JOHN MCLENDON MINORITY SCHOLARSHIP FOUNDATION (EIN 760717270) - 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

2002

Legal Domicile

Principal Officer

PATRICK A MANAK

Phone

4408924000

Tax Period

2023-01-01 to 2023-12-31

JOHN MCLENDON MINORITY SCHOLARSHIP FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 105% from the prior year, signaling strong growth momentum. Expenses of $264K exceeded revenue, resulting in a 98% operating deficit.

Mission

THE JOHN MCLENDON MINORITY SCHOLARSHIP FOUNDATION WAS FORMED TO RECOGNIZE THE CONTRIBUTIONS OF MINORITIES IN COLLEGE AND PROFESSIONAL ATHLETICS AND, THROUGH ITS SCHOLARSHIP PROGRAM, TO CREATE A POOL OF QUALIFIED MINORITY CANDIDATES FOR ATHLETIC ADMINISTRATION POSITIONS IN COLLEGIATE AND PROFESSIONAL SPORTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $72,450

Program Service Revenue $0

Investment Income $61,075

Other Revenue $0

TOTAL REVENUE $133,525

Expense Breakdown

Grants Paid $71,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,000

Other Expenses $193,225

TOTAL EXPENSES $264,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,525	$65,213	+1.0%
Expenses	$264,225	$283,021	-0.1%
Net Income	$-130,700	$-217,808	-0.4%

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
CHARLIE BESSER	DIRECTOR	1.00	Director	$0	$0	$0
JEAN BOYD	DIRECTOR	1.00	Director	$0	$0	$0
ANDY DANNER	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN JARMOND	DIRECTOR	1.00	Director	$0	$0	$0
LUKE FEDLAM	DIRECTOR	1.00	Director	$0	$0	$0
JACQIE MCWILLIAMS-PARKER	DIRECTOR	1.00	Director	$0	$0	$0
MARIO MOCCIA	DIRECTOR	1.00	Director	$0	$0	$0
CORY MOSS	DIRECTOR	1.00	Director	$0	$0	$0
ERIK MOSES	DIRECTOR	1.00	Director	$0	$0	$0
MARISSA GASTON	DIRECTOR	1.00	Director	$0	$0	$0
ASHTON HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MARCUS HILLARD	DIRECTOR	1.00	Director	$0	$0	$0
FELICIA MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT J VECCHIONE JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
DELL ROBINSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE ONDREJKO	DIRECTOR	1.00	Director	$0	$0	$0
DIANA SABAU	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK A MANAK	CEO	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$133,525	$264,225	$2,103,966	$-130,700
2022	$65,213	$283,021	$1,999,602	$-217,808
2021	$117,235	$155,704	$2,582,680	$-38,469
2020	$101,512	$206,060	$2,395,491	$-104,548
2019	$203,487	$150,257	$2,311,875	$53,230
2018	$179,838	$126,761	$1,974,197	$53,077

JOHN MCLENDON MINORITY SCHOLARSHIP FOUNDATION