Michael P Daly Memorial Scholarship Foundation is a 501(c)(3) organization based in Overland Park, Kansas, registered in 2015, with $27,218 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$27K
▼ 3.3% vs prior year
Education median: $200K
Expenses (FY2024)
$28K
Net assets
$100K
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 Michael P Daly Memorial 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 Michael P Daly Memorial Scholarship Foundation: 42 mo reserves · -5% 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 Michael P Daly Memorial 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 Michael P Daly Memorial Scholarship Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $28K (FY2017) to $27K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-4.6%
Spent more than it raised in the latest fiscal year.
Total assets
$100K
Total liabilities
$0
Net assets
$100K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,218▼3.3% | $28,477▲152% | $100,315▼1.2% | $100,315▼1.2% | 990EZ |
| 2023 | $28,147▲6.8% | $11,315▼52.2% | $101,574▲19.9% | $101,574▲19.9% | 990EZ |
| 2022 | $26,357▼7.1% | $23,678▲39.3% | $84,742▲3.3% | $84,742▲3.3% | 990EZ |
| 2021 | $28,365▲63.3% | $17,000▼44.3% | $82,063▲125% | $82,063▲125% | 990EZ |
| 2020 | $17,372▼49.4% | $30,523▼0.3% | $36,394▼26.5% | $36,394▼26.5% | 990EZ |
| 2019 | $34,324▲34.2% | $30,611▲2.0% | $49,545▲8.1% | $49,545▲8.1% | 990EZ |
| 2018 | $25,579▼10.1% | $30,000 | $45,832▼8.8% | $45,832▼8.8% | 990EZ |
| 2017 | $28,455 | $30,000 | $50,253 | $50,253 | 990EZ |
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 Michael P Daly Memorial Scholarship Foundation (EIN 45-3360937) 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.