Colonel Lloyd E and Joan Platt Witmer Scholarship Fund is a 501(c)(3) organization based in Ansonia, Connecticut, registered in 2015, with $57,805 in FY2025 revenue. CharityIndex grades it D.
Revenue (FY2025)
$58K
▼ 21.9% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$85K
Net assets
$1.0M
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 Colonel Lloyd E and Joan Platt Witmer 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 Colonel Lloyd E and Joan Platt Witmer Scholarship Fund: 144 mo reserves · -47% margin earns a D 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 Colonel Lloyd E and Joan Platt Witmer 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 Colonel Lloyd E and Joan Platt Witmer Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $35K (FY2020) to $58K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
-47.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $57,805▼21.9% | $85,176▲5.4% | $1,021,250▼2.6% | $1,021,250▼2.6% | 990PF |
| 2024 | $73,990▲240% | $80,790▼4.9% | $1,048,621▼0.6% | $1,048,621▼0.6% | 990PF |
| 2023 | $21,789▼60.3% | $84,963▼10.4% | $1,055,421▼5.6% | $1,055,421▼5.6% | 990PF |
| 2022 | $54,937▼28.2% | $94,793▲10.9% | $1,118,595▼3.4% | $1,118,595▼3.4% | 990PF |
| 2021 | $76,484▲122% | $85,480▼0.5% | $1,158,451▼0.8% | $1,158,451▼0.8% | 990PF |
| 2020 | $34,529 | $85,888 | $1,167,447 | $1,167,447 | 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 Colonel Lloyd E and Joan Platt Witmer Scholarship Fund (EIN 26-6621895) 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.