MICHAEL S SCHISLER SCHOLARSHIP INC (EIN 862299914) - 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

2021

Legal Domicile

Principal Officer

KYLE SCHISLER

Phone

8503087033

Tax Period

2023-01-01 to 2023-12-31

MICHAEL S SCHISLER SCHOLARSHIP INC, founded in 2021, is a micro nonprofit in the Education sector that reported $76K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $91K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE FINANCIAL ASSISTANCE AND OTHER SERVICES TO COLLEGE STUDENTS DEMONSTRATING FINANCIAL NEED, SCHOLASTIC ACHIEVEMENT, AND SERVANT HEARTS WHO ARE ENROLLED AT AN INSTITUTION AFFILIATED WITH THE NATIONAL CHRISTIAN COLLEGE ATHLETIC ASSOCIATION

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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 $41,086

Program Service Revenue $0

Investment Income $0

Other Revenue $34,923

TOTAL REVENUE $76,009

Expense Breakdown

Grants Paid $58,902

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,322

Other Expenses $31,898

TOTAL EXPENSES $90,800

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,009	$159,155	-0.5%
Expenses	$90,800	$84,761	+0.1%
Net Income	$-14,791	$74,394	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE SCHISLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
KATIE FORT	SECRETARY	1.00	Officer Director	$0	$0	$0
TJ HEARNDON	TREASURER	1.00	Officer 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
2024	No data	No data	No data	No data
2023	$76,009	$90,800	$139,911	$-14,791
2022	$159,155	$84,761	$154,702	$74,394
2021	$102,694	$22,386	$80,308	$80,308

MICHAEL S SCHISLER SCHOLARSHIP INC