The Craig P Hutchinson Memorial Scholarship Foundation Inc
Only null% goes to programs Strong reserves
The Craig P Hutchinson Memorial Scholarship Foundation Inc is a 501(c)(3) organization based in Nashua, New Hampshire, registered in 2008, with $22,716 in FY2024 revenue. CharityIndex grades it C+.
138 Lake St, Nashua, NH, 03060 EIN 20-8923828 Since 2008
Revenue (FY2024)
$23K
▼ 0.3% vs prior year
Education median: $200K
Expenses (FY2024)
$26K
Net assets
$89K
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 The Craig P Hutchinson Memorial Scholarship 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 →
C+Financial health25% of the rating41 mo reserves · -14% 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 The Craig P Hutchinson Memorial Scholarship Foundation Inc: 41 mo reserves · -14% margin earns a C+ 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 The Craig P Hutchinson Memorial Scholarship 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 →
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 The Craig P Hutchinson Memorial Scholarship Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 138 Lake St, Nashua, NH, 03060
- City
- Nashua
- State
- New Hampshire
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $15K (FY2011) to $23K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
-14.5%
Spent more than it raised in the latest fiscal year.
Total assets
$89K
Net assets
$89K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $22,716▼0.3% | $26,000▲1796% | $89,018▼3.6% | $89,018▼3.6% | 990EZ |
| 2023 | $22,795▼5.9% | $1,371▼51.4% | $92,301▲30.2% | $92,301▲30.2% | 990EZ |
| 2022 | $24,228▼3.2% | $2,823▼50.0% | $70,878▲43.3% | $70,878▲43.3% | 990EZ |
| 2021 | $25,019▲53.6% | $5,650▼10.9% | $49,474▲64.3% | $49,474▲64.3% | 990EZ |
| 2020 | $16,287▲328% | $6,339▲0.7% | $30,105▲149% | $30,105▲149% | 990EZ |
| 2018 | $3,801▼22.3% | $6,296▼8.5% | $12,107▼17.1% | $12,107▼17.1% | 990EZ |
| 2017 | $4,895▲207% | $6,882▼47.7% | $14,603▼12.0% | $14,603▼12.0% | 990EZ |
| 2016 | $1,592▼46.1% | $13,163▲932% | $16,589▼41.1% | $16,589▼41.1% | 990EZ |
| 2015 | $2,955▼73.3% | $1,275▼88.5% | $28,160▲6.3% | $28,160▲6.3% | 990EZ |
| 2014 | $11,071▼24.0% | $11,125▲360% | $26,479▼0.2% | $26,479▼0.2% | 990EZ |
| 2013 | $14,562▼9.5% | $2,420▼84.0% | $26,534▲84.4% | $26,534▲84.4% | 990EZ |
| 2012 | $16,085▲4.3% | $15,125▲28.6% | $14,392▲7.2% | $14,392▲7.2% | 990EZ |
| 2011 | $15,428 | $11,762 | $13,431 | $13,431 | 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.
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Frequently asked questions
- Is The Craig P Hutchinson Memorial Scholarship Foundation Inc a legitimate nonprofit?
- Yes. The Craig P Hutchinson Memorial Scholarship Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-8923828, based in Nashua, New Hampshire. Donations are tax-deductible.
- What is The Craig P Hutchinson Memorial Scholarship Foundation Inc's EIN?
- The Craig P Hutchinson Memorial Scholarship Foundation Inc's Employer Identification Number (EIN) is 20-8923828.
- How much revenue does The Craig P Hutchinson Memorial Scholarship Foundation Inc report?
- The Craig P Hutchinson Memorial Scholarship Foundation Inc reported $22,716 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Craig P Hutchinson Memorial Scholarship Foundation Inc have?
- CharityIndex grades The Craig P Hutchinson Memorial Scholarship Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for The Craig P Hutchinson Memorial Scholarship Foundation Inc (EIN 20-8923828) 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.