Nonprofit screen
Screen a listA Pay It Forward Scholarship Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.4Mrevenue
FY2024 · +54% in 3 yrs2staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.7%
Months of reserve3.7mo
Revenue growth (annualized)+9.7%
Middle half of peersMedianA Pay It Forward Scholarship
Where the money goes FY2024 · $1.4M spent
Programs$1.3M91%Management and general$81k6%Fundraising$52k4%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$43k in FY2022 and −$9k in FY2024. Cash covers 3.7 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor2
Strong governance
4 of 4 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort6funders
$12ka year, last 3 years
86%from its largest funder
Funder’19’20’21’22’23The Bank of America Charitable Foundation IncOn and off$5k$4kMcKesson Foundation IncOn and off$1kAssurant FoundationNew in FY2023$1kDonor-advised giftsDonors not disclosed$12k$7k$10k$13k
FundedThrough a donor-advised fund