Kip Nininger Scholarship Fund Inc (EIN 863760408) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Chris Nininger

Tax Period

2024-01-01 to 2024-12-31

Kip Nininger Scholarship Fund Inc, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $207K in total revenue in fiscal year 2022. The organization ran a surplus of $66K, a strong 32% operating margin.

Mission

To raise money for high school students that want to attend college. Multiple scholarships are awarded yearly to assist them. The money is raised in honor of Kip Nininger who passed away at age 20 due to a car accident.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $112,283

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $112,283

Expense Breakdown

Grants Paid $46,629

Salaries & Benefits $0

Fundraising Expenses $20,449

Program Expenses $47,277

Other Expenses $21,097

TOTAL EXPENSES $67,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,283	$98,408	+0.1%
Expenses	$67,726	$60,657	+0.1%
Net Income	$44,557	$37,751	+0.2%

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
Chris Nininger	President	005.00	Officer	$0	$0	$0
Chip Nininger	VP	001.00	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	$112,283	$67,726	$148,706	$44,557
2023	$98,408	$60,657	$104,149	$37,751
2022	$25,200	$25,200	No data	No data
2022	$206,863	$140,465	$66,398	$66,398

Kip Nininger Scholarship Fund Inc