Civic Intelligence

Mceldowney Academic Scholarship Fund

EIN 20-0403104 • 501(c)3 • Altoona, PA

Profile

To operate for the advancement of education and for other charitable purposes, by the distribution of its funds for such purposes, and particularly for granting academic scholarships and recognizing academic excellence.

227 East 26th AvenueAltoona, PA 16601

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

83rd percentile

32%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

87th percentile

51%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$39,101

Up $13,173 (+51%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$39,101

Up $13,173 (+51%) from 2022

Revenue

Up

$40,906

Up $4,091 (+11%) from 2022

Expenses

Up

$27,733

Up $923 (+3.4%) from 2022

Net Income

Up

$13,173

Up $3,168 (+32%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2010: $26,166Liabilities 2010: $0Net Assets 2010: $26,1662010Assets 2011: $25,967Liabilities 2011: $0Net Assets 2011: $25,9672011Assets 2012: $21,687Liabilities 2012: $0Net Assets 2012: $21,6872012Assets 2013: $21,915Liabilities 2013: $0Net Assets 2013: $21,9152013Assets 2014: $23,755Liabilities 2014: $0Net Assets 2014: $23,7552014Assets 2015: $30,279Liabilities 2015: $0Net Assets 2015: $30,2792015Assets 2016: $23,138Liabilities 2016: $0Net Assets 2016: $23,1382016Assets 2017: $23,462Liabilities 2017: $0Net Assets 2017: $23,4622017Assets 2018: $24,835Liabilities 2018: $89Net Assets 2018: $24,7462018Assets 2019: $17,823Liabilities 2019: $0Net Assets 2019: $17,8232019Assets 2020: $17,078Liabilities 2020: $0Net Assets 2020: $17,0782020Assets 2021: $15,923Liabilities 2021: $0Net Assets 2021: $15,9232021Assets 2022: $25,928Liabilities 2022: $0Net Assets 2022: $25,9282022Assets 2023: $39,101Liabilities 2023: $0Net Assets 2023: $39,1012023

Highlighted filing

2023

Assets$39,101
Liabilities$0
Net Assets$39,101

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0-$20KExpenses 2010: $61,8092010Revenue 2011: $62,441Expenses 2011: $62,640Net Income 2011: -$1992011Expenses 2012: $67,2392012Revenue 2013: $60,306Expenses 2013: $60,078Net Income 2013: $2282013Revenue 2014: $62,879Expenses 2014: $61,039Net Income 2014: $1,8402014Revenue 2015: $69,433Expenses 2015: $62,909Net Income 2015: $6,5242015Revenue 2016: $36,358Expenses 2016: $43,499Net Income 2016: -$7,1412016Revenue 2017: $37,479Expenses 2017: $37,155Net Income 2017: $3242017Revenue 2018: $39,932Expenses 2018: $38,648Net Income 2018: $1,2842018Revenue 2019: $27,204Expenses 2019: $34,127Net Income 2019: -$6,9232019Revenue 2020: $25,240Expenses 2020: $25,985Net Income 2020: -$7452020Revenue 2021: $13,571Expenses 2021: $14,726Net Income 2021: -$1,1552021Revenue 2022: $36,815Expenses 2022: $26,810Net Income 2022: $10,0052022Revenue 2023: $40,906Expenses 2023: $27,733Net Income 2023: $13,1732023

Highlighted filing

2023

Revenue$40,906
Expenses$27,733
Net Income$13,173

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$39.1$0.00$39.1$40.9$27.7$13.2
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.9$0.00$25.9$36.8$26.8$10.0
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$0.00$15.9$13.6$14.7$1.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$0.00$17.1$25.2$26.0$0.75
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$0.00$17.8$27.2$34.1$6.92
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.8$0.09$24.7$39.9$38.6$1.28
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$0.00$23.5$37.5$37.2$0.32
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$0.00$23.1$36.4$43.5$7.14
2015Detailed filing. Detailed filing data is available for this year.$30.3$0.00$30.3$69.4$62.9$6.52
2014Detailed filing. Detailed filing data is available for this year.$23.8$0.00$23.8$62.9$61.0$1.84
2013Detailed filing. Detailed filing data is available for this year.$21.9$0.00$21.9$60.3$60.1$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$0.00$21.7$67.2
2011Summary only. Only limited summary data is available for this year.$26.0$0.00$26.0$62.4$62.6$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$0.00$26.2$61.8
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 2, 2022
Return Version
2021v4.1
Gross Receipts
$19,171
Mission and Program Overview

Mission

To operate for the advancement of education and for other charitable purposes, by the distribution of its funds for such purposes, and particularly for granting academic scholarships and recognizing academic excellence.

