Alexander J Grossman Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Alexander J Grossman Scholarship Foundation is a 501(c)(3) organization based in Birmingham, Alabama, registered in 1984, with $222,699 in FY2024 revenue. CharityIndex grades it C+.
Po Box 11647, Birmingham, AL, 35202 EIN 59-6782085 Since 1984
Revenue (FY2024)
$223K
▲ 260.7% vs prior year
Expenses (FY2024)
$150K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Alexander J Grossman 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 →
B+Financial health25% of the rating166 mo reserves · +33% margin
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 Alexander J Grossman Scholarship Foundation: 166 mo reserves · +33% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Alexander J Grossman 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 Alexander J Grossman Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 11647, Birmingham, AL, 35202
- City
- Birmingham
- State
- Alabama
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $201K (FY2020) to $223K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.1M
Operating margin
32.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $222,699▲261% | $149,727▲8.0% | $2,072,545▲3.6% | $2,072,545▲3.6% | 990PF |
| 2023 | $61,739▼63.2% | $138,583▼10.0% | $2,000,578▼3.7% | $2,000,578▼3.7% | 990PF |
| 2022 | $167,611▼32.3% | $153,899▼4.0% | $2,078,110▲0.5% | $2,078,110▲0.5% | 990PF |
| 2021 | $247,592▲23.2% | $160,346▲31.4% | $2,067,548▲4.4% | $2,067,548▲4.4% | 990PF |
| 2020 | $200,908 | $122,050 | $1,980,945 | $1,980,945 | 990PF |
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.
Frequently asked questions
- Is Alexander J Grossman Scholarship Foundation a legitimate nonprofit?
- Yes. Alexander J Grossman Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-6782085, based in Birmingham, Alabama. Donations are tax-deductible.
- What is Alexander J Grossman Scholarship Foundation's EIN?
- Alexander J Grossman Scholarship Foundation's Employer Identification Number (EIN) is 59-6782085.
- How much revenue does Alexander J Grossman Scholarship Foundation report?
- Alexander J Grossman Scholarship Foundation reported $222,699 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Alexander J Grossman Scholarship Foundation have?
- CharityIndex grades Alexander J Grossman Scholarship Foundation C+, based on financial health (reserves and operating margin).
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Data for Alexander J Grossman Scholarship Foundation (EIN 59-6782085) 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.