Promote education through scholarships based upon academic achievement.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $9K a year · 20% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
90 mo
of spending, in cash
Looks good: 90.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $32
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.7% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$40K
-0.6% vs prior year
Spent
$52K
To programs
85%
Net assets
$400K
By yearFY2020–FY2022
Revenue
$40K
FY2022▼ -0.6%
Tap a bar for its year
Revenue by fiscal year
FY2020$54K
FY2021$40K
FY2022$40K
Expenses
$52K
FY2022▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$53K
FY2021$56K
FY2022$52K
Net assets
$400K
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$429K
FY2021$413K
FY2022$400K

From the FY2022 Form 990 (year ending August 2022) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022. IRS ruling in Jan 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $44K Management & general 15% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Adra Scholarship Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Awards scholarships for academic achievement to promote education.

Questions for Adra Scholarship Foundation

Tap to ask. Adra Scholarship Foundation sees how many people are interested.

Your first name shows with your question. Adra Scholarship Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $44K · in their own filed words · FY2021
01

Awarding of education scholarships annually to students who are family members of individuals employed by a company with current membership in the automotive recyclers association.

$44Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$32
Grants paid · 2 grants · $83K · 2020–2021
Unitemized GrantFY2021$39,000
Unitemized GrantFY2020$44,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$40K
Ln 12
Gifts and grantsLn 1h$30K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Money outPt IX
$52K
Ln 25
Programscol B$44K
Managementcol C$8K
Owns and owesPt X
$400K
net assets · Ln 32
Cash and savingsLn 1–2$393K
Total assetsLn 16$403K
LiabilitiesLn 26$3K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$30K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Total revenueLn 12$40K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$390K
Cash and savings togetherLn 1–2$393K
Total assetsLn 16$403K
LiabilitiesLn 26$3K
Net assetsLn 32$400K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$418K$393K
Total assetsLn 16$418K$403K
LiabilitiesLn 26$6K$3K
Net assetsLn 32$413K$400K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$39K$39K
Legal feesLn 11b$411$411
Accounting feesLn 11c$2K$2K
Office expensesLn 13$415$415
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$9K$5K$4K
All other expensesLn 24e$25$25
Total functional expensesLn 25$52K$44K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest Viewing $40K$52K−$12K$400K 990 PDF
FY2021 $40K$56K−$16K$413K 990 PDF
FY2020 $54K$53K$1K$429K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $39,877 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $32,829$30,152
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,275$5,055
I-11 Other revenuePrior year $0$4,670
I-12 Total revenuePrior year $40,104$39,877
I-13 Grants and similar amounts paidPrior year $44,000$39,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $12,469$13,241
I-18 Total expensesPrior year $56,469$52,241
I-19 Revenue less expensesPrior year −$16,365−$12,364
Part VI · Governance 10 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $39,877 across 5 lines filed
VIII-1f All other contributions, gifts and grants$30,152
VIII-1h Total contributions, gifts and grants$30,152
VIII-3 Investment incomeExcluded from tax $5,055$5,055
VIII-8 Net income from fundraising eventsExcluded from tax $4,670$4,670
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $9,725$39,877
Part IX · Statement of functional expenses $52,241 across 7 lines filed
IX-2 Grants to domestic individualsPrograms $39,000$39,000
IX-11b Legal feesManagement $411$411
IX-11c Accounting feesManagement $1,955$1,955
IX-13 Office expensesManagement $415$415
IX-23 InsuranceManagement $1,160$1,160
IX-24 Other expenses (24a–d)Programs $5,250 · Management $4,025$9,275
IX-24e All other expensesManagement $25$25
IX-25 Total functional expensesPrograms $44,250 · Management $7,991 · Fundraising $0$52,241
Part X · Balance sheet $403,147 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $32,608$2,650
X-2 Savings and temporary cash investmentsStart of year $385,412$390,292
X-4 Accounts receivable$10,205
X-16 Total assetsStart of year $418,020$403,147
X-17 Accounts payable and accrued expensesStart of year $5,500$3,000
X-25 Other liabilitiesStart of year $9$0
X-26 Total liabilitiesStart of year $5,509$3,000
X-27 Net assets without donor restrictionsStart of year $412,511$400,147
X-32 Total net assets or fund balancesStart of year $412,511$400,147
X-33 Total liabilities and net assetsStart of year $418,020$403,147
Part XI · Reconciliation of net assets $400,147 net assets at year end
XI-1 Total revenue$39,877
XI-2 Total expenses$52,241
XI-3 Revenue less expenses−$12,364
XI-4 Net assets at start of year$412,511
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$400,147

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.