Arthur M Handy Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Arthur M Handy Scholarship Fund is a 501(c)(3) organization based in Cataumet, Massachusetts, registered in 1994, with $520 in FY2024 revenue. CharityIndex grades it D.
Po Box 533, Cataumet, MA, 02534 EIN 04-3156900 Since 1994
Revenue (FY2024)
$520
▼ 7.1% vs prior year
Expenses (FY2024)
$2,040
Net assets
$15K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Arthur M Handy Scholarship Fund— 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 rating90 mo reserves · -292% 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 Arthur M Handy Scholarship Fund: 90 mo reserves · -292% 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 Arthur M Handy Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Arthur M Handy Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 533, Cataumet, MA, 02534
- City
- Cataumet
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $687 (FY2020) to $520 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $15K
Operating margin
-292.3%
Spent more than it raised in the latest fiscal year.
Total assets
$15K
Total liabilities
$0
Net assets
$15K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $520▼7.1% | $2,040▼34.5% | $15,343▼9.0% | $15,343▼9.0% | 990PF |
| 2023 | $560▼5.2% | $3,115▼33.3% | $16,863▼13.2% | $16,863▼13.2% | 990PF |
| 2022 | $591▼76.4% | $4,668▲75.4% | $19,418▼15.0% | $19,418▼15.0% | 990PF |
| 2021 | $2,500▲264% | $2,661▲7503% | $22,838▼8.2% | $22,838▼8.2% | 990PF |
| 2020 | $687 | $35 | $24,866 | $24,866 | 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 Arthur M Handy Scholarship Fund a legitimate nonprofit?
- Yes. Arthur M Handy Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3156900, based in Cataumet, Massachusetts. Donations are tax-deductible.
- What is Arthur M Handy Scholarship Fund's EIN?
- Arthur M Handy Scholarship Fund's Employer Identification Number (EIN) is 04-3156900.
- How much revenue does Arthur M Handy Scholarship Fund report?
- Arthur M Handy Scholarship Fund reported $520 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Arthur M Handy Scholarship Fund have?
- CharityIndex grades Arthur M Handy Scholarship Fund D, based on financial health (reserves and operating margin).
More nonprofits in Cataumet
Explore more
Data for Arthur M Handy Scholarship Fund (EIN 04-3156900) 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.