SEATTLE ENGINEERING DEPARTMENT SCHOLARSHIP (EIN 943029565) - 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

1980

Legal Domicile

Principal Officer

DIANA CHAN LONG

Phone

2063498684

Tax Period

2023-09-01 to 2024-08-31

SEATTLE ENGINEERING DEPARTMENT SCHOLARSHIP, founded in 1980, is a micro nonprofit in the Education sector that reported $97K in total revenue in fiscal year 2023. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 43% operating margin.

Mission

SEDSO SCHOLARSHIP FUND WAS ESTABLISHED TO ASSIST NEED STUDENTS 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $96,621

Other Revenue $0

TOTAL REVENUE $96,621

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,740

Other Expenses $54,740

TOTAL EXPENSES $54,740

Year-over-Year Comparison

	2023	2022	Change
Revenue	$96,621	$43,180	+1.2%
Expenses	$54,740	$41,445	+0.3%
Net Income	$41,881	$1,735	+23.1%

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
CHAD LYNCH	PRESIDENT	1.00	Director	$0	$0	$0
MATT BEAULIEU	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN GLAS	TRUSTEE	1.00	Director	$0	$0	$0
MIKE MORRISLENT	TRUSTEE	1.00	Director	$0	$0	$0
HELEN TSANG	TRUSTEE	1.00	Director	$0	$0	$0
TIM ROOD	TRUSTEE	1.00	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
2024	$96,621	$54,740	$1,110,878	$41,881
2023	$43,180	$41,445	$1,014,247	$1,735
2022	$-38,910	$39,065	$993,231	$-77,975
2021	$180,046	$40,707	$1,051,431	$139,339

SEATTLE ENGINEERING DEPARTMENT SCHOLARSHIP