Linda Lorelle Scholarship Fund (EIN 760534967) - 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

Legal Domicile

Tax Period

2024-07-01 to 2025-06-30

Linda Lorelle Scholarship Fund is a micro nonprofit in the Education sector that reported $88K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $218K exceeded revenue, resulting in a 149% operating deficit.

Mission

WE ARE DEDICATED TO PROVIDING COLLEGE SCHOLARSHIPS, SUPPORT AND GUIDANCE TO HOUSTON AREA HIGH SCHOOL STUDENTS WHOSE POTENTIAL MAY BE UNFULFILLED DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $82,557

Program Service Revenue $0

Investment Income $5,256

Other Revenue $0

TOTAL REVENUE $87,813

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $69,628

Fundraising Expenses $11,515

Program Expenses $183,735

Other Expenses $48,648

TOTAL EXPENSES $218,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$87,813	$341,075	-0.7%
Expenses	$218,276	$332,714	-0.3%
Net Income	$-130,463	$8,361	-16.6%

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

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Victor Kendall	CEO	20.00	Officer Director	$60,000	$0	$60,000
Linda Lorelle	Chairman	2.00	Officer Director	$0	$0	$0
Lou Gregory	Director	2.00	Officer Director	$0	$0	$0
Denis Middleton	President	1.00	Director	$0	$0	$0
Mussi Hersi	Director	1.00	Director	$0	$0	$0
Lindsey Gregory	Director	1.00	Director	$0	$0	$0
Erica Pena	Treasurer	1.00	Officer Director	$0	$0	$0
Richard Hendee	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
2025	$87,813	$218,276	$226,076	$-130,463
2024	$341,075	$332,714	$278,390	$8,361

Linda Lorelle Scholarship Fund