Richard P Walsh Scholarship Fund
501(c)(9)
Only null% goes to programs Strong reserves
Richard P Walsh Scholarship Fund is a 501(c)(9) organization based in Latham, New York, registered in 1992, with $228,760 in FY2024 revenue. CharityIndex grades it B.
18 Avis Dr, Latham, NY, 12110 EIN 14-1686131 Since 1992
Revenue (FY2024)
$229K
▲ 2.5% vs prior year
Expenses (FY2024)
$115K
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 P Walsh 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 →
B+Financial health25% of the rating104 mo reserves · +50% 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 P Walsh Scholarship Fund: 104 mo reserves · +50% margin earns a B+ 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 P Walsh 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 →
CTransparency10% of the rating2 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 P Walsh Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $111K (FY2010) to $229K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.0M
Operating margin
49.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $228,760▲2.5% | $115,250▲5.5% | $1,000,029▲15.1% | $1,000,029▲15.1% | 990 |
| 2023 | $223,283▲4.1% | $109,250▲5.1% | $868,607▲17.6% | $868,607▲17.6% | 990 |
| 2022 | $214,509▲6.1% | $103,943▼3.9% | $738,781▲18.3% | $738,781▲18.3% | 990 |
| 2021 | $202,175▼5.9% | $108,150▼3.8% | $624,370▲4.9% | $624,370▲4.9% | 990 |
| 2020 | $214,787▲5.0% | $112,406▼17.5% | $595,096▲25.1% | $595,096▲25.1% | 990 |
| 2019 | $204,531▲0.3% | $136,211▼0.4% | $475,663▲22.1% | $475,663▲22.1% | 990 |
| 2018 | $203,863▲5.2% | $136,818▼12.9% | $389,491▲20.8% | $389,491▲20.8% | 990 |
| 2017 | $193,702▲17.4% | $157,050▼0.4% | $322,446▲12.8% | $322,446▲12.8% | 990 |
| 2016 | $165,009▲14.6% | $157,677▼9.6% | $285,794▲3.6% | $285,794▲3.6% | 990 |
| 2015 | $143,962▼5.9% | $174,378▲18.3% | $275,750▼10.2% | $275,750▼10.2% | 990 |
| 2014 | $152,934▲3.7% | $147,388▼17.3% | $307,144▼0.2% | $307,144▼0.2% | 990 |
| 2013 | $147,483▼7.7% | $178,252▲2.0% | $307,890▼5.3% | $307,890▼5.3% | 990 |
| 2012 | $159,747▲6.7% | $174,839▼3.2% | $324,953▼7.6% | $324,953▼7.6% | 990EZ |
| 2011 | $149,715▲34.4% | $180,678▲23.6% | $351,542▼8.1% | $351,542▼8.1% | 990EZ |
| 2010 | $111,364 | $146,232 | $382,505 | $382,505 | 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 P Walsh Scholarship Fund a legitimate nonprofit?
- Yes. Richard P Walsh Scholarship Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 14-1686131, based in Latham, New York.
- What is Richard P Walsh Scholarship Fund's EIN?
- Richard P Walsh Scholarship Fund's Employer Identification Number (EIN) is 14-1686131.
- How much revenue does Richard P Walsh Scholarship Fund report?
- Richard P Walsh Scholarship Fund reported $228,760 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard P Walsh Scholarship Fund have?
- CharityIndex grades Richard P Walsh Scholarship Fund B, based on financial health (reserves and operating margin).
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Data for Richard P Walsh Scholarship Fund (EIN 14-1686131) 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.