ACORN SCHOLARSHIP FUND INC (EIN 920326163) - 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

Larry Potter

Phone

9193499951

Tax Period

2023-09-01 to 2024-08-31

ACORN SCHOLARSHIP FUND INC, founded in 2022, is a small nonprofit in the Education sector that reported $203K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 59% operating margin.

Mission

The Acorn Scholarship Fund provides scholarships to employees of the Cypress of Raleigh Club.

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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 $194,708

Program Service Revenue $0

Investment Income $7,989

Other Revenue $0

TOTAL REVENUE $202,697

Expense Breakdown

Grants Paid $77,476

Salaries & Benefits $0

Fundraising Expenses $1,739

Program Expenses $77,476

Other Expenses $6,363

TOTAL EXPENSES $83,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,697	$137,353	+0.5%
Expenses	$83,839	$29,026	+1.9%
Net Income	$118,858	$108,327	+0.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Potter	President	15	Officer Director	$0	$0	$0
Dana Robinson	Vice President	8	Officer Director	$0	$0	$0
Elizabeth Martinelli	Secretary	7	Officer Director	$0	$0	$0
William Shaffer	Treasurer	10	Officer Director	$0	$0	$0
Victoria Frierson	Board Member	8	Director	$0	$0	$0
Phyllis Rideout	Board Member	8	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
2025	No data	No data	No data	No data
2024	$202,697	$83,839	$244,511	$118,858

ACORN SCHOLARSHIP FUND INC