PROVIDE SCHOLARSHIPS

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,078$15,923▼ $1,155
Total Assets$17,078$15,923▼ $1,155
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,078$15,923▼ $1,155
Total Net Assets Fund Balance$17,078$15,923▼ $1,155
Total Liabilities and Net Assets / Fund Balance$17,078$15,923▼ $1,155
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$9,140
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$4,430
All Other Contributions
$3,595
Change in Net Assets
$-1,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$10,000
Other Expenses$4,726
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$10,000--$10,000
Fees for Services Accounting-$1,150-$1,150
Insurance-$788-$788
All Other Expenses-$336-$336
Other Expenses-$270-$270
Total Functional Expenses$10,000$4,726$0$14,726
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$10,030
Gaming Direct Expenses$3,650
Fundraising Direct Expenses$1,950
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Eileen mceldowney is the sister-in-law of david mceldowney. Michael mcdonough is eileen mceldowney's brother. Scott mceldowney and rick mceldowney are the step sons of eileen mceldowney. Colleen mceldowney is the step daughter of eileen mceldowney.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is given to sandra pritts, who is the treasurer of the mceldowney academic scholarship fund to review. If any changes need to be made, she contacts young, oakes, brown & company., p.c. To verify the changes.

Form 990, Part VI, Section C, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mceldowney Academic Scholarship Fund
EIN
20-0403104
Phone
8149436734
Address
227 EAST 26TH AVENUE, ALTOONA, PA 16601

Signing Officer

Name
Eileen Mceldowney
Title
Chairperson
Phone
8149350798
Signed
2022-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eileen Mceldowney
Formed
2004
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
0

Preparer

Firm
Young Oakes Brown & Company Pc
Address
1210 THIRTEENTH STREET, ALTOONA, PA 16601
Preparer
Daniel Bradley CPA
Phone
8149446191
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes since prior year.

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0935
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1835
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2412
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3270
IRS990/OtherExpensesGrp/TotalAmt0935
IRS990/OtherExpensesGrp/TotalAmt1835
IRS990/OtherExpensesGrp/TotalAmt2412
IRS990/OtherExpensesGrp/TotalAmt3270
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0EILEEN MCELDOWNEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014650
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt020800
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt05185
IRS990/PYOtherRevenueAmt010587
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-745
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt025985
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025240
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1155
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt057686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06380
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt018640
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt055796
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09280
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09454
IRS990ScheduleA/OtherIncome170Grp/TotalAmt099550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36680
IRS990ScheduleA/PublicSupportPY170Pct00.35600
IRS990ScheduleA/PublicSupportTotal170Amt057686
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08970
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057686
IRS990ScheduleA/TotalSupportAmt0157255
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt010000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0VARIOUS SCHOLARSHIPS TO VARIOUS INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE MCELDOWNEY ACADEMIC SCHOLARSHIP FUND REVIEWS ALL THE CRITERIA NEEDED FOR AN INDIVIDUAL TO RECEIVE A SCHOLARSHIP AND MAKES SURE THAT THE INDIVIDUAL QUALIFIES FOR THE SCHOLARSHIP BEFORE THE SCHOLARSHIP IS ISSUED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EILEEN MCELDOWNEY IS THE SISTER-IN-LAW OF DAVID MCELDOWNEY. MICHAEL MCDONOUGH IS EILEEN MCELDOWNEY'S BROTHER. SCOTT MCELDOWNEY AND RICK MCELDOWNEY ARE THE STEP SONS OF EILEEN MCELDOWNEY. COLLEEN MCELDOWNEY IS THE STEP DAUGHTER OF EILEEN MCELDOWNEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS GIVEN TO SANDRA PRITTS, WHO IS THE TREASURER OF THE MCELDOWNEY ACADEMIC SCHOLARSHIP FUND TO REVIEW. IF ANY CHANGES NEED TO BE MADE, SHE CONTACTS YOUNG, OAKES, BROWN & COMPANY., P.C. TO VERIFY THE CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES SINCE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017078
IRS990/TotalAssetsEOYAmt015923
IRS990/TotalAssetsGrp/BOYAmt017078
IRS990/TotalAssetsGrp/EOYAmt015923
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09140
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04726
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010000
IRS990/TotalFunctionalExpensesGrp/TotalAmt014726
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017078
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015923
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-1949
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06380
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt013571
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017078
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015923
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0227 EAST 26TH AVENUE
IRS990/USAddress/CityNm0ALTOONA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016601
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EILEEN MCELDOWNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum08149350798
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCELDOWNEY ACADEMIC SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0MCEL
ReturnHeader/Filer/EIN0200403104
ReturnHeader/Filer/PhoneNum08149436734
ReturnHeader/Filer/USAddress/AddressLine1Txt0227 EAST 26TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0ALTOONA

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