BUTLER NATIONAL SCHOLARSHIP FUND INC (EIN 800942933) - 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

2014

Legal Domicile

Principal Officer

Michael Dasbach

Phone

6309903333

Tax Period

2024-01-01 to 2024-12-31

BUTLER NATIONAL SCHOLARSHIP FUND INC, founded in 2014, is a small nonprofit in the Education sector that reported $422K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $207K, a strong 49% operating margin.

Mission

granting scholarships to eligible employees, caddies and children of current employees

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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 $201,937

Program Service Revenue $0

Investment Income $218,910

Other Revenue $900

TOTAL REVENUE $421,747

Expense Breakdown

Grants Paid $214,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,401

Other Expenses $401

TOTAL EXPENSES $214,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$421,747	$454,328	-0.1%
Expenses	$214,401	$204,925	+0.0%
Net Income	$207,346	$249,403	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Greg Cooper	Chairman	1	Director	$0	$0	$0
Rodney Wray	President	1	Director	$0	$0	$0
Michael Dasbach	Treasurer	1	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	No data	No data	No data	No data
2024	$421,747	$214,401	$1,229,769	$207,346
2023	$454,328	$204,925	$1,022,423	$249,403
2022	$49,888	$160,958	$773,019	$-111,070
2021	$186,165	$98,848	$884,090	$87,317
2020	$371,781	$99,670	$796,773	$272,111

BUTLER NATIONAL SCHOLARSHIP FUND INC