Nonprofit screen
Screen a listLoa Scholarship Fund
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 nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$90krevenue
FY2023 · −90% in 3 yrs4 of 4years filed
’20’21’22’23
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2023
Operating margin−133.8%
Revenue growth (annualized)−53.6%
Middle half of peersMedianLoa Scholarship
Worth checking2
Its largest funder stopped after FY2021
The Gift of Hope Foundation Inc gave about $672k a year for three years, 31% of revenue in FY2021.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$59k in FY2022 and −$120k in FY2023. Cash covers 6.4 months.
990 Part I and balance sheetIn its favor
None found in the filings.
8funders
$158ka year, last 3 years
88%from its largest funder
Funder’19’20’21’22’23The Gift of Hope Foundation IncStopped after FY2021$400k$1.2M$415k–Harry a and Margaret D Towsley FoundationOn and off$5k$25kJohn & Mildred Holmes Family FoundationOn and off$20kDonor-advised giftsDonors not disclosed$30k$6k$131$7k$34
FundedThrough a donor-advised fundStopped