MARINE CORPS SCHOLARSHIP GOLF TOURNAMENT INC LA-SHERMAN OAKS (EIN 954487298) - 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

1996

Legal Domicile

Principal Officer

DOUGLAS HAMLIN

Phone

7148262352

Tax Period

2024-01-01 to 2024-12-31

MARINE CORPS SCHOLARSHIP GOLF TOURNAMENT INC LA-SHERMAN OAKS, founded in 1996, is a small nonprofit in the Education sector that reported $132K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

TO PROVIDE SCHOLARSHIP TO CHILDREN OF MARINES AND OF FORMER MARINES WHO ARE IN NEED OF FINANCIAL ASSISTANCE TO PURSUE UNDERGRADUATE, VOCATIONAL, OR TECHNICAL (UVT) EDUCATION, AND TO PROVIDE FINANCIAL ASSISTANCE FOR THE PURSUIT OF EDUCATION TO PERSONS OTHERWISE DEEMED DESERVING OF CONSIDERATION BY VIRTUE OF EXTRAORDINARY CIRCUMSTANCES AND THEIR ASSOCIATION WITH THE UNITED STATES MARINE CORPS OR THEIR RELATIONSHIP TO CURRENT AND FORMER MEMBERS OF THE UNITED STATES MARINE CORPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $115,000

Program Service Revenue $0

Investment Income $0

Other Revenue $17,392

TOTAL REVENUE $132,392

Expense Breakdown

Grants Paid $138,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,500

Other Expenses $2,066

TOTAL EXPENSES $140,566

Year-over-Year Comparison

	2024	2023	Change
Revenue	$132,392	$155,638	-0.1%
Expenses	$140,566	$166,719	-0.2%
Net Income	$-8,174	$-11,081	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS HAMLIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE JOSEPH	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DUGGAN BERGIN	TREASURER	1.00	Officer Director	$0	$0	$0
GORDON HANSCOM	SECRETARY	1.00	Officer 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	$132,392	$140,566	$10,074	$-8,174
2023	$155,638	$166,719	$18,248	$-11,081

MARINE CORPS SCHOLARSHIP GOLF TOURNAMENT INC LA-SHERMAN OAKS