Grand Lodge of Indiana F & A M Scholarship Board Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1988, with $231,426 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$231K
▲ 104.2% vs prior year
Expenses (FY2024)
$94K
Net assets
$1.4M
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 Grand Lodge of Indiana F & A M Scholarship Board Inc— 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 Grand Lodge of Indiana F & A M Scholarship Board Inc: 177 mo reserves · +60% 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 Grand Lodge of Indiana F & A M Scholarship Board Inc— 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 Grand Lodge of Indiana F & A M Scholarship Board Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $178K (FY2014) to $231K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
59.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $231,426▲104% | $93,503▼7.3% | $1,377,180▲6.3% | $1,377,180▲5.8% | 990 |
| 2023 | $113,311▲42.1% | $100,852▲6.3% | $1,295,294▲8.5% | $1,301,990▲8.5% | 990 |
| 2022 | $79,740▼52.6% | $94,846▲5.1% | $1,193,809▼20.8% | $1,200,505▼20.7% | 990 |
| 2021 | $168,087▲132% | $90,206▼24.0% | $1,506,490▲2.5% | $1,513,186▲2.5% | 990 |
| 2020 | $72,305▼45.3% | $118,707▲16.5% | $1,469,088▲7.9% | $1,475,784▲8.4% | 990 |
| 2019 | $132,133▲30.1% | $101,905▲16.3% | $1,361,635▲20.1% | $1,361,635▲15.3% | 990 |
| 2018 | $101,556▲48.6% | $87,610▼2.2% | $1,133,530▼4.9% | $1,180,534▼2.4% | 990 |
| 2017 | $68,337▼14.9% | $89,573▼10.2% | $1,192,292▲9.1% | $1,209,436▲9.9% | 990 |
| 2016 | $80,276▲7.7% | $99,795▲1.4% | $1,092,791▲1.5% | $1,100,427▲1.2% | 990 |
| 2015 | $74,528▼58.2% | $98,422▼2.4% | $1,076,857▼5.3% | $1,087,514▼6.8% | 990 |
| 2014 | $178,360 | $100,818▲124% | $1,136,552▲8.6% | $1,166,852▲11.5% | 990 |
| 2012 | — | $44,962▼41.5% | $1,046,082▲6.7% | $1,046,082▲6.7% | 990 |
| 2011 | — | $76,860▼81.6% | $980,296▼88.7% | $980,296▼88.7% | 990 |
| 2010 | — | $418,497▼5.9% | $8,697,505▲10.7% | $8,697,505▲10.3% | 990 |
| 2009 | — | $444,848 | $7,860,253 | $7,886,087 | 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.
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Data for Grand Lodge of Indiana F & A M Scholarship Board Inc (EIN 31-1225899) 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.