Molly Cameron Memorial Scholarship Fund Inc

EIN: 844644194 501(c)(3)

Hanover, MA

Total Revenue
$4,704
Total Expenses
$2,875
Total Assets
$51,456
Net Assets
$51,456
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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
2020
Legal Domicile
MA
Principal Officer
Katherine A Sullivan
Phone
7814221314
Tax Period
2024-01-01 to 2024-12-31

Molly Cameron Memorial Scholarship Fund Inc, founded in 2020, is a micro nonprofit that reported $5K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2K, a strong 39% operating margin.

Mission

Raise and distribute funds for a yearly scholarship to one or more students of Hanover High School.

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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 (2024)

Revenue Breakdown

Contributions & Grants $350
Program Service Revenue $0
Investment Income $4,354
Other Revenue $0
TOTAL REVENUE $4,704

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,000
Other Expenses $875
TOTAL EXPENSES $2,875

Year-over-Year Comparison

2024 2023 Change
Revenue $4,704 $3,889 +0.2%
Expenses $2,875 $2,615 +0.1%
Net Income $1,829 $1,274 +0.4%
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
2
Independent Members
N/A
Employees
N/A
Volunteers
15

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine A Sullivan President 5.00
Officer
$0 $0 $0
Donald F Cameron Secretary 5.00
Officer
$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
2024 $4,704 $2,875 $51,456 $1,829
2023 $3,889 $2,615 $45,654 $1,274
2022 $5,241 $1,590 $40,401 $3,651
2021 $6,922 $1,115 $41,880 $5,807
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