment Income $0

Other Revenue $0

TOTAL REVENUE $46,771

Expense Breakdown

Grants Paid $40,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,478

Other Expenses $12,674

TOTAL EXPENSES $53,174

Year-over-Year Comparison

	2018	2017	Change
Revenue	$46,771	$54,330	-0.1%
Expenses	$53,174	$44,109	+0.2%
Net Income	$-6,403	$10,221	-1.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDAN FONOCK	DIRECTOR	1.00	Director	$0	$0	$0
LEIGH ANN CAIN	DIRECTOR	1.00	Director	$0	$0	$0
TRACY MEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK CAGLE	DIRECTOR	1.00	Director	$0	$0	$0
JANIS KEIM	DIRECTOR	1.00	Director	$0	$0	$0
TONY SOLGARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICK WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA GARTIN	DIRECTOR	1.00	Director	$0	$0	$0
RUTH HALEY	DIRECTOR	1.00	Director	$0	$0	$0
LOU PEPPE	TREASURER	1.00	Officer Director	$0	$0	$0
VANESSA SANTIAGO	DIRECTOR	1.00	Director	$0	$0	$0
GARY PEPPERS	DIRECTOR	1.00	Director	$0	$0	$0
JUDY JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
SHELLEY LACHMANN	DIRECTOR	1.00	Director	$0	$0	$0
JO SHRIVER	DIRECTOR	1.00	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
2019	$46,771	$53,174	$29,996	$-6,403
2018	$54,330	$44,109	$36,399	$10,221

CAPE CORAL MAYOR'S SCHOLARSHIP FUND