Mission: TO ADMINISTER THE SCHOLARSHIPS, SCHOLARSHIP LOANS AND LIFE MEMBERSHIP MEMORIAL GRANTS TO AAAA MEMBERS, CHILDREN, SIBLINGS AND SPOUSES OF MEMBERS AS WELL AS DECEASED  ... (More)

AAAA Scholarship Foundation Inc. is a 501(c)(3) organization, with an IRS ruling year of 1968, and donations are tax-deductible.

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Contact Information

  www.quad-a.org

  593 MAIN ST
Monroe CT 06468-2806



...  ...  ...  ...  

Encompass Rating System by Charity Navigator


Overall Score

100

out of 100

This charity's score is a passing score.
This overall score is calculated from multiple beacon scores: 90% Impact & Results and 10% Leadership & Adaptability


Learn about the Encompass Rating System: Overview | FAQ | Release Notes

Next: Impact & Results

...   Finance & Accountability


This score provides an assessment of a nonprofit's financial health (stability, efficiency and sustainability) and its commitment to governance practices and policies.


Finance & Accountability Score

Not currently scored

This organization cannot be evaluated by our Encompass Rating methodology because it does not e-file IRS Form 990


To ensure year-to-year consistency, the Encompass Rating System's Finance & Accountability beacon analyzes the three-year average of some data provided through the IRS Form 990.
Charity Navigator does not currently have the data required from e-filed IRS Forms 990 for AAAA Scholarship Foundation Inc. under the EIN: 06-0799487. 
This indicates that AAAA Scholarship Foundation Inc. may still be filing paper Forms 990.


Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated this organization.


Back to Overall

Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Total Revenue and Expenses

Total Revenue and Expenses

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Salary of Key Persons

No Data Available


Key Persons data is currently unavailable for this organization. This data is only available if this charity has at least one year of electronically-filed Form 990 data filed within the last six years.

Business Master File Data

Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website


Activities:

Scholarships (other) (BMF activity code: 040)


Foundation Status:

Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi) (BMF foundation code: 15)


Affiliation:

Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)

Data Sources: IRS Forms 990

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to view this organization's Forms 990 on the IRS website (if any are available).

Pandemic Response

Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them. Charities may submit their own pandemic responses through their nonprofit portal.


AAAA Scholarship Foundation Inc. reported being impacted by COVID-19 in the following ways:
  • n/a


How COVID-19 impacted the organization's operations financially:

Donations remained steady.


How COVID-19 impacted the organization's delivery of programs:

COVID-19 did not impace delivery of programs.


How this organization adapted to changing conditions caused by COVID-19:

Meetings held virtually and increased program promotions.


Innovations the organization intends to continue permanently after the pandemic:

Virtual and in person meetings.


Previous: Finance & Accountability  / Next: Leadership & Adaptability

...   Impact & Results


This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.


Impact & Results Score

100

out of 100

AAAA Scholarship Foundation Inc. is highly cost-effective, earning a passing score.


Impact

$2,200 increases income for a scholarship recipient by $4,500.


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Back to Overall

Impact & Results Report

100

of 100 points


This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Rated Program

Rated Program


Program

Scholarship Program

Activities

The nonprofit grants scholarships to beneficiaries.

Program Type

Postsecondary Scholarships

Beneficiaries Served

Students

Program Geography

Fairfield County, CT

Time Period of Data

1/1/17 to 12/31/17


Learn how we assess the impact of nonprofits

Outcomes and Cost

Outcomes: Changes in the lives of those served by a nonprofit. They can be caused by the nonprofit.

Costs: The money spent by a nonprofit and its partners and beneficiaries.

Impact: Outcome caused by a nonprofit relative to its cost.

Cost-effectiveness: A judgment as to whether the cost was a good use of resources to cause the outcome.


Outcome Metric

Increase in income for a scholarship recipient


Outcome Data Source

Ratings are based on data the nonprofit itself collects on its work. We use the most recent year with sufficient data. Typically, this data allows us to calculate direct changes in participants' lives, such as increased income.


Output data collected during the program. The nonprofit publicly reports data on the dollar value of all scholarships it grants and the number of scholarship recipients, which we use to calculate the additional income that the nonprofit's scholarship program generates.


Method for Attributing Outcomes

We don't know if the observed changes were caused by the nonprofit's program or something else happening at the same time (e.g., a participant got a raise). To determine causation, we take the outcomes we observe and subtract an estimate of the outcomes that would have happened even without the program (i.e., counterfactual outcomes).


We estimate the increase in income caused by a nonprofit's scholarship program in two steps. First, we compare the estimated postsecondary graduation rate of its scholars to that of comparable students who did not receive a scholarship (the "counterfactual"). Our estimates are drawn from rigorous social science studies of similar scholarship programs. The result is the number of scholars whose graduation was caused by the nonprofit. Second, we compare the earnings of graduates to non-graduates based on publicly available census data, matching on student demographic characteristics. We apply the earnings boost owing to a degree to those scholars whose graduation was caused by the nonprofit. Both steps are necessary to properly net out counterfactual successes from observed successes. Otherwise, we would be attributing changes (increase in graduation rate and increase in earnings) to the nonprofit when they would have happened anyway. Few nonprofits estimate the counterfactual themselves, so we construct our own counterfactual estimate based on research and publicly available data.


Cost Data Source

After estimating the program's outcomes, we need to determine how much it cost to achieve those outcomes. All monetary costs are counted, whether they are borne by a nonprofit service deliverer or by the nonprofit’s public and private partners.


