Merle & Olive Lee Gilliand Scholarship Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2016, with $104,476 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$104K
▲ 79.8% vs prior year
Education median: $200K
Expenses (FY2024)
$62K
Net assets
$482K
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 Merle & Olive Lee Gilliand 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 Merle & Olive Lee Gilliand Scholarship Foundation: 93 mo reserves · +41% 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 Merle & Olive Lee Gilliand 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 Merle & Olive Lee Gilliand 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 (FY2015) to $104K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
40.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$482K
Total liabilities
$0
Net assets
$482K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,476▲79.8% | $61,848▲10.6% | $481,823▲9.6% | $481,823▲9.6% | 990PF |
| 2023 | $58,104▼3.0% | $55,910▼46.8% | $439,690▲0.6% | $439,690▲0.6% | 990PF |
| 2022 | $59,920▲11.8% | $105,005▲130% | $437,253▼9.5% | $437,253▼9.5% | 990PF |
| 2021 | $53,585▲91.8% | $45,730▲6.9% | $482,924▲10.4% | $482,924▲10.4% | 990PF |
| 2020 | $27,935▲43.4% | $42,777▼22.3% | $437,603▼3.3% | $437,603▼3.3% | 990PF |
| 2019 | $19,487▼50.0% | $55,076▲71.6% | $452,741▼7.3% | $452,741▼7.3% | 990PF |
| 2018 | $38,998▲95.1% | $32,092▼12.7% | $488,330▲1.4% | $488,330▲1.4% | 990PF |
| 2017 | $19,989▲77.5% | $36,762▼44.9% | $481,426▼3.4% | $481,426▼3.4% | 990PF |
| 2016 | $11,259▼59.1% | $66,715▲470% | $498,200▼10.0% | $498,200▼10.0% | 990PF |
| 2015 | $27,501 | $11,701 | $553,668 | $553,668 | 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 Merle & Olive Lee Gilliand Scholarship Foundation (EIN 25-6633239) 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.