Elevator Constructors Union Local 1 Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves Growing revenue
Elevator Constructors Union Local 1 Scholarship Fund is a 501(c)(3) organization based in Long Is City, New York, registered in 1988, with $61,409 in FY2024 revenue. CharityIndex grades it D.
4724 27th St, Long Is City, NY, 11101 EIN 13-3251442 Since 1988
Revenue (FY2024)
$61K
▲ 262.4% vs prior year
Expenses (FY2024)
$37K
Net assets
-$2,530
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 Elevator Constructors Union Local 1 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 →
DFinancial health25% of the rating0 mo reserves · +40% 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 Elevator Constructors Union Local 1 Scholarship Fund: 0 mo reserves · +40% margin earns a D 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 Elevator Constructors Union Local 1 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 Elevator Constructors Union Local 1 Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 4724 27th St, Long Is City, NY, 11101
- City
- Long Is City
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $10K (FY2020) to $61K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $99KNet assets -$2,530
Operating margin
39.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$97K
Total liabilities
$99K
Net assets
-$2,530
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,409▲262% | $37,007▲8.8% | -$2,530▼0.3% | $96,939▲33.6% | 990PF |
| 2023 | $16,944▼79.3% | $34,004▲31.4% | -$2,523▼0.2% | $72,537▼19.0% | 990PF |
| 2022 | $81,874▲5969% | $25,870▲32.3% | -$2,519▼52.8% | $89,597▲167% | 990PF |
| 2021 | $1,349▼87.1% | $19,553▼27.7% | -$1,649▼3.3% | $33,593▼35.1% | 990PF |
| 2020 | $10,455 | $27,054 | -$1,596 | $51,797 | 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 Elevator Constructors Union Local 1 Scholarship Fund a legitimate nonprofit?
- Yes. Elevator Constructors Union Local 1 Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3251442, based in Long Is City, New York. Donations are tax-deductible.
- What is Elevator Constructors Union Local 1 Scholarship Fund's EIN?
- Elevator Constructors Union Local 1 Scholarship Fund's Employer Identification Number (EIN) is 13-3251442.
- How much revenue does Elevator Constructors Union Local 1 Scholarship Fund report?
- Elevator Constructors Union Local 1 Scholarship Fund reported $61,409 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elevator Constructors Union Local 1 Scholarship Fund have?
- CharityIndex grades Elevator Constructors Union Local 1 Scholarship Fund D, based on financial health (reserves and operating margin).
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Data for Elevator Constructors Union Local 1 Scholarship Fund (EIN 13-3251442) 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.