KAITLIN A KAZANJIAN MEMORIAL SCHOLARSHIP FUND INC (EIN 880917952) - 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

2022

Legal Domicile

Principal Officer

JOHN KAZANJIAN

Phone

5616893745

Tax Period

2023-01-01 to 2023-12-31

KAITLIN A KAZANJIAN MEMORIAL SCHOLARSHIP FUND INC, founded in 2022, is a small nonprofit in the Public & Societal Benefit sector that reported $368K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $274K, a strong 74% operating margin.

Mission

TO RAISE CASH OR FUNDS OR REAL PROPERTY AND LATER ADMINISTER THE FUNDS, INCLUDING EARNINGS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC AND RELIGIOUS PURPOSES.

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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 $499,136

Program Service Revenue $0

Investment Income $0

Other Revenue $-130,750

TOTAL REVENUE $368,386

Expense Breakdown

Grants Paid $83,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,200

Other Expenses $11,614

TOTAL EXPENSES $94,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,386	$200,927	+0.8%
Expenses	$94,814	$83,087	+0.1%
Net Income	$273,572	$117,840	+1.3%

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

$144,661

Total Directors

$117,772

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERNEST GEORGE	DIRECTOR	1.00	Director	$0	$5,275	$68,297
GREG ALLEN	DIRECTOR	1.00	Director	$0	$2,145	$28,962
ROBERT BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KAZANJIAN II	DIRECTOR	1.00	Director	$0	$0	$0
RICK MCAFEE	DIRECTOR	1.00	Director	$0	$2,471	$20,513
ALLAN ORTMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KAZANJIAN	PRESIDENT	2.00	Officer	$0	$11,611	$120,515
KRISTEN LASSINGER	SECRETARY	1.00	Officer	$0	$0	$0
RAY GRIFFITH	VICE PRESIDENT	2.00	Officer	$0	$0	$0
MIKE KENNEDY	TREASURE	2.00	Officer	$0	$1,415	$24,146
CHRISTOPHER NEBBELING	DIRECTOR	1.00	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	$368,386	$94,814	$391,412	$273,572
2022	$200,927	$83,087	$117,840	$117,840

KAITLIN A KAZANJIAN MEMORIAL SCHOLARSHIP FUND INC