Alice S Ayling Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Alice S Ayling Scholarship Foundation is a 501(c)(3) organization based in Woburn, Massachusetts, registered in 1987, with $543,014 in FY2024 revenue. CharityIndex grades it F.
8 Cedar St Ste 55, Woburn, MA, 01801 EIN 22-2808952 Since 1987
Revenue (FY2024)
$543K
▼ 73.8% vs prior year
Expenses (FY2024)
$1.9M
Net assets
$6.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Alice S Ayling 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 →
FFinancial health25% of the rating42 mo reserves · -251% 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 Alice S Ayling Scholarship Foundation: 42 mo reserves · -251% margin earns a F 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 Alice S Ayling 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 Alice S Ayling Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 8 Cedar St Ste 55, Woburn, MA, 01801
- City
- Woburn
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $374K (FY2013) to $543K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.7M
Operating margin
-251.1%
Spent more than it raised in the latest fiscal year.
Total assets
$6.7M
Total liabilities
$0
Net assets
$6.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $543,014▼73.8% | $1,906,500▲14.3% | $6,680,791▼16.9% | $6,680,791▼16.9% | 990PF |
| 2023 | $2,075,812▲57.5% | $1,668,023▲14.0% | $8,040,882▲5.3% | $8,040,882▲5.3% | 990PF |
| 2022 | $1,317,902▲119% | $1,462,908▲10.3% | $7,633,093▼1.9% | $7,633,093▼1.9% | 990PF |
| 2021 | $601,540 | $1,326,488▼22.9% | $7,778,099▼8.5% | $7,778,099▼8.5% | 990PF |
| 2020 | $601,602▼36.2% | $1,719,467▲62.1% | $8,503,047▼11.6% | $8,503,047▼11.6% | 990PF |
| 2019 | $942,653▲61.2% | $1,060,793▲9.2% | $9,617,067▼1.2% | $9,617,067▼1.2% | 990PF |
| 2018 | $584,641▼59.0% | $971,165▲10.3% | $9,730,862▼3.8% | $9,730,862▼3.8% | 990PF |
| 2017 | $1,427,075▲25.6% | $880,150▼0.1% | $10,119,531▲5.5% | $10,119,531▲5.5% | 990PF |
| 2016 | $1,135,867▲116% | $880,732▲33.2% | $9,591,051▲2.7% | $9,591,051▲2.7% | 990PF |
| 2015 | $525,394▼44.4% | $661,290▲2.8% | $9,335,916▼1.3% | $9,335,916▼1.3% | 990PF |
| 2014 | $945,300▲153% | $642,985▲1.2% | $9,454,437▲10.0% | $9,454,437▲10.0% | 990PF |
| 2013 | $374,016 | $635,265▲2.7% | $8,597,334▼3.0% | $8,597,334▼3.0% | 990PF |
| 2012 | — | $618,754▼4.2% | $8,861,402▼2.0% | $8,861,402▼2.0% | 990PF |
| 2011 | — | $645,550▼4.6% | $9,044,749▼3.6% | $9,044,749▼3.6% | 990PF |
| 2010 | — | $676,369 | $9,385,907 | $9,385,907 | 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 Alice S Ayling Scholarship Foundation a legitimate nonprofit?
- Yes. Alice S Ayling Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2808952, based in Woburn, Massachusetts. Donations are tax-deductible.
- What is Alice S Ayling Scholarship Foundation's EIN?
- Alice S Ayling Scholarship Foundation's Employer Identification Number (EIN) is 22-2808952.
- How much revenue does Alice S Ayling Scholarship Foundation report?
- Alice S Ayling Scholarship Foundation reported $543,014 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Alice S Ayling Scholarship Foundation have?
- CharityIndex grades Alice S Ayling Scholarship Foundation F, based on financial health (reserves and operating margin).
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Data for Alice S Ayling Scholarship Foundation (EIN 22-2808952) 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.