Program cost data reported by the nonprofit. Partner and beneficiary costs reported by the nonprofit or estimated by Charity Navigator.


Cost Calculation

$476,000 program costs + $113,551 partner costs + $113,551 beneficiary costs = $703,102 total costs


Impact and Determination

We calculate impact, defined as the change in outcomes attributable to a program divided by the cost to achieve those outcomes.

Impact Calculation

$703,102 total costs / $1,426,601 additional income = roughly $2000 increases income for a scholarship recipient by $4000.

Benchmark for Rating

Impact & Results scores of postsecondary scholarship programs are based on income generated relative to cost. Programs receive an Impact & Results score of 100 if they increase income for a recipient by more than $1.50 for every $1 spent and a score of 75 if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the benchmark for cost-effectiveness, it earns a score of 50.

Determination

Highly cost-effective

Analysis Details


Analysis conducted in 2019 by ImpactMatters. An analyst searched the Form 990s, annual reports, audited financials and the website of the nonprofit to calculate impact and rate cost-effectiveness. A second analyst conducted quality control.

Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Largest Programs

Largest Programs



AAAA Scholarship Foundation Inc. reported its largest program on its FY 2020 Form 990 as:


$520,000

Spent in most recent FY

100%

Percent of program expenses


SCHOLARSHIPS: THE FOUNDATION ADMINISTERS SCHOLARSHIP AWARDS TO MEMBERS AND CHILDREN, SIBLINGS AND SPOUSES OF MEMBERS AND DECEASED MEMBERS OF THE ARMY AVIATION ASSOCIATION OF AMERICA INC.


Previous: Impact & Results  / Next: Culture & Community

...   Leadership & Adaptability


This score provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.


Leadership & Adaptability Score

100

out of 100

The score earned by AAAA Scholarship Foundation Inc. is a passing score.

Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.


Back to Overall

Leadership & Adaptability Report

100

of 100 points

Mission

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s mission


TO ADMINISTER THE SCHOLARSHIPS, SCHOLARSHIP LOANS AND LIFE MEMBERSHIP MEMORIAL GRANTS TO AAAA MEMBERS, CHILDREN, SIBLINGS AND SPOUSES OF MEMBERS AS WELL AS DECEASED MEMBERS OF THE ARMY AVIATION ASSOCIATION OF AMERICA INC. AN AFFILIATED NOT FOR PROFIT TAX EXEMPT ORGANIZATION. THE SCHOLARSHIPS AND LIFE MEMBERSHIP MEMORIAL GRANTS ARE AWARDED AS FINANCIAL ASSISTANCE FOR COLLEGE LEVEL EDUCATION. THE SELECTION OF THE RECIPIENT IS MADE BY AAAASFI'S BOARD OR THEIR DESIGNATED COMMITTEE.


Source: Nonprofit submitted responses

Vision

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.


Continue to support the United States Army Aviation Soldier and Family through scholarships for college.


Source: Nonprofit submitted responses

Strategic Goals

The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.


Goal One: Continue to increase the number and amount of scholarships provided.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Goal Two: Move year financial year end to enable scholarships to be presented to students in May each year.

Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.


Goal Three: Work with individuals, corporations and heritage associations to increase perpetual scholarships.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Source: Nonprofit submitted responses

Leadership Development

The nonprofit provides evidence of investment in leadership development


Describe an investment in leadership

Memberships to industry training systems.

Source: Nonprofit submitted responses

Mobilizing for Mission

The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.


This organization mobilizes for mission in the following ways:
  • Raising Awareness

What are this organization’s external mobilizaton efforts?

Weekly promotion in Social Media or eBlasts.

Source: Nonprofit submitted responses

Story of Adaptability

The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.


Board of Governors Meetings conducted virtually.

Source: Nonprofit submitted responses

Previous: Leadership & Adaptability

...   Culture & Community


This score provides an assessment of the organization's culture and connectedness to the community it serves. Learn more about how and why we rate Culture & Community.


Culture & Community Score

Not Currently Scored

AAAA Scholarship Foundation Inc. is currently not eligible for a Culture & Community score because we have not received its Constituent Feedback or Diversity, Equity, & Inclusion data. Nonprofit organizations are encouraged to fill out the How We Listen and Equity Practices sections of their Candid profile.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.


Back to Overall

Culture & Community Report

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Constituent Feedback

Diversity, Equity, & Inclusion


This organization has not provided information regarding the diversity, equity and inclusion (DEI) practices it is presently implementing. As such, the organization has not earned a score on this metric. Charity Navigator believes nonprofit organizations implementing effective DEI policies and practices can enhance a nonprofit's decision-making, staff motivation, innovation, and effectiveness.


Methodology


We are utilizing data collected by Candid to document and assess the DEI practices implemented by the organization. Nonprofit organizations are encouraged to fill out the Equity Strategies section of their Candid profiles to receive a rating.


Learn more about the methodology.

Constituent Feedback


Constituent Feedback and Listening Practice data are not available for this organization. Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective.



Methodology


We've partnered with Candid to survey organizations about their feedback practices. Nonprofit organizations can fill out the How We Listen section of their Candid profile to receive a rating.


Learn more about the methodology.

Analysis and Research


Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Below you can find more information about the metrics we currently evaluate in this beacon and their relevance to nonprofit performance.


Constituent Feedback


Diversity, Equity, and Inclusion

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