SPANISH SCHOLARSHIP FUND (EIN 800241033) - 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

2008

Legal Domicile

Principal Officer

JOSEPH BRIAN MORLEY

Phone

6105584593

Tax Period

2024-08-01 to 2025-07-31

SPANISH SCHOLARSHIP FUND, founded in 2008, is a small nonprofit in the Education sector that reported $290K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $336K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE FUND'S PURPOSE IS TO PROVIDE EDUCATIONAL GRANTS TO HISPANIC CHILDREN

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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 (2024)

Revenue Breakdown

Contributions & Grants $277,665

Program Service Revenue $0

Investment Income $12,624

Other Revenue $0

TOTAL REVENUE $290,289

Expense Breakdown

Grants Paid $287,398

Salaries & Benefits $36,000

Fundraising Expenses $0

Program Expenses $287,398

Other Expenses $12,893

TOTAL EXPENSES $336,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,289	$373,407	-0.2%
Expenses	$336,291	$358,683	-0.1%
Net Income	$-46,002	$14,724	-4.1%

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

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

$36,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REVERAND VINCENT M WALSH	PRES/DIRECTOR	12.00	Officer Director	$0	$0	$0
JOSEPH BRIAN MORLEY	TREASURER/DIRECTOR	18.00	Officer Director	$36,000	$0	$36,000
CHRISTIAN PETRUCCI	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN GALLAGHER	DIRECTOR	2.00	Director	$0	$0	$0
BONNIE DELCIOTTO	SECRETARY/DIRECTOR	6.00	Officer Director	$0	$0	$0
REVERAND PETER WELCH	VICE PRES/DIRECTOR	2.00	Officer 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	$290,289	$336,291	$172,494	$-46,002
2024	$373,407	$358,683	$218,496	$14,724
2023	$364,126	$364,765	$203,772	$-639
2022	$516,341	$415,670	$204,411	$100,671
2021	$354,949	$417,850	$103,740	$-62,901
2020	$438,433	$289,385	$167,241	$149,048
2019	$274,185	$264,953	$17,593	$9,232
2018	$202,812	$196,163	$17,961	$6,649

SPANISH SCHOLARSHIP FUND