THE SCHOLARSHIP GRANTING ORGANIZATION OF THE CATHOLIC COMMUNITY FOUNDATION (EIN 873652751) - 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

PATRICK GRACE

Phone

2166966525

Tax Period

2023-01-01 to 2023-12-31

THE SCHOLARSHIP GRANTING ORGANIZATION OF THE CATHOLIC COMMUNITY FOUNDATION, founded in 2021, is a community nonprofit that reported $5.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 29% operating margin.

Mission

OPERATE A SCHOLARSHIP GRANTING ORGANIZATION TO SOLICIT CONTRIBUTIONS AND AWARD ACADEMIC SCHOLARSHIPS TO PRIMARILY LOW-INCOME STUDENTS ATTENDING CATHOLIC PRIMARY AND SECONDARY SCHOOLS IN THE DIOCESE OF CLEVELAND

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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 $5,100,265

Program Service Revenue $0

Investment Income $191,247

Other Revenue $0

TOTAL REVENUE $5,291,512

Expense Breakdown

Grants Paid $3,549,427

Salaries & Benefits $0

Fundraising Expenses $196,011

Program Expenses $3,549,427

Other Expenses $196,011

TOTAL EXPENSES $3,745,438

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,291,512	$4,568,833	+0.2%
Expenses	$3,745,438	$123,433	+29.3%
Net Income	$1,546,074	$4,445,400	-0.7%

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

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

$291,329

Total Directors

$433,948

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK GRACE	PRESIDENT	1.00	Officer Director	$0	$34,484	$227,008
JUSTIN TURK	TREASURER	1.00	Officer Director	$0	$0	$0
LORI CONLEY	SECRETARY	1.00	Officer Director	$0	$5,110	$64,321
FR DON OLEKSIAK	MEMBER	1.00	Director	$0	$0	$0
FRANK O'LINN	MEMBER	1.00	Director	$0	$0	$0
ANDY SCHULER	MEMBER	1.00	Director	$0	$0	$0
BRIAN HESKAMP	MEMBER	1.00	Director	$0	$0	$0
FRED ROBERTS	MEMBER	1.00	Director	$0	$32,235	$142,619

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	$5,291,512	$3,745,438	$6,110,860	$1,546,074
2022	$4,568,833	$123,433	$4,445,400	$4,445,400

THE SCHOLARSHIP GRANTING ORGANIZATION OF THE CATHOLIC COMMUNITY FOUNDATION