Scholarship America
Nonprofit profile at a glance
- EIN
- 470853704
- IRS 990-EZ coverage
- 2010–2013
- Forms available
- Form 990-EZ 2013
- Location
- San Diego, CA, USA
- Phone
- 6192264133
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $61,288
- Expenses
- $40,979
- Assets
- $138,948
- Liabilities
- $16,500
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- MARY JO MACOMBER (President)
- SUSAN CLARKE (Vice President)
People named in this filing
- KATIE O'WHALEN ELSBREE (VP FUND-RAISING)
- MARY JO MACOMBER (President)
- GERALDENE SHEA (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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organization provides scholarships to aged-out children from the san diego foster care system.
What it reported doing in 2013
Organization provided scholarships to 23 recipients in 2013, to aged-out children from the san diego foster care system. Scholarships are paid on behalf of the aged-out foster children to colleges and universities (not necessarily in the san diego area) attended by the students from the san diego foster care system, and range from $100 to $5,000 per student. Scholarships are awarded twice a year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 total spending goes to programs. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 73
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.5%; rating input score 58
- Program expense ratio: 87.4%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 33.1%; rating input score 86; 86th percentile among comparable filings
- Total-asset coverage ratio: 3.39; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 57.1% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: -12.3% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 58.5% of revenue deployed · 87.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $36K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2010 to 2013
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.