ORTING ALUMNI SCHOLARSHIP FOUNDATION

EIN: 911297958 501(c)(3) Education

ORTING, WA

Total Revenue
$71,459
Total Expenses
$57,250
Total Assets
$1,106,032
Net Assets
$1,106,032
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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
1989
Legal Domicile
WA
Principal Officer
CHERYL CHAPPELL
Phone
2532298056
Tax Period
2024-04-01 to 2025-03-31

ORTING ALUMNI SCHOLARSHIP FOUNDATION, founded in 1989, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2024. The organization ran a surplus of $14K, a strong 20% operating margin.

Mission

PROVIDE SCHOLARSHIPS TO GRADUATES OF ORTING HIGH SCHOOL TO BE USED FOR HIGHER EDUCATION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,275
Program Service Revenue $0
Investment Income $46,184
Other Revenue $0
TOTAL REVENUE $71,459

Expense Breakdown

Grants Paid $54,580
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $57,250
Other Expenses $2,670
TOTAL EXPENSES $57,250

Year-over-Year Comparison

2024 2023 Change
Revenue $71,459 $66,886 +0.1%
Expenses $57,250 $57,310 0.0%
Net Income $14,209 $9,576 +0.5%
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

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Governance

Voting Members
3000
Independent Members
N/A
Employees
N/A
Volunteers
11

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHASTITY MULLINS Chairman 5.00
Officer
$0 $0 $0
KARMAN PRESLEY-LUNDELL Chairman 2.00
Officer
$0 $0 $0
KIM PRESLEY Secretary 2.00
Officer
$0 $0 $0
CHERYL CHAPPELL Treasurer 2.00
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
2025 $71,459 $57,250 $1,106,032 $14,209
2024 $66,886 $57,310 $1,079,968 $9,576
2023 $54,032 $61,944 $975,038 $-7,912
2022 $48,196 $46,265 $1,073,380 $1,931
2021 $44,338 $38,801 $1,106,574 $5,537
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