N Y S A - I L A Scholarship Fund
501(c)(9)
Only null% goes to programs Strong reserves
N Y S A - I L A Scholarship Fund is a 501(c)(9) organization based in Jersey City, New Jersey, registered in 1981, with $225,000 in FY2023 revenue. CharityIndex grades it C+.
10 Exchange Pl Ste 1400, Jersey City, NJ, 07302 EIN 13-6796362 Since 1981
Revenue (FY2023)
$225K
▲ 0.0% vs prior year
Expenses (FY2023)
$196K
Net assets
$332K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 N Y S A - I L A 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 →
AFinancial health25% of the rating20 mo reserves · +13% 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 N Y S A - I L A Scholarship Fund: 20 mo reserves · +13% margin earns a A 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 N Y S A - I L A 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 N Y S A - I L A Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10 Exchange Pl Ste 1400, Jersey City, NJ, 07302
- City
- Jersey City
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $0 (FY2013) to $225K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6,174Net assets $332K
Operating margin
13.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$338K
Total liabilities
$6,174
Net assets
$332K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $225,000 | $195,505▲0.5% | $331,735▲9.8% | $337,909▲8.4% | 990 |
| 2022 | $225,000 | $194,482▼9.7% | $302,240▲11.2% | $311,681▲12.7% | 990 |
| 2021 | $225,000 | $215,327▲2.9% | $271,722▲3.7% | $276,580▲4.4% | 990 |
| 2020 | $225,000 | $209,326▼4.8% | $262,049▲6.4% | $264,855▲6.4% | 990 |
| 2019 | $225,000 | $219,953▲0.9% | $246,375▲2.1% | $249,028▼0.7% | 990 |
| 2018 | $225,000▼25.0% | $217,922▲1.8% | $241,328▲3.0% | $250,716▲4.1% | 990 |
| 2017 | $300,000▲100% | $214,007▼21.4% | $234,250▲58.0% | $240,937▲56.1% | 990 |
| 2016 | $150,000 | $272,299▲20.6% | $148,257▼45.2% | $154,354▼46.3% | 990 |
| 2015 | $150,000 | $225,783▲3.1% | $270,556▼21.9% | $287,176▼19.0% | 990 |
| 2014 | $0 | $219,029▲5.8% | $346,339▼38.7% | $354,743▼38.3% | 990 |
| 2013 | $0 | $206,988▲0.6% | $565,368▼26.8% | $575,077▼26.8% | 990 |
| 2012 | — | $205,762 | $772,356 | $785,380 | 990 |
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.
Frequently asked questions
- Is N Y S A - I L A Scholarship Fund a legitimate nonprofit?
- Yes. N Y S A - I L A Scholarship Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 13-6796362, based in Jersey City, New Jersey.
- What is N Y S A - I L A Scholarship Fund's EIN?
- N Y S A - I L A Scholarship Fund's Employer Identification Number (EIN) is 13-6796362.
- How much revenue does N Y S A - I L A Scholarship Fund report?
- N Y S A - I L A Scholarship Fund reported $225,000 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does N Y S A - I L A Scholarship Fund have?
- CharityIndex grades N Y S A - I L A Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for N Y S A - I L A Scholarship Fund (EIN 13-6796362) 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.