Memorial Scholarship Program of Freedom Village

EIN: 650597726 501(c)(3) Philanthropy & Grantmaking

Bradenton, FL

Total Revenue
$109,844
Total Expenses
$167,130
Total Assets
$767,131
Net Assets
$767,131
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Principal Officer
Joe Tom Burch
Phone
9414003796
Tax Period
2025-01-01 to 2025-12-31

Memorial Scholarship Program of Freedom Village, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $110K in total revenue in fiscal year 2025. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 52% operating deficit.

Mission

To grant college scholarships.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $72,815
Program Service Revenue $0
Investment Income $37,029
Other Revenue $0
TOTAL REVENUE $109,844

Expense Breakdown

Grants Paid $166,496
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $167,130
Other Expenses $634
TOTAL EXPENSES $167,130

Year-over-Year Comparison

2025 2024 Change
Revenue $109,844 $188,023 -0.4%
Expenses $167,130 $120,615 +0.4%
Net Income $-57,286 $67,408 -1.8%
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

Sign In

Governance

Voting Members
9
Independent Members
9
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Judd Member at Large 4.00
Director
$0 $0 $0
Helga Sotiriou Member at Large 4.00
Director
$0 $0 $0
Eileen Raab Recording Secretary 6.00
Officer Director
$0 $0 $0
Steve Graham Member at Large 10.00
Director
$0 $0 $0
Joseph Blitzko Treasurer 15.00
Officer Director
$0 $0 $0
David Hauck Vice Chair 10.00
Officer Director
$0 $0 $0
Linda Smith Corresponding Secretary 15.00
Officer Director
$0 $0 $0
Joe Tom Burch Chair 10.00
Officer Director
$0 $0 $0
Patricia Walcheski Member at Large 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
2025 $109,844 $167,130 $767,131 $-57,286
2024 No data No data No data No data
2023 $58,328 $81,099 $757,009 $-22,771
2022 $48,231 $27,978 $747,740 $20,253
2021 $76,271 $67,782 $724,268 $8,489
2020 $136,511 $69,048 $714,393 $67,463
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Memorial Scholarship Program of Freedom Village with other nonprofits in Florida and across the country.