BROOKINGS-HARBOR SCHOLARSHIP FOUNDATION INC (EIN 931079518) - 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

1992

Legal Domicile

Principal Officer

SCOTT DARGER

Phone

5414697741

Tax Period

2022-01-01 to 2022-12-31

BROOKINGS-HARBOR SCHOLARSHIP FOUNDATION INC, founded in 1992, is a small nonprofit in the Unknown sector that reported $115K in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $240K exceeded revenue, resulting in a 108% operating deficit.

Mission

SCHOLARSHIPS TO HIGH SCHOOL AND COLLEGE STUDENTS

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,240

Program Service Revenue $0

Investment Income $112,950

Other Revenue $0

TOTAL REVENUE $115,190

Expense Breakdown

Grants Paid $238,830

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $239,168

Other Expenses $1,035

TOTAL EXPENSES $239,865

Year-over-Year Comparison

	2022	2021	Change
Revenue	$115,190	$320,111	-0.6%
Expenses	$239,865	$263,377	-0.1%
Net Income	$-124,675	$56,734	-3.2%

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
SCOTT DARGER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAR T BYERS III CPA	TREASURER	1.00	Officer Director	$0	$0	$0
DUSTIN BODMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
REBECCA OLSEN	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN BABIN	BOARD MEMBER	0.50	Director	$0	$0	$0
JAN WESTBROOK	BOARD MEMBER	0.50	Director	$0	$0	$0
TIM BECKLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
KRISTI FULTON	BOARD MEMBER	0.50	Director	$0	$0	$0
CAMERON MCVAY	BOARD MEMBER	0.50	Director	$0	$0	$0
BECKY WATWOOD	BOARD MEMBER	0.50	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
2022	$115,190	$239,865	$2,636,414	$-124,675
2021	$320,111	$263,377	$2,761,089	$56,734
2020	$162,244	$182,648	$2,704,355	$-20,404
2019	$378,319	$263,541	$2,724,759	$114,778
2018	$479,697	$314,285	$2,609,981	$165,412

BROOKINGS-HARBOR SCHOLARSHIP FOUNDATION INC