Scholarchips Inc.

990EZ • Fiscal year 2016 • EIN 46-3127898

Jul 01, 2015 to Jun 30, 2016

Organization Profile www.scholarchipsfund.org

Washington, DC

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

68%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

68%

Faster asset growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2016

76%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2016

Balance Sheet

Liabilities / Assets66th percentile

Assets

$117,735

Up $93,107 (+378%) from 2013

Net Assets

No earlier filing loaded for comparison.

Liabilities

$2,515

Up $2,515 from 2013

Revenue And Expenses

Liabilities / Revenue69th percentile Net Margin95th percentile

Revenue

$119,563

Up $97,774 (+449%) from 2013

Expenses

$37,946

Up $27,736 (+272%) from 2013

Net Income

$81,617

Up $70,038 (+605%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2016

Assets$117,735

Liabilities$2,515

Net Assets-

Open 2016 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2016

Revenue$119,563

Expenses$37,946

Net Income$81,617

Open 2016 Filing

Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

Jump To

Filing Snapshot

Filing Period: Jul 1, 2015 to Jun 30, 2016

Mission and Program Overview

Mission

Scholarchips provides college scholarships, mentoring and a peer support network to children of incarcerated parents, inspiring them to complete their college education.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $117,735
Liabilities: $2,515
Net assets: -
Revenue: $119,563
Expenses: $37,946
Net income: $81,617

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.60	$0.02	$2.58	$4.06	$5.45	$1.38
2023Detailed filing. Detailed filing data is available for this year.	$4.06	$0.09	$3.96	$2.61	$3.75	$1.14
2022Detailed filing. Detailed filing data is available for this year.	$5.14	$0.03	$5.11	$2.92	$2.75	$0.17
2021Detailed filing. Detailed filing data is available for this year.	$4.94	$0.00	$4.94	$4.90	$2.01	$2.89
2020Detailed filing. Detailed filing data is available for this year.	$2.05	$0.00	$2.05	$2.47	$2.18	$0.29
2019Detailed filing. Detailed filing data is available for this year.	$1.76		$1.76	$1.69	$1.44	$0.26
2018Detailed filing. Detailed filing data is available for this year.	$1.50		$1.50	$0.90	$1.04	$0.14
2017Summary only. Only limited summary data is available for this year.	$1.65	$0.01		$1.33	$0.85	$0.49
2016Summary only. Only limited summary data is available for this year.	$1.18	$0.03		$1.20	$0.38	$0.82
2013Summary only. Only limited summary data is available for this year.	$0.25	$0.00		$0.22	$0.10	$0.12