Inter-lakes Scholarship Foundation is a 501(c)(3) organization based in Meredith, New Hampshire, registered in 2012, with $47,530 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$48K
▲ 50.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$28K
Net assets
$407K
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 Inter-lakes Scholarship 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 Inter-lakes Scholarship Foundation: 172 mo reserves · +40% 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 Inter-lakes Scholarship 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 Inter-lakes Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $28K (FY2018) to $48K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
40.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$432K
Total liabilities
$25K
Net assets
$407K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,530▲50.5% | $28,448▲12.4% | $407,103▲10.2% | $432,403▲9.0% | 990PF |
| 2023 | $31,585▲26.6% | $25,308▼27.7% | $369,497▼7.6% | $396,797▼0.8% | 990PF |
| 2022 | $24,941▼53.3% | $35,020▲0.4% | $400,020▲21.5% | $400,020▲19.0% | 990PF |
| 2021 | $53,387▲8.9% | $34,893▲83.6% | $329,119▲3.6% | $336,069▲5.8% | 990PF |
| 2020 | $49,046▲73.4% | $19,006▲43.0% | $317,575▲10.4% | $317,575▲10.4% | 990PF |
| 2019 | $28,293▲0.6% | $13,295▼3.3% | $287,535▲5.5% | $287,535▲5.5% | 990PF |
| 2018 | $28,115 | $13,748 | $272,537 | $272,537 | 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 Inter-lakes Scholarship Foundation (EIN 22-2474302) 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.