Womens Club of Great Falls Scholarship Fund Inc
Nonprofit profile at a glance
- EIN
- 521300501
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Great Falls, VA, USA
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $117,014
- Expenses
- $95,552
- Assets
- $83,934
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- LINDSAY HARPER (President)
- SUZANNE CHARLESTON (Vice President)
People named in this filing
- JACKIE HARDING (Director)
- SUMAIRA MALIK (Director)
- TORIA SCOTTO (Treasurer)
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
Through Fundraising and the provision of scholarship support, The Women's club ofGreat Falls Scholarship Fund continues to pave Educational Pathways for studentsin Northern Virginia.The Scholarship Fund, Inc. was established in 1982, when the Great Falls WomansClub (also formerly known as Great Falls Friends & Neighbors) recognized the needto provide financial assistance to students pursuing degrees in higher education.Scholarships are awarded to deserving students who are residents of NorthernVirginia, attending George Mason University or Northern Virginia Community College(Advance Program).In addition, we are now providing scholarships to EIP graduates entering GMU. We identified the (GMU) Early identification Program as a new outlet of a revamped scholarship fundraising in our 2021-2022 efforts and now support them annually. EIPs mission is to equip younger middle school students with the knowledge, skills, and intellect to become lifelong learners, leaders, and responsible global c
What it reported doing in 2024
From January 2024 to December 2024, 18 scholarships have been awarded to NVCC and GMU for the academic year 2024-25 for a total of $ 27,500(at $ 2,500 each). We funded the Women's Club of Great Falls EIP Scholarship Fund in the amount of $ 18,000 total. We have also extended our support for both of these EIP students scholarships for the next 3 years. In addition, we have committed to providing funding to two new EIP students starting their freshman year in the fall of 2025 In addition, $ 10,000 was written for the Mason LIFE program in the fall of 2024 will be allocated to a student for the '25-26 school year.Together, we are helping students with intellectual and developmental disabilities receive inclusive education to enable them to gain life skills and independence.
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
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.6%; rating input score 67
- Program expense ratio: 81.6%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.3%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 26.3% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: -30.7% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 66.6% of revenue deployed · 81.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.