Scholarship Fund Grand Lodge Af & Am of Virginia is a 501(c)(3) organization based in Richmond, Virginia, registered in 1980, with $151,356 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$151K
▼ 18.1% vs prior year
Expenses (FY2024)
$81K
Net assets
$2.6M
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 Scholarship Fund Grand Lodge Af & Am of Virginia— 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 Scholarship Fund Grand Lodge Af & Am of Virginia: 384 mo reserves · +47% 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 Scholarship Fund Grand Lodge Af & Am of Virginia— 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 Scholarship Fund Grand Lodge Af & Am of Virginia: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $60K (FY2013) to $151K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
46.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.6M
Total liabilities
$46
Net assets
$2.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,356▼18.1% | $80,902▼2.8% | $2,586,962▲10.4% | $2,587,008▲10.4% | 990 |
| 2023 | $184,779▲50.2% | $83,240▼2.8% | $2,342,784▲3.4% | $2,342,784▲3.4% | 990 |
| 2022 | $122,983▼87.4% | $85,650▲12.5% | $2,265,122▼9.0% | $2,265,122▼9.0% | 990 |
| 2021 | $979,793▲977% | $76,154▲8.2% | $2,490,217▲34.9% | $2,490,217▲34.9% | 990 |
| 2020 | $90,988▼82.7% | $70,351▼2.3% | $1,846,043▲12.4% | $1,846,043▲12.4% | 990 |
| 2019 | $525,065▲316% | $72,023▼4.2% | $1,642,682▲59.9% | $1,642,682▲59.7% | 990 |
| 2018 | $126,169▲10.1% | $75,163▲18.8% | $1,027,022▼10.5% | $1,028,301▼10.5% | 990 |
| 2017 | $114,633▼55.9% | $63,290▼2.8% | $1,147,613▲14.2% | $1,148,773▲14.2% | 990 |
| 2016 | $259,858▲1827% | $65,087▼6.4% | $1,005,024▲33.4% | $1,006,195▲28.8% | 990 |
| 2015 | -$15,049▼124% | $69,564▲13.0% | $753,262▼10.6% | $781,279▼7.4% | 990 |
| 2014 | $62,463▲4.1% | $61,585▼4.8% | $842,774▲1.2% | $843,958▲1.0% | 990 |
| 2013 | $60,028 | $64,702▲4.4% | $832,531▲0.6% | $835,470▲0.8% | 990 |
| 2012 | — | $61,958▼2.6% | $827,693▲5.0% | $828,695▲5.0% | 990 |
| 2011 | — | $63,615▲21.8% | $788,115▼1.9% | $789,162▼2.0% | 990 |
| 2010 | — | $52,230 | $803,775 | $804,913 | 990 |
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 Scholarship Fund Grand Lodge Af & Am of Virginia (EIN 54-1103127) 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.