Missionsquare Retirement Memorial Scholarship Fund
Nonprofit profile at a glance
- EIN
- 522281478
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2029624600
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $142,509
- Expenses
- $118,661
- Assets
- $177,005
- Liabilities
- $13,375
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DEANNA SANTANA (PRESIDENT)
People named in this filing
- RICKEY CHILDERS (DIRECTOR)
- JTHOMAS LUNDY (DIRECTOR)
- ERICK McKISSACK (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The missionsquare retirement memorial scholarship fund ("the fund") honors education, healthcare, not-for-profit, public safety and other local and state government employees who die in service to their communities by providing post-secondary educational scholarships to their surviving spouses and children.
What it reported doing in 2024
The fund's board of directors manages and oversees the eligibility and award selection process. In 2024, all scholarship awards were administered in conjunction with the following public charities: scholarship america, national fallen firefighters foundation (nfff), and the concerns of police survivors (cops). During the year, the fund provided $3,000, $56,000 and $41,252, respectively, to these organizations to fund scholarships for 43 individual recipients.
Operating model
- Revenue model
- Donor-supported. 100% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Assets have declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.4%; rating input score 70
- Program expense ratio: 84.5%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 16.7%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.8% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 27.8% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 70.4% of revenue deployed · 84.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $100K 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: 3 filing years from 2022 to 2024
- 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: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.