Lyndhurst, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Garfield American Legion Veterans Memorial Scholarship Fund, founded in 2014, is a micro nonprofit in the Education sector that reported $24K in total revenue in fiscal year 2024. Revenue surged 1476% from the prior year, signaling strong growth momentum. The organization ran a surplus of $23K, a strong 98% operating margin.
The Garfield American Legion Veterans Memorial Scholarship Fund was organized exclusively and specifically to operate a scholarship fund that will benefit the youth of America. First, the scholarship fund will provide educational assistance to the children, grandchildren and legacy of veterans who served our country and were/are life members of the Garfield American Legion Post 255 or has twenty-five (25) consecutive years membership in Post 255. Second, the scholarship fund will provide educational assistance to the children, grandchildren and legacy of veterans who served our country and were/are life members of American Legion Posts throughout Bergen County, New Jersey. Third, the scholarship fund will provide educational assistance to the children, grandchildren and legacy of veterans who honorably served our country and who have thirty (30) consecutive year membership in any bonafide veterans organization in Bergen County.
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 | $23,631 | $1,499 | +14.8% |
| Expenses | $407 | $443 | -0.1% |
| Net Income | $23,224 | $1,056 | +21.0% |
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 |
|---|---|---|---|---|---|---|
| Robert G Karpowicz | President | 1.00 |
Officer
|
$0 | $0 | $0 |
| Robert A Karpowicz | Treasurer | 0.00 |
Officer
|
$0 | $0 | $0 |
| Barbara A Karpowicz | Vice President | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $23,631 | $407 | $592,931 | $23,224 |
| 2023 | $1,499 | $443 | $569,707 | $1,056 |
| 2022 | $1,514 | $251 | $568,651 | $1,263 |
| 2021 | $36,550 | No data | $567,388 | No data |
| 2020 | $1,893 | $75 | $530,838 | $1,818 |
| 2019 | $20,023 | $483 | $529,020 | $19,540 |
| 2018 | $1,908 | No data | $509,480 | No data |
Compare Garfield American Legion Veterans Memorial Scholarship Fund with other nonprofits in New Jersey and across the country.