Truman Scholars Association
Nonprofit profile at a glance
- EIN
- 522055842
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Indianapolis, IN, USA
- Phone
- 3172325626
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $12,542
- Expenses
- $9,437
- Assets
- $39,998
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Erin Lowe (President)
- Illeana Cruz (Vice President)
- Stephen Honan (Immediate Past President)
People named in this filing
- Erin Lowe (President)
- Illeana Cruz (Vice President)
- Sarah Grant (Treasurer and Governance Chair)
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
Promote Truman Scholars & public service as well as serve as an alumni network.
What it reported doing in 2024
Hosted regional gatherings for the Truman Scholars community
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.2%; rating input score 53
- Program expense ratio: 68.3%; rating input score 68
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: 24.8%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 4.24; rating input score 81; 81st 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: 1.8% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 2.5% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 53.2% of revenue deployed · 68.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.