TUSKEGEE AIRMEN SCHOLARSHIP FOUNDATION (EIN 870731160) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Phone

3103518112

Tax Period

2024-01-01 to 2024-12-31

TUSKEGEE AIRMEN SCHOLARSHIP FOUNDATION, founded in 2004, is a small nonprofit in the Education sector that reported $202K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $244K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE MISSION OF THE TUSKEGEE AIRMEN SCHOLARSHIP FOUNDATION (TASF) IS TO HONOR THE LEGACY OF THE TUSKEGEE AIRMEN BY PROVIDING MOTIVATION, ACCESS AND SCHOLARSHIPS TO ASSIST FINANCIALLY AND ACADEMICALLY DESERVING STUDENTS IN PURSUIT OF THEIR COLLEGE EDUCATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $101,826

Program Service Revenue $0

Investment Income $100,564

Other Revenue $0

TOTAL REVENUE $202,390

Expense Breakdown

Grants Paid $75,500

Salaries & Benefits $120,612

Fundraising Expenses $0

Program Expenses $197,733

Other Expenses $48,291

TOTAL EXPENSES $244,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$202,390	$159,416	+0.3%
Expenses	$244,403	$246,395	0.0%
Net Income	$-42,013	$-86,979	-0.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$114,109

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD H GRICE III	EXECUTIVE DIRECTOR	40.00	Officer	$85,000	$29,109	$114,109
BRIDGET M M TUCKER	CHIEF FINANCIAL OFFICER	3.00	Director	$0	$0	$0
LOWELL STEWARD Jr	TREASURER	7.00	Director	$0	$0	$0
LINDA SUNNYE SIMPSON	VICE PRESIDENTRESOURCES	5.00	Director	$0	$0	$0
ERROL I I LEWIS	SECRETARY	7.00	Director	$0	$0	$0
ROY B SWYGERT JR	DIRECTOR	3.00	Director	$0	$0	$0
CHARLES D JONES	CHAIRMAN	15.00	Director	$0	$0	$0
LISA BRATTON	DIRECTOR	5.00	Director	$0	$0	$0
WILLIE F JONES	DIRECTOR	3.00	Director	$0	$0	$0
LEON BUTLER Jr	DIRECTOR	3.00	Director	$0	$0	$0
SHEILA CHAMBERLAIN	DIRECTOR	3.00	Director	$0	$0	$0
PAUL HUDSON	DIRECTOR	3.00	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	$202,390	$244,403	$3,009,107	$-42,013
2023	$159,416	$246,395	$2,634,840	$-86,979
2022	$140,404	$285,265	$2,366,018	$-144,861
2021	$346,070	$232,866	$3,109,178	$113,204
2020	$137,772	$225,313	$2,833,178	$-87,541
2019	$213,105	$230,971	$2,540,080	$-17,866
2018	$246,711	$231,646	$2,211,299	$15,065

TUSKEGEE AIRMEN SCHOLARSHIP FOUNDATION