Hanna-spivey Scholarship Fund
Only null% goes to programs Strong reserves Growing revenue
Hanna-spivey Scholarship Fund is a 501(c)(3) organization based in Rockford, Alabama, registered in 2000, with $19,486 in FY2024 revenue. CharityIndex grades it C+.
3137 Coosa County Rd 49, Rockford, AL, 35136 EIN 63-1225355 Since 2000
Revenue (FY2024)
$19K
▲ 89.5% vs prior year
Education median: $200K
Expenses (FY2024)
$8,085
Net assets
$381K
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 Hanna-spivey 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 →
B+Financial health25% of the rating565 mo reserves · +59% 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 Hanna-spivey Scholarship Fund: 565 mo reserves · +59% margin earns a B+ 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 Hanna-spivey 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 Hanna-spivey Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3137 Coosa County Rd 49, Rockford, AL, 35136
- City
- Rockford
- State
- Alabama
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $2,427 (FY2014) to $19K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $381K
Operating margin
58.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$381K
Total liabilities
$0
Net assets
$381K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,486▲89.5% | $8,085▲231% | $380,865▲3.1% | $380,865▲3.1% | 990PF |
| 2023 | $10,282▲592% | $2,445▲47.3% | $369,464▲2.2% | $369,464▲2.2% | 990PF |
| 2022 | $1,486▼26.2% | $1,660▼64.7% | $361,628 | $361,628 | 990PF |
| 2021 | $2,014▼57.3% | $4,698▲3.7% | $361,802▼0.7% | $361,802▼0.7% | 990PF |
| 2020 | $4,721▲4.9% | $4,529▲47.3% | $364,486▲0.1% | $364,486▲0.1% | 990PF |
| 2019 | $4,500▲46.7% | $3,074▲15.4% | $364,294▲0.4% | $364,294▲0.4% | 990PF |
| 2018 | $3,067▲13.4% | $2,663▲6.4% | $362,868▲0.1% | $362,868▲0.1% | 990PF |
| 2017 | $2,704▲8.0% | $2,503▼2.3% | $362,464▲0.1% | $362,464▲0.1% | 990PF |
| 2016 | $2,504▼2.2% | $2,562▼1.8% | $362,263 | $362,264 | 990PF |
| 2015 | $2,560▲5.5% | $2,609▼9.2% | $362,321 | $362,321 | 990PF |
| 2014 | $2,427 | $2,872 | $362,370 | $362,370 | 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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Frequently asked questions
- Is Hanna-spivey Scholarship Fund a legitimate nonprofit?
- Yes. Hanna-spivey Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 63-1225355, based in Rockford, Alabama. Donations are tax-deductible.
- What is Hanna-spivey Scholarship Fund's EIN?
- Hanna-spivey Scholarship Fund's Employer Identification Number (EIN) is 63-1225355.
- How much revenue does Hanna-spivey Scholarship Fund report?
- Hanna-spivey Scholarship Fund reported $19,486 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hanna-spivey Scholarship Fund have?
- CharityIndex grades Hanna-spivey Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Hanna-spivey Scholarship Fund (EIN 63-1225355) 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.