MOYNIHAN SCHOLARSHIP FUND INC

EIN: 822444864 501(c)(3) Education

NEW YORK, NY

Total Revenue
$901,353
Total Expenses
$165,944
Total Assets
$3,222,342
Net Assets
$3,219,427
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
CALVIN HARRIS JR
Phone
2127198300
Tax Period
2024-06-01 to 2025-05-31

MOYNIHAN SCHOLARSHIP FUND INC, founded in 2017, is a small nonprofit in the Education sector that reported $901K in total revenue in fiscal year 2024. Revenue surged 298% from the prior year, signaling strong growth momentum. The organization ran a surplus of $735K, a strong 82% operating margin.

Mission

THE MOYNIHAN SCHOLARSHIP FUND, INC. ("MSF") SUPPORTS THE EDUCATION AND DEVELOPMENT OF STUDENTS IN NEW YORK STATE AND FACILITATES THEIR EXPOSURE TO ACCOUNTING AND BUSINESS CAREERS. MSF OFFERS SCHOLARSHIPS FOR ACCOUNTING STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $119,414
Program Service Revenue $0
Investment Income $169,555
Other Revenue $612,384
TOTAL REVENUE $901,353

Expense Breakdown

Grants Paid $100,065
Salaries & Benefits $0
Fundraising Expenses $2,621
Program Expenses $134,899
Other Expenses $65,879
TOTAL EXPENSES $165,944

Year-over-Year Comparison

2024 2023 Change
Revenue $901,353 $226,407 +3.0%
Expenses $165,944 $222,933 -0.3%
Net Income $735,409 $3,474 +210.7%
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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
37

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
6
$1,100,813
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD N LEE CPA TRUSTEE 1.00
Director
$0 $0 $0
KEVIN MATZ CPA ESQ TRUSTEE 1.00
Director
$0 $0 $0
LIREN WEI CPA TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL DURANT CPA TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL SANGREGORIO CPA TRUSTEE 1.00
Director
$0 $0 $0
NADIA MATTHIE CPA PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
RUMBI PETROZELLO CPA PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
TAYLOR BICKLEY CPA TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM DRESNACK CPA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
AMY WILLIAMS CHIEF OPERATING OFFICER 2.25
Officer
$0 $36,250 $269,003
CALVIN HARRIS JR CPA CHIEF EXECUTIVE OFFICER 3.40
Officer
$0 $66,569 $479,042
PATRICK PAYANO CPA CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $74,239 $352,768
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 $901,353 $165,944 $3,222,342 $735,409
2024 $226,407 $222,933 $2,828,403 $3,474
2023 $373,479 $498,977 $2,595,171 $-125,498
2022 $586,384 $467,479 $2,713,280 $118,905
2021 $565,315 $536,327 $2,926,389 $28,988
2020 $2,911,789 $558,638 $2,607,102 $2,353,151
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MOYNIHAN SCHOLARSHIP FUND INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.