Education
(B72Z)
IRS Verified
DX Registered
990 on File
MICHIGAN EDUCATION ASSOCIATION SCHOLARSHIP FUND
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The outing raises funds for college scholarships for Michigan public school students who have demonstrated outstanding academic achievement and contributions to their community and school. The MEA Scholarship Fund has provided more than $893,000 in college scholarships since 1997. Last year, we received 426 applications for the MEA Scholarship. This event was able to raise more than $24,000 in 2023!
Financial Overview — FY 2025
$343K
Total Revenue
$85K
Total Expenses
$2.1M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.1%
Fundraising Efficiency
0.0%
Operating Reserve
301.87x
Liability-to-Asset
0.0%
Revenue Diversification
88.4%
Compared with Peers
FY 2025
Compared with 13,695 similar organizations
(United States, Education, under $100K in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.1% | 87.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.9% | 6.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 38.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
301.9 mo | 18.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.4% | 81.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
282.4% | 0.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.2% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
75.1% | 10.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $343K | $85K | $2.1M | 77.1% | 0 |
| 2024 | $90K | $87K | $2.0M | 70.2% | 0 |
| 2023 | $120K | $66K | $1.8M | 62.8% | 0 |
| 2022 | $93K | $76K | $1.7M | 68.1% | 0 |
| 2021 | $131K | $74K | N/A | — | 0 |
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