Indiana · Nonprofit
STUDENT FINANCIAL AID ASSOCIATION
STUDENT FINANCIAL AID ASSOCIATION (Indiana) receives grants from 2 organizations whose IRS filings report $123,973 to it, the largest being COMMUNITY FOUNDATION ALLIANCE INC ($109,973). 1 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $108k
- Funders on record
- 2
- Grants received
- $124k
- Net assets
- $687k
What Student Financial Aid Association does
Mission
To provide scholarships to college and trade school students who have high unmet financial needs beyond other scholarships, grants, and loans. Based on academic achievement in high school, college or trade school, and sat or act test scores, without regard to sex, race, religion, or national origin. Areas of emphasis are: teaching, music, sciences, nursing and building trades.
As stated on its FY2024 Form 990.
Program
Provide scholarship awards to college and trade school students.
$60,304 spentof which $54,912 as grants100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $60,304.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $518k to $660k (+28%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
30% of STUDENT FINANCIAL AID ASSOCIATION’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base held at 1 funder, grant income rose $10k → $17k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 89% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of STUDENT FINANCIAL AID ASSOCIATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
STUDENT FINANCIAL AID ASSOCIATION leans on a few funders — its largest provides 89% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund STUDENT FINANCIAL AID ASSOCIATION.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 56% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
89% of STUDENT FINANCIAL AID ASSOCIATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $14k that is directly attributable, 100% of it comes from Indiana funders.
Funder states come from each funder’s own filing. $110k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
STUDENT FINANCIAL AID ASSOCIATION holds deeper cash reserves than three-quarters of the 22,812 education nonprofits its size.
this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024
Organizations like STUDENT FINANCIAL AID ASSOCIATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
85%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for STUDENT FINANCIAL AID ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds STUDENT FINANCIAL AID ASSOCIATION?
- STUDENT FINANCIAL AID ASSOCIATION (Indiana) receives grants from 2 organizations whose IRS filings report $123,973 to it, the largest being COMMUNITY FOUNDATION ALLIANCE INC ($109,973). 1 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does STUDENT FINANCIAL AID ASSOCIATION have?
- IRS filings report 2 organizations giving $123,973 in grants to STUDENT FINANCIAL AID ASSOCIATION, 1 of which have funded it in more than one year.
- Who is the largest funder of STUDENT FINANCIAL AID ASSOCIATION?
- COMMUNITY FOUNDATION ALLIANCE INC is the largest funder on record, with $109,973 in grants. The full list of funders is on this page.
- How can an organization like STUDENT FINANCIAL AID ASSOCIATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Student Financial Aid Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing