Richard E Vandervoort Memorial Scholarship Fund Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Richard E Vandervoort Memorial Scholarship Fund Inc is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1990, with $35,218 in FY2024 revenue. CharityIndex grades it F.
2200 Century Pkwy Ne Ste 950, Atlanta, GA, 30345 EIN 58-1881961 Since 1990
Revenue (FY2024)
$35K
▼ 73.7% vs prior year
Expenses (FY2024)
$174K
Net assets
$624K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Richard E Vandervoort Memorial Scholarship Fund Inc— 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 rating43 mo reserves · -393% 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 Richard E Vandervoort Memorial Scholarship Fund Inc: 43 mo reserves · -393% 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 Richard E Vandervoort Memorial Scholarship Fund Inc— 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 Richard E Vandervoort Memorial Scholarship Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $63K (FY2010) to $35K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $624K
Operating margin
-393.0%
Spent more than it raised in the latest fiscal year.
Total assets
$624K
Total liabilities
$0
Net assets
$624K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,218▼73.7% | $173,631▲10.9% | $624,447▼12.1% | $624,447▼12.1% | 990 |
| 2023 | $133,737▲25.4% | $156,582▲121% | $710,773▲7.6% | $710,773▲7.6% | 990 |
| 2022 | $106,654▼4.7% | $70,883▲18.3% | $660,853▼17.8% | $660,853▼17.8% | 990 |
| 2021 | $111,865▲410% | $59,941▼18.8% | $804,102▲10.6% | $804,102▲10.6% | 990 |
| 2020 | $21,954▼87.1% | $73,844▼21.3% | $726,816▲9.4% | $726,816▲9.4% | 990 |
| 2019 | $170,200▲21.7% | $93,842▲58.5% | $664,257▲13.1% | $664,257▲13.1% | 990 |
| 2018 | $139,842▲20.2% | $59,216▼66.5% | $587,112▲15.9% | $587,112▲15.9% | 990 |
| 2017 | $116,330▲4.6% | $176,803▲216% | $506,486▼10.7% | $506,486▼10.7% | 990 |
| 2016 | $111,202▼8.6% | $55,903▲15.6% | $566,959▲10.8% | $566,959▲10.8% | 990 |
| 2015 | $121,691▲24.3% | $48,354▼15.5% | $511,660▲16.7% | $511,660▲16.7% | 990 |
| 2014 | $97,878▲46.7% | $57,232▲117% | $438,323▲10.2% | $438,323▲10.2% | 990EZ |
| 2013 | $66,723▼9.5% | $26,391▼54.9% | $397,677▲5.0% | $397,677▲5.0% | 990EZ |
| 2012 | $73,712▲14.3% | $58,540▲78.6% | $378,597▲12.6% | $378,597▲12.6% | 990EZ |
| 2011 | $64,462▲3.1% | $32,768▼21.9% | $336,338▲9.4% | $336,338▲9.4% | 990EZ |
| 2010 | $62,517 | $41,965 | $307,578 | $307,578 | 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.
Frequently asked questions
- Is Richard E Vandervoort Memorial Scholarship Fund Inc a legitimate nonprofit?
- Yes. Richard E Vandervoort Memorial Scholarship Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1881961, based in Atlanta, Georgia. Donations are tax-deductible.
- What is Richard E Vandervoort Memorial Scholarship Fund Inc's EIN?
- Richard E Vandervoort Memorial Scholarship Fund Inc's Employer Identification Number (EIN) is 58-1881961.
- How much revenue does Richard E Vandervoort Memorial Scholarship Fund Inc report?
- Richard E Vandervoort Memorial Scholarship Fund Inc reported $35,218 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard E Vandervoort Memorial Scholarship Fund Inc have?
- CharityIndex grades Richard E Vandervoort Memorial Scholarship Fund Inc F, based on financial health (reserves and operating margin).
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Data for Richard E Vandervoort Memorial Scholarship Fund Inc (EIN 58-1881961) 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.