WRIGHT SIMON TIMMERMANN SCHOLARSHI… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

WES CLARK

Phone

8306435700

Tax Period

2020-05-01 to 2021-04-30

WRIGHT SIMON TIMMERMANN SCHOLARSHIP FUND, founded in 1967, is a small nonprofit that reported $337K in total revenue in fiscal year 2020. The organization ran a surplus of $297K, a strong 88% operating margin.

Mission

PROVIDE COLLEGE SCHOLARSHIPS FOR GRADUATING HIGH SCHOOL STUDENTS

Program Service Accomplishments

Program 1

Expenses: $39,572

THIS SCHOLARSHIP FUND IS ENGAGED EXCLUSIVELY IN OFFERING SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS IN THE NEW BRAUNFELS ISD. NEW BRAUNFELS HIGH SCHOOL HAS AN APPROXIMATE ENROLLMENT OF 2,722...

THIS SCHOLARSHIP FUND IS ENGAGED EXCLUSIVELY IN OFFERING SCHOLARSHIPS TO QUALIFIED HIGH SCHOOL STUDENTS IN THE NEW BRAUNFELS ISD. NEW BRAUNFELS HIGH SCHOOL HAS AN APPROXIMATE ENROLLMENT OF 2,722 STUDENTS DURING THE FYE 4/30/21 AND OF THIS TOTAL, 13 STUDENTS QUALIFIED FOR SCHOLARSHIPS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,450

Program Service Revenue $0

Investment Income $332,947

Other Revenue $0

TOTAL REVENUE $337,397

Expense Breakdown

Grants Paid $21,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,572

Other Expenses $18,897

TOTAL EXPENSES $40,647

Year-over-Year Comparison

	2020	2019	Change
Revenue	$337,397	N/A	N/A
Expenses	$40,647	$37,913	+0.1%
Net Income	$296,750	$-37,913	-8.8%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC BERGQUIST	VICE-PRESIDE	0.25	Officer Director	$0	$0	$0
WES CLARK	PRESIDENT	0.25	Officer Director	$0	$0	$0
DAVID HEEFNER	SECRETARY	0.25	Officer Director	$0	$0	$0
STEVE MINUS	DIRECTOR	0.25	Director	$0	$0	$0
KEITH SMITH	DIRECTOR	0.25	Director	$0	$0	$0
JOHN TUCKER	DIRECTOR	0.25	Director	$0	$0	$0
NANCY YORK	DIRECTOR	0.25	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
2021	$337,397	$40,647	$1,584,005	$296,750
2020	No data	$37,913	$1,287,255	No data
2019	$54,031	$34,569	$1,325,168	$19,462

WRIGHT SIMON TIMMERMANN SCHOLARSHIP FUND