Richard M Scrushy Charitable Foundation Inc
Only null% goes to programs Strong reserves
Richard M Scrushy Charitable Foundation Inc is a 501(c)(3) organization based in Hoover, Alabama, registered in 1998, with $99,673 in FY2024 revenue. CharityIndex grades it C+.
668 Preserve Way, Hoover, AL, 35226 EIN 72-1374013 Since 1998
Revenue (FY2024)
$100K
▲ 164.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$98K
Net assets
$445K
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 Richard M Scrushy Charitable Foundation Inc— 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 rating55 mo reserves · +2% 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 M Scrushy Charitable Foundation Inc: 55 mo reserves · +2% 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 Richard M Scrushy Charitable Foundation 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 M Scrushy Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 668 Preserve Way, Hoover, AL, 35226
- City
- Hoover
- State
- Alabama
- Subcategory
- Public Foundations
Financial trends
Revenue grew from -$679K (FY2013) to $100K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $445K
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$445K
Total liabilities
$0
Net assets
$445K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $99,673▲165% | $97,772▲10.4% | $445,130▲0.4% | $445,130▲0.4% | 990PF |
| 2023 | -$154,491▼9063% | $88,538▼40.3% | $443,229▼32.8% | $443,229▼32.8% | 990PF |
| 2022 | -$1,686▲98.1% | $148,276▲7.4% | $659,286▼18.5% | $659,286▼18.5% | 990PF |
| 2021 | -$87,425▼205% | $138,105▲11.2% | $809,248▼21.8% | $809,248▼21.8% | 990PF |
| 2020 | $83,273▲21.6% | $124,248▼27.0% | $1,034,778▼3.8% | $1,034,778▼3.8% | 990PF |
| 2019 | $68,500▲250% | $170,194▲89.1% | $1,075,753▼8.6% | $1,075,753▼8.6% | 990PF |
| 2018 | -$45,553▲67.4% | $90,004▼38.6% | $1,177,447▼10.3% | $1,177,447▼10.3% | 990PF |
| 2017 | -$139,765▼339% | $146,574▲39.4% | $1,313,004▼2.4% | $1,313,004▼2.4% | 990PF |
| 2014 | $58,357▲109% | $105,184▼94.3% | $1,345,865▼3.4% | $1,345,865▼3.4% | 990PF |
| 2013 | -$678,951 | $1,831,900▲303% | $1,392,692▼64.3% | $1,392,692▼64.3% | 990PF |
| 2012 | — | $454,477▲0.2% | $3,903,543▼6.4% | $3,903,543▼6.4% | 990PF |
| 2011 | — | $453,436 | $4,170,635 | $4,170,635 | 990PF |
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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Frequently asked questions
- Is Richard M Scrushy Charitable Foundation Inc a legitimate nonprofit?
- Yes. Richard M Scrushy Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1374013, based in Hoover, Alabama. Donations are tax-deductible.
- What is Richard M Scrushy Charitable Foundation Inc's EIN?
- Richard M Scrushy Charitable Foundation Inc's Employer Identification Number (EIN) is 72-1374013.
- How much revenue does Richard M Scrushy Charitable Foundation Inc report?
- Richard M Scrushy Charitable Foundation Inc reported $99,673 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard M Scrushy Charitable Foundation Inc have?
- CharityIndex grades Richard M Scrushy Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Richard M Scrushy Charitable Foundation Inc (EIN 72-1374013) 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.