Mary A Kelly Scholarship Fund
Nonprofit profile at a glance
- EIN
- 046042274
- IRS 990-PF coverage
- 2015–2015
- Forms available
- Form 990-PF 2015
- Location
- Newburyport, MA, USA
- Phone
- 9783880142
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $27,351
- Expenses
- $34,671
Source: IRS Form 990-PF. Selected filing: tax year 2015. Amounts in USD.
Overview
Mission
Scholarships, Student Financial Aid Services, Awards
What it reported funding in 2015
The foundation reported 9 filed grant rows totaling $25,750. The stated grant purpose was college.
Operating model
- Revenue model
- Investment-supported. 91% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 74% of its reported charitable disbursements as grants.
The verdict
MIXED - The filing identifies who received its grants and a large share of spending goes to grants. The available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 74
- Transparency: 100
- Compliance: 50
- Endowment Health: 85
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 74.3%; rating input score 74; 33rd percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Foundation activity disclosures: Limited
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 26.88; rating input score 85; 85th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Investments: 85th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.