Bruce H Mahan Memorial Scholarship Fund is a 501(c)(3) organization based in Brooklyn, Ohio, registered in 1997, with $3,088 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$3,088
▼ 92.7% vs prior year
Education median: $200K
Expenses (FY2024)
$3,895
Net assets
$180K
Employees
—
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 Bruce H Mahan Memorial 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 →
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 Bruce H Mahan Memorial Scholarship Fund: 554 mo reserves · -26% margin earns a D 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 Bruce H Mahan Memorial 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 →
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 Bruce H Mahan Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D 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.
Revenue declined from $13K (FY2017) to $3,088 (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-26.1%
Spent more than it raised in the latest fiscal year.
Total assets
$180K
Total liabilities
$0
Net assets
$180K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,088▼92.7% | $3,895▼63.9% | $179,928▲7.0% | $179,928▲7.0% | 990PF |
| 2023 | $42,431▲9467% | $10,782▼3.1% | $168,183▲11.2% | $168,183▲11.2% | 990PF |
| 2022 | -$453▼101% | $11,125▼13.1% | $151,305▼5.9% | $151,305▼5.9% | 990PF |
| 2021 | $30,798▲199% | $12,804▲14.3% | $160,721▼4.4% | $160,721▼4.4% | 990PF |
| 2020 | $10,314▼13.8% | $11,206▲19.7% | $168,100▲13.4% | $168,100▲13.4% | 990PF |
| 2019 | $11,964▲25.1% | $9,363▼7.4% | $148,218▲1.9% | $148,218▲1.9% | 990PF |
| 2018 | $9,564▼28.2% | $10,110▲12.3% | $145,390▼1.7% | $145,390▼1.7% | 990PF |
| 2017 | $13,315 | $8,999 | $147,879 | $147,879 | 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.
Explore more
Data for Bruce H Mahan Memorial Scholarship Fund (EIN 06-6256073) 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.