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Eugene Mcdermott Scholars Program Alumni Association

EIN 45-4669259 · Richardson, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION STATEMENTS OF THE ASSOCIATION ARE (A) TO IMPROVE THE QUALITY OF STUDENT EXPERIENCE BY MENTORING & EMPOWERING FUTURE GENERATIONS OF SCHOLARS (B)TO PROVIDE COMMUNITY & DIRECTION BY ADVISING THE EUGENE MCDERMOTT SCHOLARS PROGRAM, AND (C) TO CONTRIBUTE, IN COLLABORATION WITH THE UNIVERSITY OF TEXAS AT DALLAS'S ALUMNI ASSOCIATION, TO THE PROGRESS & DEVELOPMENT OF THE UNIVERSITY OF TEXAS AT DALLAS & THE GREATER DALLAS COMMUNITY.

Income
$103,058
Spending
$50,426
Spent on programs
55%
Reserves
Over 10 years of spending
Largest source of income
investment income, 89%
Employees
0
Volunteers
50

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 77% of charities in its peer group (education, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 51% of income.

  • Income trend

    15 of 15

    Income rose 127% on the year before.

  • Spending floor

    8 of 15

    55% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 91 out of 100. Higher than 87% of charities in its peer group (education, under $250k).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $7,500 spent. UT DALLAS:THIS GRANT WAS IN SUPPORT OF THE UT DALLAS INTERNATIONAL STUDENTS AND SCHOLARS OFFICE, WHICH SUPPORTS ALL INTERNATIONAL STUDENTS STUDYING AT UTD, ESPECIALLY WITH EMERGENCY ESSENTIAL NEEDS.
  2. $7,500 spent. UT DALLAS: THIS GRANT WAS IN SUPPORT OF THE FUTURE COMETS PROGRAM, A PROGRAM OF THE UT DALLAS MULTICULTURAL CENTER. THE FUTURE COMETS PROGRAM HELPS RISING 8TH GRADE STUDENTS WITH MATH ENRICHMENT CLASSES, LEADERSHIP DEVELOPMENT WORKSHOPS, AND ACTIVITIES DESIGNED TO INTRODUCE STUDENTS TO STEM CAREERS. THIS PROGRAM FULFILLS EMSPAA'S MISSION OF SUPPORTING THE UNIVERSITY AND PROGRAM BY SUPPORTING THE DEVELOPMENT OF EXCELLENT FUTURE APPLICANTS.
  3. $7,500 spent. UT DALLAS:THIS GRANT WAS IN SUPPORT OF INTELLICHOICE, A NONPROFIT MATH TUTORING PROGRAM STARTED BY UT DALLAS PROFESSOR DR. GIL LEE WHICH SERVES DISADVANTAGED STUDENTS IN THE AREA SURROUNDING UT DALLAS AND ENCOURAGING THEM TO EXPLORE A FUTURE COLLEGE EDUCATION WITH UT DALLAS.
  4. $5,000 spent. THE GRANT IS TO CANNENTA FOUNDATION,A DALLAS NONPROFIT,PROVIDING LOW-COST BILINGUAL MENTAL HEALTH SERVICES TO UNDERSERVED POPULATIONS, AND REMOVES FINANCIAL BARRIERS FOR BILINGUAL CLINICIANS IN BECOMING FULLY LICENSED MENTAL HEALTH PROFESSIONALS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.