5 Strong Scholarship Foundation is a 501(c)(3) organization based in College Park, Georgia, registered in 2015, with $413,066 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$413K
▼ 12.9% vs prior year
Education median: $200K
Expenses (FY2024)
$366K
Net assets
$409K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 5 Strong Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 5 Strong Scholarship Foundation: 13 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 5 Strong Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 5 Strong Scholarship Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $208K (FY2019) to $413K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
11.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$411K
Total liabilities
$1,840
Net assets
$409K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $413,066▼12.9% | $365,641▲15.2% | $409,075▲13.6% | $410,915▲11.8% | 990 |
| 2023 | $474,277▲56.2% | $317,369▲18.1% | $360,015▲77.3% | $367,593▲71.9% | 990 |
| 2022 | $303,630▼14.5% | $268,769▲21.2% | $203,107▲20.7% | $213,781▲12.2% | 990 |
| 2021 | $355,087▲642% | $221,800▲18.5% | $168,246▲171% | $190,457▲207% | 990 |
| 2020 | $47,840▼77.0% | $187,124▲327% | $61,975▼64.8% | $61,975▼64.8% | 990EZ |
| 2019 | $207,697 | $43,856 | $176,150 | $176,150 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to 5 Strong Scholarship Foundation totaling $492K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| George Kaiser Family Foundation | Ray owens director allocation | 2024 | $5,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $250,000 |
| The Community Foundation For Greater Atlanta Inc | Education | 2023 | $65,000 |
| Donor Advised Charitable Giving | Education | 2023 | $50,000 |
| Network For Good Inc | Unrestricted | 2023 | $5,425 |
| The Community Foundation For Greater Atlanta Inc | Education | 2022 | $60,900 |
| Network For Good Inc | Unrestricted | 2022 | $5,761 |
| The Community Foundation For Greater Atlanta Inc | Education | 2021 | $40,000 |
| Network For Good Inc | Unrestricted | 2021 | $5,007 |
| Network For Good Inc | Unrestricted | 2020 | $5,272 |
Explore more
Data for 5 Strong Scholarship Foundation (EIN 47-1332851) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.