Souhegan Scholarship Foundation
Nonprofit profile at a glance
- EIN
- 611460470
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Amherst, NH, USA
- Phone
- 6033450176
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $67,237
- Expenses
- $63,358
- Assets
- $335,889
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- GAIL JORDAN (CO-TREASURER)
- CARA FACQUES (CO-TREASURER)
- CHRISTOPHER J PYLES (TRUSTEE)
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
Maintain funds necessary for scholarship
What it reported doing in 2024
Linda merrill scholarship: scholarships to college students who have overcome hardships in their high school years. 4 students received received $1500 each,3 students received$500
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 100
- Sustainability: 66
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.7%; rating input score 6
- Program expense ratio: 6.1%; rating input score 6
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: 5.8%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 5.3; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 5.7% of revenue deployed · 6.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $4K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 8 filing years from 2011 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.