Matthew Zonghetti Scholarship Fund Inc

Nonprofit profile at a glance

EIN
833397489
IRS 990-EZ coverage
2019–2025
Forms available
Form 990-EZ 2025
Location
Mansfield, MA, USA
Phone
5087256060
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$62,660
Expenses
$43,949
Assets
$316,617
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • SUSAN ZONGHETTI (PRESIDENT)

People named in this filing

  • MARK HEALEY (DIRECTOR)
  • MICHELLE BUSHARIS (DIRECTOR)
  • STUART PINK (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

To provide scholarships or fellowship grants on an objective and non-discriminatory basis to students of serious purpose and financial need (preferably but not exclusively) from mansfield, Massachusetts who are attending any school, college, graduate school or other accredited educational institution exempt under IRS code section 501(c)(3).

What it reported doing in 2025

The matthew zonghetti scholarship is a program that provides scholarships or fellowship grants on an objective and non-discriminatory basis to students of serious purpose and financial need (preferably but not exclusively) from mansfield, Massachusetts who are attending any school, college, graduate school or other accredited educational institution exempt under IRS code section 501(c)(3) by raising funds through contributions, grants and fundraising.it is this programs intention to also provide funding to other organizations that provide support to families dealing with hardships. At current, west side benevolent circle has been its major recipient, but as the organization builds the scholarship fund, their mission is to seek out other organizations that could benefit from a contribution by the fund.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% 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: 78
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.4%; rating input score 70
  • Program expense ratio: 90.9%; rating input score 91

Transparency & Controls

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

Sustainability

  • Operating margin: 29.9%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 7.2; rating input score 89; 89th 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: 26.4% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 16.3% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 70.4% of revenue deployed · 90.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $40K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.