Richard P Notari Sr Scholarship Fund is a 501(c)(3) organization based in Old Forge, Pennsylvania, registered in 2013, with $65,680 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$66K
▲ 10.5% vs prior year
Education median: $200K
Expenses (FY2024)
$49K
Net assets
$149K
Employees
—
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 →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 P Notari Sr 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 Richard P Notari Sr Scholarship Fund: 36 mo reserves · +25% margin earns a A 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 Richard P Notari Sr 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 Richard P Notari Sr Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $48K (FY2014) to $66K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
25.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$149K
Total liabilities
$0
Net assets
$149K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,680▲10.5% | $49,185▲8.0% | $148,750▲12.5% | $148,750▲12.5% | 990PF |
| 2023 | $59,425▼6.8% | $45,561▼16.9% | $132,255▲11.7% | $132,255▲11.7% | 990PF |
| 2022 | $63,788▼6.3% | $54,853▲10.8% | $118,391▲8.2% | $118,391▲8.2% | 990PF |
| 2021 | $68,098▲35.8% | $49,512▲23.8% | $109,456▲20.5% | $109,456▲20.5% | 990PF |
| 2020 | $50,154▼7.0% | $40,005▼6.5% | $90,870▲12.6% | $90,870▲12.6% | 990PF |
| 2019 | $53,910▲1.9% | $42,765▲7.2% | $80,721▲16.0% | $80,721▲16.0% | 990PF |
| 2018 | $52,916▲9.0% | $39,891▼0.7% | $69,576▲23.0% | $69,576▲23.0% | 990PF |
| 2017 | $48,547▲4.8% | $40,184▼1.2% | $56,551▲17.4% | $56,551▲17.4% | 990PF |
| 2016 | $46,304▲5.0% | $40,667▲19.6% | $48,188▲13.2% | $48,188▲13.2% | 990PF |
| 2015 | $44,093▼8.4% | $34,012▼17.6% | $42,551▲31.0% | $42,551▲31.0% | 990PF |
| 2014 | $48,137 | $41,271 | $32,470 | $32,470 | 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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Data for Richard P Notari Sr Scholarship Fund (EIN 45-2518410) 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.