Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund is a 501(c)(3) organization based in Brooklyn, Ohio, registered in 1988, with $20,873 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$21K
▼ 58.6% vs prior year
Expenses (FY2024)
$57K
Net assets
$755K
Employees
—
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 Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund: 160 mo reserves · -171% margin earns a F on this criterion. See the exact thresholds →
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 Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $22K (FY2019) to $21K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-171.2%
Spent more than it raised in the latest fiscal year.
Total assets
$755K
Total liabilities
$0
Net assets
$755K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,873▼58.6% | $56,607▲64.7% | $755,458▼4.2% | $755,458▼4.2% | 990PF |
| 2023 | $50,401▲1540% | $34,365▼37.6% | $788,759▲2.1% | $788,759▲2.1% | 990PF |
| 2022 | -$3,499▼109% | $55,099▲61.3% | $772,721▼7.0% | $772,721▼7.0% | 990PF |
| 2021 | $39,424▼80.2% | $34,159▼26.1% | $831,316▲0.6% | $831,316▲0.6% | 990PF |
| 2020 | $198,997▲786% | $46,198▲27.4% | $826,058▲22.7% | $826,058▲22.7% | 990PF |
| 2019 | $22,449 | $36,255 | $673,260 | $673,260 | 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.
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Data for Carlos E Wakefield & Beatrice E Wakefield Scholarship Fund (EIN 22-2929235) 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.