Trs O Leary Heffernan Scholarship is a 501(c)(3) organization based in Kendall Park, New Jersey, registered in 2010, with $10,063 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$10K
▲ 0.0% vs prior year
Education median: $200K
Expenses (FY2024)
$5,063
Net assets
$22K
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 Trs O Leary Heffernan Scholarship— 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 Trs O Leary Heffernan Scholarship: 52 mo reserves · +50% 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 Trs O Leary Heffernan Scholarship— 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 Trs O Leary Heffernan Scholarship: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $80 (FY2017) to $10K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
49.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$22K
Net assets
$22K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,063 | $5,063▼16.5% | $22,026▲29.4% | $22,026▲29.4% | 990EZ |
| 2023 | $10,063▲98.8% | $6,063▲194% | $17,026▲30.7% | $17,026▲30.7% | 990EZ |
| 2022 | $5,063▲9105% | $2,063▲0.4% | $13,026▲29.9% | $13,026▲29.9% | 990EZ |
| 2021 | $55▼12.7% | $2,055▼0.4% | $10,026▼16.6% | $10,026▼16.6% | 990EZ |
| 2020 | $63▼98.8% | $2,063▲0.3% | $12,026▼14.3% | $12,026▼14.3% | 990EZ |
| 2019 | $5,057▲699% | $2,057 | $14,026▲27.2% | $14,026▲27.2% | 990EZ |
| 2018 | $633▲691% | $2,058▼1.1% | $11,026▼11.4% | $11,026▼11.4% | 990EZ |
| 2017 | $80 | $2,080 | $12,451 | $12,451 | 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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Data for Trs O Leary Heffernan Scholarship (EIN 27-3158327) 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.