Michael J Lorden Memorial Scholarship
Only null% goes to programs Strong reserves Growing revenue
Michael J Lorden Memorial Scholarship is a 501(c)(3) organization based in Westford, Massachusetts, registered in 2005, with $2,272 in FY2024 revenue. CharityIndex grades it D.
69 Endmoor Rd, Westford, MA, 01886 EIN 20-2897564 Since 2005
Revenue (FY2024)
$2,272
▲ 4.6% vs prior year
Education median: $200K
Expenses (FY2024)
$6,433
Net assets
$44K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Michael J Lorden Memorial Scholarship— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating82 mo reserves · -183% 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 Michael J Lorden Memorial Scholarship: 82 mo reserves · -183% margin earns a F 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 Michael J Lorden Memorial Scholarship— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Michael J Lorden Memorial Scholarship: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 69 Endmoor Rd, Westford, MA, 01886
- City
- Westford
- State
- Massachusetts
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue declined from $2,639 (FY2013) to $2,272 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $44K
Operating margin
-183.1%
Spent more than it raised in the latest fiscal year.
Total assets
$44K
Total liabilities
$0
Net assets
$44K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,272▲4.6% | $6,433▲7.6% | $44,182▼12.8% | $44,182▼12.8% | 990PF |
| 2023 | $2,172▲97.1% | $5,981▲37.5% | $50,674▲10.4% | $50,674▲10.4% | 990PF |
| 2022 | $1,102▲151% | $4,350▲1.3% | $45,911▼6.6% | $45,911▼6.6% | 990PF |
| 2021 | $439▼55.9% | $4,294▼48.2% | $49,159▼7.3% | $49,159▼7.3% | 990PF |
| 2020 | $996▼56.4% | $8,296▲10.8% | $53,014▼12.1% | $53,014▼12.1% | 990PF |
| 2019 | $2,283▼28.6% | $7,489▲22.2% | $60,314▼7.9% | $60,314▼7.9% | 990PF |
| 2018 | $3,198▲26.7% | $6,129▲4.3% | $65,520▼4.3% | $65,520▼4.3% | 990PF |
| 2017 | $2,525▲34.7% | $5,875▼22.7% | $68,451▼4.7% | $68,451▼4.7% | 990PF |
| 2016 | $1,875▼75.5% | $7,604▲28.5% | $71,799▼7.4% | $71,801▼7.4% | 990PF |
| 2015 | $7,648▲60.8% | $5,918▲6.0% | $77,528▲2.3% | $77,528▲2.3% | 990PF |
| 2014 | $4,757▲80.3% | $5,585▼6.6% | $75,798▼1.1% | $75,798▼1.1% | 990PF |
| 2013 | $2,639 | $5,981▼6.3% | $76,626▼4.2% | $76,626▼4.2% | 990PF |
| 2012 | — | $6,385▲3.1% | $79,968▼5.2% | $79,968▼5.2% | 990PF |
| 2011 | — | $6,191▼78.4% | $84,374▼4.7% | $84,374▼4.7% | 990PF |
| 2010 | — | $28,652 | $88,570 | $88,570 | 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 Michael J Lorden Memorial Scholarship a legitimate nonprofit?
- Yes. Michael J Lorden Memorial Scholarship is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-2897564, based in Westford, Massachusetts. Donations are tax-deductible.
- What is Michael J Lorden Memorial Scholarship's EIN?
- Michael J Lorden Memorial Scholarship's Employer Identification Number (EIN) is 20-2897564.
- How much revenue does Michael J Lorden Memorial Scholarship report?
- Michael J Lorden Memorial Scholarship reported $2,272 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael J Lorden Memorial Scholarship have?
- CharityIndex grades Michael J Lorden Memorial Scholarship D, based on financial health (reserves and operating margin).
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Data for Michael J Lorden Memorial Scholarship (EIN 20-2897564) 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.