LANCASTER, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOCIETY OF EXPERIMENTAL TEST PILOTS SCHOLARSHIP FOUNDATION, founded in 1965, is a small nonprofit that reported $468K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $521K exceeded revenue, resulting in a 11% operating deficit.
THE PRIMARY PURPOSE OF THE SCHOLASHIP FDN IS TO RECEIVE, ACQUIRE, MANAGE, ADMINISTER, & EXPEND PROPERTY & FUNDS FOR SCHOLARSHIPS & OTHER FORMS OF EDUCATIONAL ASSISTANCE TO CHILDREN OF SOCIETY MEMBERS, WITH EMPHASIS GIVEN TO CHILDREN OF DECEASED & DISABLED SOCIETY MEMBERS. A SCHOLARSHIP WAS FIRST AWARDED IN 1967. SINCE THAT TIME OVER 4 MILLION HAS BEEN GRANTED IN EDUCATIONAL ASSISTANCE TO OVER 250 STUDENTS. IN 2021 72 STUDENTS ATTENDED SCHOOL WITH SCHOLARSHIP FDN ASSISTANCE. FOR EVERY DOLLAR CONTRIBUTED, MORE THAN 95% GOES DIRECTLY TO COVER THE STUDENTS' EDUCATIONAL EXPENSES. A CONTRIBUTION TO THE SCHOLARSHIP FDN IS THE IDEAL WAY TO COMMERMORATE A SOCIETY MEMBER WHILE HELPING SUPPORT CHILDREN OF SOCIETY MEMBERS
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $468,200 | $276,382 | +0.7% |
| Expenses | $521,334 | $482,164 | +0.1% |
| Net Income | $-53,134 | $-205,782 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| L BALDERAS | Executive Dir. | 1.00 |
Director
|
$0 | $0 | $0 |
| G LEWIS | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| E KNUDSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| J LANNI | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| J OHMAN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| A TOBIAS | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| B VANCE | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| M STUCKY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| A THOMPSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| M HANKS | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| S RAINEY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| K BENJAMIN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| T LARDY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| G GRAHAM | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| T ERICSON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| R CREGIER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| R ROWE | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| J BROWN III | VICE CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| K LARSON | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| A MCFARLAND | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| J FERGIONE | Chairman | 1.00 |
Director
|
$0 | $0 | $0 |
| T GANG | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| M WINHEIM | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $468,200 | $521,334 | $8,778,579 | $-53,134 |
| 2023 | $276,382 | $482,164 | $7,805,210 | $-205,782 |
| 2022 | $252,931 | $508,941 | $6,791,590 | $-256,010 |
| 2021 | $568,374 | $354,745 | $8,711,157 | $213,629 |
| 2020 | $430,150 | $230,661 | $7,533,286 | $199,489 |
| 2019 | $393,049 | $161,433 | $6,500,685 | $231,616 |
Compare SOCIETY OF EXPERIMENTAL TEST PILOTS SCHOLARSHIP FOUNDATION with other nonprofits in California and across the country.