Arthur K & Sylvia S Lee Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Arthur K & Sylvia S Lee Scholarship Foundation is a 501(c)(3) organization based in Franklin, Tennessee, registered in 1965, with $51,145 in FY2024 revenue. CharityIndex grades it F.
Po Box 681943, Franklin, TN, 37068 EIN 36-6069067 Since 1965
Revenue (FY2024)
$51K
▲ 173.5% vs prior year
Expenses (FY2024)
$150K
Net assets
$347K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Arthur K & Sylvia S Lee Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating28 mo reserves · -193% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Arthur K & Sylvia S Lee Scholarship Foundation: 28 mo reserves · -193% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Arthur K & Sylvia S Lee Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Arthur K & Sylvia S Lee Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $108K (FY2015) to $51K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $347K
Operating margin
-192.8%
Spent more than it raised in the latest fiscal year.
Total assets
$347K
Total liabilities
$0
Net assets
$347K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $51,145▲173% | $149,728▼10.4% | $347,214▼12.7% | $347,214▼12.7% | 990PF |
| 2023 | $18,703▼60.6% | $167,043▲98.5% | $397,902▼22.7% | $397,902▼22.7% | 990PF |
| 2022 | $47,449▲20.0% | $84,136▼10.7% | $514,620▼6.7% | $514,620▼6.7% | 990PF |
| 2021 | $39,535▲52.1% | $94,250▼6.2% | $551,490▼9.4% | $551,490▼9.4% | 990PF |
| 2020 | $26,000▼34.1% | $100,508▲6.5% | $608,656▼10.7% | $608,656▼10.7% | 990PF |
| 2019 | $39,472▼14.8% | $94,415▼8.8% | $681,873▼7.3% | $681,873▼7.3% | 990PF |
| 2018 | $46,335▼57.3% | $103,553▼20.4% | $735,949▼20.2% | $735,949▼20.2% | 990PF |
| 2015 | $108,387 | $130,171 | $922,046 | $922,046 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Arthur K & Sylvia S Lee Scholarship Foundation a legitimate nonprofit?
- Yes. Arthur K & Sylvia S Lee Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6069067, based in Franklin, Tennessee. Donations are tax-deductible.
- What is Arthur K & Sylvia S Lee Scholarship Foundation's EIN?
- Arthur K & Sylvia S Lee Scholarship Foundation's Employer Identification Number (EIN) is 36-6069067.
- How much revenue does Arthur K & Sylvia S Lee Scholarship Foundation report?
- Arthur K & Sylvia S Lee Scholarship Foundation reported $51,145 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Arthur K & Sylvia S Lee Scholarship Foundation have?
- CharityIndex grades Arthur K & Sylvia S Lee Scholarship Foundation F, based on financial health (reserves and operating margin).
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Data for Arthur K & Sylvia S Lee Scholarship Foundation (EIN 36-6069067) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.