Ghana Scholarship Fund Inc

Nonprofit profile at a glance

EIN
273901078
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Boston, MA, USA
Phone
6179591812
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$35,340
Expenses
$40,648
Assets
$130,505
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Kathleen Hubbard Ismail (President and director)

People named in this filing

  • Kathleen Hubbard Ismail (President and director)
  • Edward P Collins (clerk and director)
  • Ellen Rogin (treasurer and director)

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

The Ghana Scholarship Fund, Inc. was established to provide educational scholarships, programs and opportunities to economically disadvantaged children and young adults living in rural communities in Ghana, West Africa to enhance their ability to attend high schools, universities and technical schools. We have provided over 152 university scholarships and operate a learning center for students of all ages in a rural village. The center has age and culturally appropriate books, a computer lab and educational materials. We currently have 35 students in university. We operate the Senchi Ferry Community Learning Center which includes a lab with 25 computers, books for all ages etc.

What it reported doing in 2025

The mission of the Ghana Scholarship Fund is to educate children in rural Ghana by providing scholarships to poor students who could not afford a university education. We also maintain a student oriented library in the village of Senchi Ferry. The library has full computer based educational material, age and culturally appropriate books. To date we have provided 144 university scholarships, laptop computer for each student etc. Library attendance is about 200 students per day. We currently have 38 students enrolled in university at a cost of approximately $1300 per student annually and cost to maintain the library is approximately $1000 per month. Since the pandemic costs and the rate of inflation have escalated.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -15%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 3.21; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -4.3% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $41K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.