Shaun P Scully Scholarship Fund Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Shaun P Scully Scholarship Fund Inc is a 501(c)(3) organization based in Wilmington, Massachusetts, registered in 1991, with $10,481 in FY2024 revenue. CharityIndex grades it C+.
314 Main Street, Wilmington, MA, 01887 EIN 04-2880378 Since 1991
Revenue (FY2024)
$10K
▲ 5.2% vs prior year
Expenses (FY2024)
$5,163
Net assets
$135K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Shaun P Scully 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 →
B+Financial health25% of the rating313 mo reserves · +51% 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 Shaun P Scully Scholarship Fund Inc: 313 mo reserves · +51% 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 Shaun P Scully 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 Shaun P Scully Scholarship Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 314 Main Street, Wilmington, MA, 01887
- City
- Wilmington
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $6,718 (FY2013) to $10K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $135K
Operating margin
50.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$135K
Total liabilities
$0
Net assets
$135K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,481▲5.2% | $5,163▼0.1% | $134,553▲4.1% | $134,553▲4.1% | 990PF |
| 2023 | $9,960▼3.7% | $5,168▲29.3% | $129,235▲3.9% | $129,235▲3.9% | 990PF |
| 2022 | $10,338▼37.6% | $3,996▲85.3% | $124,443▲5.4% | $124,443▲5.4% | 990PF |
| 2021 | $16,570▲72.0% | $2,157▲0.6% | $118,101▲13.9% | $118,101▲13.9% | 990PF |
| 2020 | $9,631▲44.1% | $2,145▼3.9% | $103,688▲7.8% | $103,688▲7.8% | 990PF |
| 2019 | $6,683▼40.3% | $2,232▲2.0% | $96,202▲4.9% | $96,202▲4.9% | 990PF |
| 2018 | $11,189▲26.6% | $2,188▲4.2% | $91,751▲10.9% | $91,751▲10.9% | 990PF |
| 2017 | $8,840▲100.0% | $2,100▼2.6% | $82,750▲8.9% | $82,750▲8.9% | 990PF |
| 2016 | $4,421▼41.2% | $2,157▼2.6% | $76,010▲3.1% | $76,010▲3.1% | 990PF |
| 2015 | $7,515▼13.8% | $2,214▲3.7% | $73,746▲7.7% | $73,746▲7.7% | 990PF |
| 2014 | $8,722▲29.8% | $2,134▲3.7% | $68,445▲10.7% | $68,445▲10.7% | 990PF |
| 2013 | $6,718 | $2,058▼0.4% | $61,857▲8.1% | $61,857▲8.1% | 990PF |
| 2012 | — | $2,066▼1.1% | $57,197▲0.1% | $57,197▲0.1% | 990PF |
| 2011 | — | $2,090▲1.0% | $57,141▲21.3% | $57,141▲21.3% | 990PF |
| 2010 | — | $2,069 | $47,091 | $47,091 | 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.
Frequently asked questions
- Is Shaun P Scully Scholarship Fund Inc a legitimate nonprofit?
- Yes. Shaun P Scully Scholarship Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2880378, based in Wilmington, Massachusetts. Donations are tax-deductible.
- What is Shaun P Scully Scholarship Fund Inc's EIN?
- Shaun P Scully Scholarship Fund Inc's Employer Identification Number (EIN) is 04-2880378.
- How much revenue does Shaun P Scully Scholarship Fund Inc report?
- Shaun P Scully Scholarship Fund Inc reported $10,481 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Shaun P Scully Scholarship Fund Inc have?
- CharityIndex grades Shaun P Scully Scholarship Fund Inc C+, based on financial health (reserves and operating margin).
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Data for Shaun P Scully Scholarship Fund Inc (EIN 04-2880378) 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.