Education
(B82)
IRS Verified
DX Registered
990 on File
ARGO HIGHER EDUCATION FOUNDATION
Financial strength (30%)
79/100
Reliability (20%)
77/100
Effectiveness (25%)
90/100
Impact (25%)
45/100
73
CharityAI™ Score
out of 100
Mission Statement
The Argo Higher Education Foundation (AHEF), a 501(c)3 not-for-profit organization, provides financial assistance to deserving Argonauts to continue their post-secondary education. Each year, graduating students are awarded scholarships, some of which are renewable. ?The foundation is funded solely on individual donations and profits made from our fundraisers. All donations are tax deductible, to the extent allowed by law, and checks can be made to the Argo Higher Education Foundation. An investment in our youth of today is an investment in the future.
Financial Overview — FY 2025
$0
Annual Budget
$91K
Total Revenue
$80K
Total Expenses
$249K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.5%
Fundraising Efficiency
10.2%
Operating Reserve
37.42x
Liability-to-Asset
N/A
Revenue Diversification
48.1%
Compared with Peers
FY 2025
Compared with 13,695 similar organizations
(United States, Education, under $100K in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.5% | 87.0% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
10.2% | 38.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.4 mo | 18.3 mo |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
48.1% | 81.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-1.0% | 0.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
24.5% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.2% | 10.7% |
P10P90
|
CharityAI™ Evaluation — 2025
73 / 10078
Financial
77
Reliability
90
Effectiveness
45
Impact
Financial Strength (30%)
78
Reliability & Transparency (20%)
77
Program Effectiveness (25%)
90
Impact & Outcomes (25%)
45
15 served annually
$2K per beneficiary
1 programs
15 staff
IRS Verified Form 990 on File 90% Data Complete
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Allows students to have additional financial aid in order to continue on their education/career | 15 | $2,000.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $91K | $80K | $249K | 94.5% | — |
| 2024 | $92K | $64K | $238K | 91.6% | — |
| 2023 | $74K | $51K | $210K | 92.4% | — |
| 2022 | $76K | $38K | $187K | 85.7% | — |
| 2021 | $144K | $26K | N/A | — | 1 |
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