Gladstone Scholarship & Student Loan Foundation is a 501(c)(3) organization based in Gladstone, Michigan, registered in 2013, with $183,140 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$183K
▲ 100.8% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$155K
Net assets
$3.3M
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 Gladstone Scholarship & Student Loan Foundation— 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 Gladstone Scholarship & Student Loan Foundation: 257 mo reserves · +15% 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 Gladstone Scholarship & Student Loan Foundation— 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 Gladstone Scholarship & Student Loan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $78K (FY2013) to $183K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$14K
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $183,140▲101% | $155,076▼1.2% | $3,319,897▲14.0% | $3,333,502▲14.4% | 990PF |
| 2022 | $91,202▼11.4% | $156,926▼12.1% | $2,911,439▲4.8% | $2,914,925▲5.0% | 990PF |
| 2021 | $102,879▼44.8% | $178,508▲5.0% | $2,777,130▼15.5% | $2,777,441▼15.7% | 990PF |
| 2020 | $186,487▲278% | $169,999▲67.1% | $3,287,239▲6.9% | $3,295,786▲7.0% | 990PF |
| 2019 | $49,275▼69.9% | $101,735▼8.8% | $3,074,185▲3.2% | $3,078,823▲3.3% | 990PF |
| 2018 | $163,887▼58.8% | $111,501▲6.4% | $2,978,291 | $2,980,169▼0.1% | 990PF |
| 2017 | $398,078▲96.2% | $104,826▲39.0% | $2,977,697▲3.1% | $2,981,926▲2.0% | 990PF |
| 2016 | $202,929▲133% | $75,400▲11.6% | $2,888,107▲7.9% | $2,922,328▲8.1% | 990PF |
| 2015 | $87,205▲18.9% | $67,556▼6.1% | $2,675,610▲4.4% | $2,704,479▲4.4% | 990PF |
| 2014 | $73,343▼5.9% | $71,949▲12.1% | $2,562,539▼4.0% | $2,590,469▼3.7% | 990PF |
| 2013 | $77,981 | $64,191▼12.0% | $2,670,510▲2.5% | $2,690,760▲2.6% | 990PF |
| 2012 | — | $72,961 | $2,604,268 | $2,622,793 | 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.
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Data for Gladstone Scholarship & Student Loan Foundation (EIN 38-6277480) 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.