David D Alston Scholarship Fund
501(c)(9)
Only null% goes to programs Strong reserves Declining revenue
David D Alston Scholarship Fund is a 501(c)(9) organization based in Norfolk, Virginia, registered in 1982, with $59,961 in FY2023 revenue. CharityIndex grades it F.
1355 International Terminal Blvd, Norfolk, VA, 23505 EIN 54-1160614 Since 1982
Revenue (FY2023)
$60K
▼ 81.4% vs prior year
Expenses (FY2023)
$97K
Net assets
$1.1M
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 David D Alston 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 rating130 mo reserves · -62% 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 David D Alston Scholarship Fund: 130 mo reserves · -62% 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 David D Alston 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 →
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 David D Alston Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $85K (FY2013) to $60K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $7,400Net assets $1.1M
Operating margin
-62.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$7,400
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $59,961▼81.4% | $97,370▲4.0% | $1,052,435▲8.5% | $1,059,835▲8.4% | 990 |
| 2022 | $322,352▲613% | $93,613▲17.9% | $970,218▲37.9% | $977,894▲38.5% | 990 |
| 2021 | $45,196▼58.2% | $79,412▼15.0% | $703,401▼19.5% | $705,986▼19.5% | 990 |
| 2020 | $108,241▲222% | $93,442▼4.9% | $873,533▲7.3% | $876,627▲7.4% | 990 |
| 2019 | $33,585▼52.0% | $98,248▼5.8% | $813,962▼8.4% | $816,545▼8.4% | 990 |
| 2018 | $69,973▼3.6% | $104,323▼19.2% | $888,570▼7.1% | $891,442▼7.1% | 990 |
| 2017 | $72,568▲17.4% | $129,062▼22.9% | $956,595▼4.1% | $959,702▼4.1% | 990 |
| 2016 | $61,832▼0.9% | $167,436▲4.1% | $997,041▼5.7% | $1,001,071▼5.7% | 990 |
| 2015 | $62,397▼37.4% | $160,765▲11.2% | $1,057,425▼2.7% | $1,061,470▼7.2% | 990 |
| 2014 | $99,626▲17.6% | $144,543▲47.2% | $1,086,824▼14.7% | $1,144,188▼11.2% | 990 |
| 2013 | $84,721 | $98,200▲32.6% | $1,274,132▲4.7% | $1,289,059▲5.8% | 990 |
| 2012 | — | $74,044▼12.6% | $1,217,029▲6.4% | $1,218,419▲6.4% | 990 |
| 2011 | — | $84,702▼22.1% | $1,143,723▲8.6% | $1,144,914▲8.6% | 990 |
| 2010 | — | $108,716▼14.2% | $1,053,123▼9.5% | $1,054,101▼9.5% | 990 |
| 2009 | — | $126,738 | $1,163,837 | $1,165,125 | 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.
Frequently asked questions
- Is David D Alston Scholarship Fund a legitimate nonprofit?
- Yes. David D Alston Scholarship Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 54-1160614, based in Norfolk, Virginia.
- What is David D Alston Scholarship Fund's EIN?
- David D Alston Scholarship Fund's Employer Identification Number (EIN) is 54-1160614.
- How much revenue does David D Alston Scholarship Fund report?
- David D Alston Scholarship Fund reported $59,961 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does David D Alston Scholarship Fund have?
- CharityIndex grades David D Alston Scholarship Fund F, based on financial health (reserves and operating margin).
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Explore more
Data for David D Alston Scholarship Fund (EIN 54-1160614) 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.