Cash Hugh I Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Cash Hugh I Scholarship Trust is a 501(c)(3) organization based in Franklinton, North Carolina, registered in 1992, with $47,625 in FY2024 revenue. CharityIndex grades it C+.
95 Belle Ashton Way, Franklinton, NC, 27525 EIN 57-6144116 Since 1992
Revenue (FY2024)
$48K
▲ 111.9% vs prior year
Expenses (FY2024)
$30K
Net assets
$377K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Cash Hugh I Scholarship Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating151 mo reserves · +37% 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 Cash Hugh I Scholarship Trust: 151 mo reserves · +37% margin earns a B+ 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 Cash Hugh I Scholarship Trust— 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 Cash Hugh I Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 95 Belle Ashton Way, Franklinton, NC, 27525
- City
- Franklinton
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $48K (FY2011) to $48K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $377K
Operating margin
37.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$377K
Total liabilities
$0
Net assets
$377K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $47,625▲112% | $30,002▲5.4% | $377,207▲6.3% | $377,207▲6.3% | 990EZ |
| 2023 | $22,470▲79.0% | $28,476▼0.7% | $354,963▲10.5% | $354,963▲10.5% | 990EZ |
| 2022 | $12,556▼72.6% | $28,690▼2.1% | $321,229▼24.2% | $321,229▼24.2% | 990EZ |
| 2021 | $45,900▲63.5% | $29,298▲2.4% | $424,061▲6.2% | $424,061▲6.2% | 990EZ |
| 2020 | $28,079▲30.7% | $28,609▼25.9% | $399,258▲9.8% | $399,258▲9.8% | 990EZ |
| 2019 | $21,477▼24.5% | $38,606▲38.7% | $363,780▲13.0% | $363,780▲13.0% | 990EZ |
| 2018 | $28,457▲17.5% | $27,829▼8.2% | $321,861▼13.3% | $321,861▼13.3% | 990EZ |
| 2017 | $24,229▲48.5% | $30,325▲10.7% | $371,401▲7.6% | $371,401▲7.6% | 990EZ |
| 2016 | $16,318▼89.5% | $27,386▲6.2% | $345,034▲1.2% | $345,034▲1.2% | 990EZ |
| 2015 | $154,976▲840% | $25,792▼14.7% | $341,109▲54.1% | $341,109▲54.1% | 990EZ |
| 2014 | $16,484▼64.9% | $30,227▼46.3% | $221,308▼7.0% | $221,308▼7.0% | 990EZ |
| 2013 | $46,945▼3.2% | $56,302▲12.3% | $238,020▲31.4% | $238,020▲31.4% | 990EZ |
| 2011 | $48,495 | $50,151 | $181,122 | $181,122 | 990EZ |
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 Cash Hugh I Scholarship Trust a legitimate nonprofit?
- Yes. Cash Hugh I Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-6144116, based in Franklinton, North Carolina. Donations are tax-deductible.
- What is Cash Hugh I Scholarship Trust's EIN?
- Cash Hugh I Scholarship Trust's Employer Identification Number (EIN) is 57-6144116.
- How much revenue does Cash Hugh I Scholarship Trust report?
- Cash Hugh I Scholarship Trust reported $47,625 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cash Hugh I Scholarship Trust have?
- CharityIndex grades Cash Hugh I Scholarship Trust C+, based on financial health (reserves and operating margin).
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Data for Cash Hugh I Scholarship Trust (EIN 57-6144116) 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.