Floyd J Reinhart Memorial Scholarsh Ips
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Floyd J Reinhart Memorial Scholarsh Ips is a 501(c)(3) organization based in Albany, New York, registered in 1982, with $119,717 in FY2024 revenue. CharityIndex grades it C.
6 Metro Park Road, Albany, NY, 12205 EIN 14-1605307 Since 1982
Revenue (FY2024)
$120K
▼ 7.5% vs prior year
Expenses (FY2024)
$135K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Floyd J Reinhart Memorial Scholarsh Ips— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating121 mo reserves · -13% 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 Floyd J Reinhart Memorial Scholarsh Ips: 121 mo reserves · -13% margin earns a C+ 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 Floyd J Reinhart Memorial Scholarsh Ips— 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 Floyd J Reinhart Memorial Scholarsh Ips: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $68K (FY2013) to $120K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.4M
Operating margin
-13.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $119,717▼7.5% | $135,453▲20.1% | $1,361,182▼1.2% | $1,361,182▼1.2% | 990PF |
| 2023 | $129,486▲34.9% | $112,801▼7.0% | $1,377,722▲1.3% | $1,377,722▲1.3% | 990PF |
| 2022 | $95,952▼40.8% | $121,282▼5.1% | $1,360,507▼2.0% | $1,360,507▼2.0% | 990PF |
| 2021 | $162,153▲137% | $127,742▲6.9% | $1,387,756▲3.0% | $1,387,756▲3.0% | 990PF |
| 2020 | $68,425▲10.3% | $119,470▲3.3% | $1,347,907▼3.6% | $1,347,907▼3.6% | 990PF |
| 2019 | $62,037▼57.5% | $115,656▼13.5% | $1,398,952▼3.7% | $1,398,952▼3.7% | 990PF |
| 2018 | $145,972▲41.3% | $133,754▼2.6% | $1,452,308▲0.9% | $1,452,308▲0.9% | 990PF |
| 2017 | $103,285▼40.7% | $137,387▲12.5% | $1,438,881▼2.2% | $1,438,881▼2.2% | 990PF |
| 2016 | $174,055▲64.1% | $122,092▼15.7% | $1,471,533▲3.9% | $1,471,533▲3.9% | 990PF |
| 2015 | $106,088▼67.9% | $144,904▲0.5% | $1,416,570▼2.7% | $1,416,570▼2.7% | 990PF |
| 2014 | $330,055▲384% | $144,114▼25.8% | $1,455,386▲14.6% | $1,455,386▲14.6% | 990PF |
| 2013 | $68,188 | $194,271▲88.7% | $1,269,445▼9.0% | $1,269,445▼9.0% | 990PF |
| 2012 | — | $102,966▲1.1% | $1,395,528▲4.4% | $1,395,528▲4.4% | 990PF |
| 2011 | — | $101,838 | $1,337,137 | $1,337,137 | 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 Floyd J Reinhart Memorial Scholarsh Ips a legitimate nonprofit?
- Yes. Floyd J Reinhart Memorial Scholarsh Ips is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1605307, based in Albany, New York. Donations are tax-deductible.
- What is Floyd J Reinhart Memorial Scholarsh Ips's EIN?
- Floyd J Reinhart Memorial Scholarsh Ips's Employer Identification Number (EIN) is 14-1605307.
- How much revenue does Floyd J Reinhart Memorial Scholarsh Ips report?
- Floyd J Reinhart Memorial Scholarsh Ips reported $119,717 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Floyd J Reinhart Memorial Scholarsh Ips have?
- CharityIndex grades Floyd J Reinhart Memorial Scholarsh Ips C, based on financial health (reserves and operating margin).
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Data for Floyd J Reinhart Memorial Scholarsh Ips (EIN 14-1605307) 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.