Education
(B82)
IRS Verified
DX Registered
990 on File
MARY MARGARET TRANT NURSING SCHOLARSHIP
Financial strength (30%)
65/100
Reliability (20%)
69/100
Effectiveness (25%)
85/100
Impact (25%)
75/100
45
CharityAI™ Score
out of 100
Mission Statement
The MMTrant Foundation is a dedicated non-profit organization based in the Greater Boston area, committed to nurturing both aspiring and established nursing professionals that provide enthusiastic and empathetic care to all patients. Since our founding in 2021, we have proudly awarded over $23,000 in scholarships to high school seniors, donated 30 stethoscopes to accelerated nursing students, and contributed a $50,000 endowment to a local nursing university. We've also delivered numerous care packages to frontline healthcare workers—all made possible through the generosity of our community.
Financial Overview — FY 2022
$10K
Total Revenue
$58K
Total Expenses
$41K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.3%
Fundraising Efficiency
20.0%
Operating Reserve
8.42x
Liability-to-Asset
0.0%
Revenue Diversification
26.8%
Compared with Peers
FY 2022
Compared with 19,697 similar organizations
(United States, Education, under $100K in expenses), FY 2022.
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
|
99.3% | 86.2% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
20.0% | 38.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.4 mo | 31.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
26.8% | 94.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-90.6% | 2.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
324.1% | 14.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-498.5% | 13.4% |
P10P90
|
CharityAI™ Evaluation — 2025
45 / 1000
Financial
74
Reliability
45
Effectiveness
75
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
74
Program Effectiveness (25%)
45
Impact & Outcomes (25%)
75
220 served annually
$551 per beneficiary
4 programs
IRS Verified Form 990 on File 95% Data Complete
Impact
6 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Scholarships to deserving local nursing high school graduates to be applied to higher ed development | 4 | $1,000.00 | — | Per Year |
| Specialty Stethoscopes provided to Advanced Program Nursing Students studying @ accredited college | 60 | $150.00 | — | Per Year |
| As of 05/26, we have provided 30 high school seniors scholarships to support their nursing education | 30 | $1,000.00 | — | Per Year |
| Local Univ. endowment provides offset of nursing certification costs for need based college students | 120 | $500.00 | — | Lifetime |
| We have given scholarships to continuing education nursing students | 2 | $500.00 | — | Per Year |
| Amount of Stethoscopes (equipment) awarded to advanced College Nursing Students. | 68 | $202.94 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2022 | $10K | $58K | $41K | 99.3% | — |
| 2021 | $103K | $14K | $89K | 84.6% | — |
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