Nonprofit screen
Screen a listMorehead-Cain 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)
$6.1Mrevenue
FY2025 · +8% in 3 yrs8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−28.7%
Months of reserve5.7mo
Revenue growth (annualized)+0.6%
Middle half of peersMedianMorehead-Cain Scholarship
Where the money goes FY2025 · $7.8M spent
Programs$7.8M100%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$651k in FY2024 and −$1.7M in FY2025. Cash covers 5.7 months, above the peer median of 3.9.
990 Part I and balance sheetIn its favor1
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI30funders
$659ka year, last 3 years
41%from its largest funder
Funder’17’18’19’20’21’22’23Dowd Foundation IncOn and off$200kSociable Weaver Foundation IncStopped after FY2022$4k$1k$1k$4k$10k$10k–The Windward FoundationNew in FY2023$20kThe Leon Levine FoundationStopped after FY2022$5k$5k$5k$5k–Make a Difference FundSince FY2021$5k$5k$5kThe Bank of America Charitable Foundation IncOn and off$3k$1k$1k$1kDonor-advised giftsDonors not disclosed$240k$206k$314k$518k$388k$766k$555k5 other fundersUp to $5k a year each$3k$600$1k$8k$1k
FundedThrough a donor-advised fundStopped