Gary K Herberger Young Scholars Academy is a 501(c)(3) organization based in Glendale, Arizona, registered in 2021, with $2,178,865 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.2M
▲ 38.6% vs prior year
Education median: $200K
Expenses (FY2023)
$2.0M
Net assets
$498K
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 Gary K Herberger Young Scholars Academy— 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 Gary K Herberger Young Scholars Academy: 3 mo reserves · +6% margin earns a B 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 Gary K Herberger Young Scholars Academy— 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 Gary K Herberger Young Scholars Academy: 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.
Revenue grew from $963K (FY2019) to $2.2M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$576K
Total liabilities
$78K
Net assets
$498K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,178,865▲38.6% | $2,043,038▲55.3% | $497,669▲37.5% | $576,058▲24.1% | 990 |
| 2022 | $1,571,843▲4.0% | $1,315,317▼7.4% | $361,842▲244% | $464,169▲14.7% | 990 |
| 2021 | $1,511,629▲23.1% | $1,420,753▲16.3% | $105,316▲629% | $404,526▲23.7% | 990 |
| 2020 | $1,228,149▲27.5% | $1,221,393▲27.9% | $14,440▲87.9% | $327,057▲18.8% | 990 |
| 2019 | $963,015 | $955,331 | $7,684 | $275,304 | 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.
Explore more
Data for Gary K Herberger Young Scholars Academy (EIN 84-2523773) 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.