Montgomery County Scholarships
Montgomery County Scholarships reported $15.7 million in revenue and $4.0 million in expenses for calendar year 2025. Of every $100 it spent, $91.00 went to program services, $9.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.7% of the total. The highest compensation it reported for one person was $146,500 (DIRECTOR). 2 people received more than $100,000 in reportable compensation. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $4.0MFor context, the median across 5,498 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $146,500 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.70% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 46.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseThis organization processes eitc tax credit gifts on behalf of other schools. The bulk of the gifts were received on or about december 31, 2025. At year end, the organization was holding $14,190,629 to be distributed as grants in 2026. By statute, the bulk of these funds must be distributed by the close of the 2026 fiscal year. The organization is moving to a fiscal year that aligns with this model
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 20.00 hrs/week | $136,500 | $0 | $10,000 | $146,500 |
| DIRECTOR Director/trustee, 10.00 hrs/week | $105,500 | $0 | $10,000 | $115,500 |
2 people received more than $100,000 in reportable compensation from Montgomery County Scholarships (Part VII, line 2). Compensation of current officers, directors and key employees totaled $242K (Part IX, line 5).
3 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52
Correct a figure or respond
Every number above is copied from Montgomery County Scholarships's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Montgomery County Scholarships, you can publish a response that is linked from this page.
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Of every $100 Montgomery County Scholarships spent in 2025, $91.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Summit Early LearningMifflinburg, PA · revenue $16M · programs 87.1% · FY2025
- D'Arbonne Woods Charter SchoolFarmerville, LA · revenue $16M · programs 91.2% · FY2025
- New Millennium AcademyBrooklyn Center, MN · revenue $16M · programs 89.7% · FY2025
- RethinkforwardFort Lauderdale, FL · revenue $16M · programs 78.5% · FY2025
- Martin de Porres School for Exceptional ChildrenElmont, NY · revenue $16M · programs 87.8% · FY2025
Questions people ask
How much of Montgomery County Scholarships's spending goes to programs?
In calendar year 2025, Montgomery County Scholarships reported that 91.0% of its $4.0 million in expenses went to program services, 9.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Montgomery County Scholarships pay its top executive?
The largest total compensation Montgomery County Scholarships reported for one person in calendar year 2025 was $146,500, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Montgomery County Scholarships get its money?
Of $15.7 million in revenue in calendar year 2025, 98.7% came from contributions and grants and 0.8% from program service revenue (Form 990, Part VIII).
Is Montgomery County Scholarships a registered charity?
The IRS lists EIN 87-0969482 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202642089349300024 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202541489349300209 · read the filing
- 2023: Form 990 for calendar year 2023, object 202432459349300603 · read the filing
All filings for EIN 87-0969482: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.