Eugene and Jeanne Savage Scholarship Fund

EIN: 823762122 501(c)(3) Philanthropy & Grantmaking

Parkville, MD

Total Revenue
$654,517
Total Expenses
$389,633
Total Assets
$8,399,144
Net Assets
$8,399,144
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MD
Principal Officer
Kevin J Zinkand Sr
Phone
4109676284
Tax Period
2025-01-01 to 2025-12-31

Eugene and Jeanne Savage Scholarship Fund, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $655K in total revenue in fiscal year 2025. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $265K, a strong 40% operating margin.

Mission

To award scholarship funds granted to needy and worth undergraduate students attending McDaniel College located in Westminster, Maryland and Stevenson University located in Stevenson, Maryland

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $654,517
Other Revenue $0
TOTAL REVENUE $654,517

Expense Breakdown

Grants Paid $320,000
Salaries & Benefits $16,896
Fundraising Expenses $0
Program Expenses $320,000
Other Expenses $52,737
TOTAL EXPENSES $389,633

Year-over-Year Comparison

2025 2024 Change
Revenue $654,517 $431,246 +0.5%
Expenses $389,633 $340,682 +0.1%
Net Income $264,884 $90,564 +1.9%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
1
$16,896
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin J Zinkand Sr Trustee 4.00
Director
$16,896 $0 $16,896
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 $654,517 $389,633 $8,399,144 $264,884
2024 $431,246 $340,682 $7,692,596 $90,564
2023 $358,999 $293,126 $6,623,915 $65,873
2022 $97,017 $294,105 $5,952,055 $-197,088
2021 $311,450 $257,588 $7,090,915 $53,862
2020 $53,892 $210,716 $6,378,283 $-156,824
2018 $5,339,378 $89,642 $5,019,615 $5,249,736
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