Teamsters Local 728 Scholarship Fund Inc (EIN 845164544) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Matthew Higdon

Tax Period

2023-01-01 to 2023-12-31

Teamsters Local 728 Scholarship Fund Inc, founded in 2020, is a small nonprofit in the Education sector that reported $574K in total revenue in fiscal year 2023. Revenue surged 567% from the prior year, signaling strong growth momentum. The organization ran a surplus of $535K, a strong 93% operating margin.

Mission

The organization provides scholarships to individuals in the Atlanta, Georgia area,attending a trade school, college or university

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $500,025

Investment Income $-6,774

Other Revenue $80,694

TOTAL REVENUE $573,945

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,761

Other Expenses $3,761

TOTAL EXPENSES $38,761

Year-over-Year Comparison

	2023	2022	Change
Revenue	$573,945	$86,108	+5.7%
Expenses	$38,761	$47,096	-0.2%
Net Income	$535,184	$39,012	+12.7%

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

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
Quentin Bighon	Director	2.00	Director	$0	$0	$0
Vicki Beavers	Director	2.00	Director	$0	$0	$0
Franklin Brown	Director	2.00	Director	$0	$0	$0
Jeptha Preston	Director	2.00	Director	$0	$0	$0
Matthew Higdon	President	2.00	Officer	$0	$0	$0
Wesley Turner	Secretary Treasurer	2.00	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	No data	No data	No data	No data
2023	$573,945	$38,761	$1,019,877	$535,184
2022	$86,108	$47,096	$484,693	$39,012
2021	$54,597	$28,100	$541,148	$26,497
2020	$505,568	$443	$505,125	$505,125

Teamsters Local 728 Scholarship Fund Inc