LYCEUM SCHOLARSHIP FUND

EIN: 920896222 501(c)(3) Education

SOUTH EUCLID, OH

Total Revenue
$102,570
Total Expenses
$112,821
Total Assets
$98,483
Net Assets
$98,483
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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
OH
Principal Officer
LUKE MACIK
Phone
2167071121
Tax Period
2023-07-01 to 2024-06-30

LYCEUM SCHOLARSHIP FUND, founded in 2022, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

TO ASSIST SUPPORT FOR THE LYCEUM STUDENTS IN THEIR PURSUIT OF EDUCATION THROUGH SCHOLARSHIPS, AND ANY OTHER PROGRAMMATIC ACTIVITIES THAT IMPROVE STUDENT ACCESS TO CHRISTIAN 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 (2023)

Revenue Breakdown

Contributions & Grants $102,527
Program Service Revenue $0
Investment Income $43
Other Revenue $0
TOTAL REVENUE $102,570

Expense Breakdown

Grants Paid $110,725
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $111,928
Other Expenses $2,096
TOTAL EXPENSES $112,821

Year-over-Year Comparison

2023 2022 Change
Revenue $102,570 $114,403 -0.1%
Expenses $112,821 $5,669 +18.9%
Net Income $-10,251 $108,734 -1.1%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN HENDERSON TREASURER 1.00
Officer
$0 $0 $0
LUKE MACIK PRESIDENT 1.00
Officer
$0 $0 $0
RAYMOND WILSON SECRETARY 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
2025 No data No data No data No data
2024 $102,570 $112,821 $98,483 $-10,251
2023 $114,403 $5,669 $108,734 $108,734
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