Matthew John Phillips Scholarship Foundation Inc
Nonprofit profile at a glance
- EIN
- 872585507
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Boylston, MA, USA
- Phone
- 7742084696
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $17,111
- Expenses
- $17,361
- Assets
- $69,467
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARIE PHILLIPS (PRESIDENT &)
People named in this filing
- MARIE PHILLIPS (PRESIDENT &)
- MATTHEW PHILLIPS (CLERK)
- LORI HART (BOARD MEMBER)
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
To raise funds and provide scholarships, in the memory of matthew john phillips, at saint john's high school, located in shrewsbury, ma and tahanto regional high school, located in boylston, ma.
What it reported doing in 2024
To raise funds and provide scholarships, in the memory of matthew john phillips at saint john's high school, located in shrewsbury ma and tahanto regional high school located in boylston ma.
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 95% 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: 98
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.2%; rating input score 98
- Program expense ratio: 96.8%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.5%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 4; rating input score 80; 80th 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: 54.1% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -25.9% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 17.5% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 98.2% of revenue deployed · 96.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.