Local 2790 Scholarship Fund Inc

Nonprofit profile at a glance

EIN
264433082
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2020, Form 990-EZ 2024, Form 990-N 2009
Location
Woodhaven, NY, USA
Phone
6464903444
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$25,582
Expenses
$9,603
Assets
$241,464

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ROBERT VILLALTA (PRESIDENT)

People named in this filing

  • ROBERT VILLALTA (PRESIDENT)
  • HELDER SENA (SECRETARY)
  • PEDRO SANCHEZ (TREASURER)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to raise funds to provide scholarships for the education of the children of the members of ubc local union 2790.

What it reported doing in 2024

Provide educational scholarships for the children of members of local union 2790 of the united brotherhood of carpenters & joiners of america.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.9%; rating input score 33
  • Program expense ratio: 78.3%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 62.5%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 25.14; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 113%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: 199.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 13.5% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 32.9% of revenue deployed · 78.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.