Oceanside, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIRST MARINE DIVISION ASSOCIATIONSCHOLARSHIP FUND INC, founded in 2008, is a small nonprofit in the Education sector that reported $143K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $47K, a strong 33% operating margin.
To foster 1st Marine Division patriotism and education. Education is fostered through the approval of college scholarships for qualified university students who meet the qualifications of The Fund.
The Fund awarded college scholarships to thirty two (32) qualified university students in 2024 who are the sons and daughters of Marines who served in or in support of the 1st Marine Division and who...
The Fund awarded college scholarships to thirty two (32) qualified university students in 2024 who are the sons and daughters of Marines who served in or in support of the 1st Marine Division and who are 100% disabled or deceased. Eighteen (18) scholarships were awarded in 2023 and nineteen (19) were awarded in 2022.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $143,144 | $121,215 | +0.2% |
| Expenses | $95,994 | $52,736 | +0.8% |
| Net Income | $47,150 | $68,479 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| John R Stevens | Chairman Emeritus in Memoriam | 0 |
Director
|
$0 | $0 | $0 |
| James J McMonagle | Chairman | 1 |
Officer
Director
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$0 | $0 | $0 |
| Len Hayes | Vice-Chairman | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Jerry P Reed | Chief Financial Officer | 15 |
Officer
Director
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$0 | $0 | $0 |
| Pierre A Sims | Secretary | 3 |
Officer
Director
|
$0 | $0 | $0 |
| William Godfrey | Director | 1 |
Director
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$0 | $0 | $0 |
| Carl W Miller | Director | 1 |
Director
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$0 | $0 | $0 |
| George A Sager | Director | 1 |
Director
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$0 | $0 | $0 |
| Charles Kershaw | Director | 1 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $143,144 | $95,994 | $1,073,682 | $47,150 |
| 2023 | $121,215 | $52,736 | $1,026,532 | $68,479 |
| 2022 | $30,581 | $263,817 | $958,053 | $-233,236 |
| 2021 | $129,435 | $73,400 | $1,191,289 | $56,035 |
| 2020 | $196,376 | $59,904 | $1,135,254 | $136,472 |
Compare FIRST MARINE DIVISION ASSOCIATIONSCHOLARSHIP FUND INC with other nonprofits in California and across the country.