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Scholarscripts INC EIN 82-4361554

Scholarscripts INC

EIN  82-4361554 Public foundation / grantmaker Collinsville, CT
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Size
<$100K
What they do
A public foundation based in Collinsville, CT. It reported about $5K in revenue for 2025.
Leadership
Michael Waterbury · President, Director
Money in and out
$5K revenue, $27K expenses
Bottom line
24.9mo operating runway

A public foundation based in Collinsville, CT. It reported about $5K in revenue for 2025. For fiscal year 2025 it reported $5K in revenue, $27K in expenses, and $39K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$5K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$39K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Operating runway
24.9mo
months of highly liquid reserves at operating expense rate▲ +13% vs prior filing year
Surplus margin
-438%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$5K
FY2025
Total revenue
$5K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$39K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$56K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CScholarscripts INC
EINHdr · item D82-4361554
Principal addressHdr · item CCollinsville, CT
WebsiteHdr · item Jscholarscripts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T12)
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Michael Waterbury
President, Director
$0Pt VII · Sec A
Colleen Waterbury
Secretary, Director
$0Pt VII · Sec A
$0Pt VII · Sec A
James Harper
Treasurer, Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue100%$5K
Total revenueLn 12$5K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$56K
Total liabilitiesLn 26$17K
Total net assetsLn 32$39K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $56K · Operating expenses/yr $27K
24.9 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $5K
100%
Government reliance
not reported
Earned-income share
Program service revenue $0 · Total revenue $5K
0%
Investment reliance
Investment income $0 · Total revenue $5K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $27K
0%
Growth & trend
Revenue growth (YoY)
This year $5K · Prior year $0
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $39K · Beginning of year $61K
-36%
Balance sheet
Surplus Margin
Revenue $5K · Expenses $27K
-438%
Liabilities-to-Assets
Total liabilities $17K · Total assets $56K
30%
Net-asset ratio
Net assets $39K · Total assets $56K
70%
People & payroll
Highest Reported Total Compensation
Individual Michael Waterbury · Reported title President, Director · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries & benefits $0 · Total expenses $27K
0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Grants

Schedule I · funders on record
Grants received · FY2023
Amazonsmile FoundationFY2023$68
Total grants receivedfrom 1 funder$68

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5K revenue · viewing · ⤓ 990 PDF
FY2024$0 revenue · ⤓ 990 PDF
FY2023$1K revenue · ⤓ 990 PDF
FY2022$3K revenue · ⤓ 990 PDF
FY2021$18K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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