Verner W Hanson Endowement Scholarship is a 501(c)(3) organization based in Johnstown, Pennsylvania, registered in 2005, with $65,900 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$66K
▲ 54.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$64K
Net assets
$731K
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 Verner W Hanson Endowement 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 Verner W Hanson Endowement Scholarship: 138 mo reserves · +4% 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 Verner W Hanson Endowement 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 Verner W Hanson Endowement Scholarship: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $31K (FY2013) to $66K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$731K
Total liabilities
$0
Net assets
$731K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,900▲54.1% | $63,552▲27.2% | $731,083▲0.4% | $731,083▲0.4% | 990PF |
| 2023 | $42,758▼29.7% | $49,971▼14.0% | $727,912▼1.0% | $727,912▼1.0% | 990PF |
| 2022 | $60,804▼64.1% | $58,100▲39.2% | $735,230▲0.2% | $735,230▲0.2% | 990PF |
| 2021 | $169,176▲69.0% | $41,744▲15.8% | $733,848▲21.1% | $733,848▲21.1% | 990PF |
| 2020 | $100,095▲119% | $36,042▼13.7% | $606,235▲11.8% | $606,235▲11.8% | 990PF |
| 2019 | $45,689▲19.8% | $41,768 | $542,391▲0.8% | $542,391▲0.8% | 990PF |
| 2018 | $38,144▼30.4% | $41,753▼40.8% | $537,966▼0.7% | $537,966▼0.7% | 990PF |
| 2017 | $54,806▲183% | $70,565▲74.5% | $541,527▼2.7% | $541,527▼2.7% | 990PF |
| 2016 | $19,332▼56.9% | $40,446▲45.1% | $556,747▼3.7% | $556,747▼3.7% | 990PF |
| 2015 | $44,847▲3.5% | $27,870▼29.4% | $578,412▲3.0% | $578,412▲3.0% | 990PF |
| 2014 | $43,321▲41.1% | $39,474▲36.0% | $561,640▲0.6% | $561,640▲0.6% | 990PF |
| 2013 | $30,702 | $29,019▼13.5% | $558,128▲1.8% | $558,128▲1.8% | 990PF |
| 2012 | — | $33,564▲1.2% | $548,416▲1.1% | $548,416▲1.1% | 990PF |
| 2011 | — | $33,178 | $542,432 | $542,432 | 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.
Explore more
Data for Verner W Hanson Endowement Scholarship (EIN 05-0626648) 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.