Lake Chelan Valley Scholarship Fund

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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

2000

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Lake Chelan Valley Scholarship Fund, founded in 2000, is a micro nonprofit in the Education sector that reported $42K in total revenue in fiscal year 2023. Revenue surged 193% from the prior year, signaling strong growth momentum. Expenses of $66K exceeded revenue, resulting in a 57% operating deficit.

Mission

See supplemental information

Program Service Accomplishments

Program 1

Expenses: $56,000

The organization provided 22 - $2500 and 1 - $1,000 scholarships to local residents continuing with their 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $42,378

Other Revenue $0

TOTAL REVENUE $42,378

Expense Breakdown

Grants Paid $56,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,000

Other Expenses $10,353

TOTAL EXPENSES $66,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,378	$14,474	+1.9%
Expenses	$66,353	$57,611	+0.2%
Net Income	$-23,975	$-43,137	-0.4%

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

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	Role	Reportable Comp	Other Comp	Total
Barry Wise	Vice President	Officer	$0	$0	$0
Betsy Kronschnabel	President	Officer	$0	$0	$0
John Pleyte	Treasurer	Officer	$0	$0	$0
Linda Mayer	Secretary	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$42,378	$66,353	$1,227,322	$-23,975
2022	$14,474	$57,611	$1,251,297	$-43,137
2021	$259,218	$52,338	$1,294,434	$206,880
2020	$41,600	$41,822	$1,087,554	$-222
2019	$39,583	$40,714	$1,087,776	$-1,131
2018	$49,659	$49,350	$1,088,907	$309