MILDRED LARSON TRUST SCHOLARSHIP FUND (EIN 812990444) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

NORMAN PETERSON

Phone

6052473327

Tax Period

2018-07-01 to 2019-06-30

MILDRED LARSON TRUST SCHOLARSHIP FUND, founded in 2016, is a micro nonprofit that reported $42K in total revenue in fiscal year 2018. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $38K left a modest 9% surplus.

Mission

TO PROVIDE SCHOLARSHIPS FOR MEMBERS OF SUN PRAIRIE BAPTIST CHURCH FOR SECONDARY EDUCATION

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $276

Program Service Revenue $0

Investment Income $41,636

Other Revenue $0

TOTAL REVENUE $41,912

Expense Breakdown

Grants Paid $27,045

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,045

Other Expenses $11,028

TOTAL EXPENSES $38,073

Year-over-Year Comparison

	2018	2017	Change
Revenue	$41,912	$141,182	-0.7%
Expenses	$38,073	$38,650	0.0%
Net Income	$3,839	$102,532	-1.0%

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
KEVIN ERIKSON	MEMBER	N/A	Director	$0	$0	$0
NORMAN PETERSON	CHAIRMAN	N/A	Officer Director	$0	$0	$0
AMBER BLAGG	SECRETARY	N/A	Officer Director	$0	$0	$0
ROBERT WOBIG	MEMBER	N/A	Director	$0	$0	$0
BRYAN BORK	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
MARIBETH WOLLMAN	MEMBER	N/A	Director	$0	$0	$0
COLLETTE CARLSON	TREASURER	N/A	Officer Director	$0	$0	$0
TIM MATTHAEI	MEMBER	N/A	Director	$0	$0	$0
MARY RAE SKOGLUND	MEMBER	N/A	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
2019	$41,912	$38,073	$1,204,703	$3,839

MILDRED LARSON TRUST SCHOLARSHIP FUND