Operating Engineers Local Union No 3 Scholarship Foundation is a 501(c)(3) organization based in Concord, California, registered in 2001, with $530,383 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$530K
▼ 12.6% vs prior year
Education median: $200K
Expenses (FY2024)
$193K
Net assets
$4.3M
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 Operating Engineers Local Union No 3 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 Operating Engineers Local Union No 3 Scholarship Foundation: 265 mo reserves · +64% 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 Operating Engineers Local Union No 3 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 Operating Engineers Local Union No 3 Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $465K (FY2014) to $530K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
63.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $530,383▼12.6% | $192,704▼40.7% | $4,252,578▲6.6% | $4,252,578▲6.6% | 990 |
| 2023 | $606,632▲50.7% | $324,819▲141% | $3,988,603▲11.7% | $3,988,603▲11.7% | 990 |
| 2022 | $402,423▼22.9% | $135,038▼7.4% | $3,570,079▼6.0% | $3,570,079▼6.0% | 990 |
| 2021 | $521,855▲26.5% | $145,819▲30.6% | $3,796,550▲10.9% | $3,796,550▲10.9% | 990 |
| 2020 | $412,390▼35.6% | $111,637▼30.2% | $3,423,727▲9.6% | $3,423,727▲9.6% | 990 |
| 2019 | $640,372▲55.7% | $159,855▲31.3% | $3,122,974▲23.7% | $3,122,974▲23.7% | 990 |
| 2018 | $411,319▲86.9% | $121,721▲36.3% | $2,524,268▼5.3% | $2,524,268▼5.3% | 990 |
| 2017 | $220,123▼3.3% | $89,320▼6.3% | $2,665,565▲19.1% | $2,665,565▲19.1% | 990 |
| 2016 | $227,694▼11.6% | $95,322▼1.9% | $2,238,669▲10.5% | $2,238,669▲10.5% | 990 |
| 2015 | $257,676▼44.6% | $97,213▲24.9% | $2,025,278▲2.1% | $2,025,278▲2.1% | 990 |
| 2014 | $464,823 | $77,843 | $1,983,883 | $1,983,883 | 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.
1 grant to Operating Engineers Local Union No 3 Scholarship Foundation totaling $5,500, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delta Dental of California | Sponsorship | 2024 | $5,500 |
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Data for Operating Engineers Local Union No 3 Scholarship Foundation (EIN 94-3365632) 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.