Patrick J Dipaolo Memorial Scholarship Fund is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 2014, with $42,177 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$42K
▲ 31.1% vs prior year
Education median: $200K
Expenses (FY2024)
$15K
Net assets
$298K
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 Patrick J Dipaolo Memorial 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 →
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 Patrick J Dipaolo Memorial Scholarship Fund: 233 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 Patrick J Dipaolo Memorial 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 →
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 Patrick J Dipaolo Memorial Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $45K (FY2014) to $42K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
63.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$298K
Total liabilities
$0
Net assets
$298K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,177▲31.1% | $15,376▲10.7% | $298,021▲9.9% | $298,021▲9.9% | 990 |
| 2023 | $32,162▲25.2% | $13,887▲10.9% | $271,211▲7.3% | $271,211▲7.3% | 990EZ |
| 2022 | $25,684▲16.2% | $12,523▼10.4% | $252,748▲2.3% | $252,748▲2.3% | 990EZ |
| 2021 | $22,109▼15.4% | $13,982▲60.0% | $247,055▲6.6% | $247,055▲6.6% | 990EZ |
| 2020 | $26,138▼46.0% | $8,740▼47.3% | $231,730▲8.1% | $231,730▲5.7% | 990EZ |
| 2019 | $48,375▲65.7% | $16,570▲20.5% | $214,334▲17.4% | $219,334▲16.6% | 990EZ |
| 2018 | $29,196▼30.8% | $13,748▲13.2% | $182,529▲9.2% | $188,029▲12.5% | 990EZ |
| 2017 | $42,162▲10.4% | $12,145▲14.4% | $167,080▲21.9% | $167,080▲20.8% | 990EZ |
| 2016 | $38,204▼20.5% | $10,613▲61.0% | $137,065▲25.2% | $138,315▲26.3% | 990EZ |
| 2015 | $48,075▲6.9% | $6,590▲675% | $109,474▲61.0% | $109,474▲61.0% | 990EZ |
| 2014 | $44,951 | $850 | $67,989 | $67,989 | 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 Patrick J Dipaolo Memorial Scholarship Fund (EIN 46-3558745) 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.