NEW SCHOLARSHIP FOUNDATION

EIN: 833814810 501(c)(3) Education

CERRITOS, CA

Total Revenue
$15,624
Total Expenses
$10,657
Total Assets
$17,476
Net Assets
$17,476
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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

Principal Officer
BILL WILLIAMS
Tax Period
2023-01-01 to 2023-12-31

NEW SCHOLARSHIP FOUNDATION is a micro nonprofit in the Education sector that reported $16K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $5K, a strong 32% operating margin.

Mission

PROVIDE SCHOLARSHIPS

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,624
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $15,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,092
Program Expenses $10,657
Other Expenses $10,657
TOTAL EXPENSES $10,657

Year-over-Year Comparison

2023 2022 Change
Revenue $15,624 $16,531 -0.1%
Expenses $10,657 $16,335 -0.3%
Net Income $4,967 $196 +24.3%
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

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Governance

Voting Members
4
Independent Members
N/A
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL WILLIAMS PRESIDENT 2
Officer
$0 $0 $0
SEAN ROONEY DIRECTOR 2
Director
$0 $0 $0
MOLLIE WILLIWA DIRECTOR 2
Director
$0 $0 $0
ERNEST BASKER DIRECTOR 2
Director
$0 $0 $0
BILL WILLIAMS PRESIDENT 2
Officer
$0 $0 $0
SEAN ROONEY DIRECTOR 2
Director
$0 $0 $0
MOLLIE WILLIWA DIRECTOR 2
Director
$0 $0 $0
ERNEST BASKER DIRECTOR 2
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
2023 $15,624 $10,657 $17,476 $4,967
2022 $16,531 $16,335 $12,986 $196
2021 $11,039 $8,498 $1,493 $2,541
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