Alan M Tarara Scholarship Fund Inc

Nonprofit profile at a glance

EIN
923949577
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Tewksbury, MA, USA
Phone
7813077693
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$19,142
Expenses
$14,876
Assets
$46,115

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DIANE TARARA (PRESIDENT)

People named in this filing

  • DIANE TARARA (PRESIDENT)
  • SUSAN HIGGINS (TREASURER)
  • ANTHONY DESANTIS (CLERK)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To raise funds to provide scholarships to plumbing students and graduates of shawsheen valley technical high school, billerica, ma which can be used to help cover the cost of further education/training and/or the purchase of tools and supplies to be used in the plumbing trade.

What it reported doing in 2025

Scholarships paid to five plumbing students pursuing a career in the in the plumbing trade.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 79% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.4%; rating input score 72
  • Program expense ratio: 93.1%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.3%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 3.1; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 191% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -75.1% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 72.4% of revenue deployed · 93.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.