Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr
Only null% goes to programs Strong reserves Declining revenue
Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr is a 501(c)(3) organization based in Hutchinson, Kansas, registered in 2020, with $113,347 in FY2024 revenue. CharityIndex grades it F.
Po Box 913, Hutchinson, KS, 67504 EIN 85-6284698 Since 2020
Revenue (FY2024)
$113K
▲ 307.3% vs prior year
Education median: $200K
Expenses (FY2024)
$179K
Net assets
$3.8M
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 Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr— 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 rating254 mo reserves · -58% 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 Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr: 254 mo reserves · -58% 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 Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr— 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 Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 913, Hutchinson, KS, 67504
- City
- Hutchinson
- State
- Kansas
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $4.2M (FY2020) to $113K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.8M
Operating margin
-58.3%
Spent more than it raised in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $113,347▲307% | $179,403▲103% | $3,802,130▼1.7% | $3,802,130▼1.7% | 990PF |
| 2023 | -$54,671▼253% | $88,416▼69.1% | $3,868,199▼3.6% | $3,868,199▼3.6% | 990PF |
| 2022 | $35,665▼84.6% | $286,125▲191% | $4,011,286▼5.9% | $4,011,286▼5.9% | 990PF |
| 2021 | $231,521▼94.4% | $98,335▲222% | $4,261,746▲3.2% | $4,261,746▲3.2% | 990PF |
| 2020 | $4,159,239 | $30,565 | $4,128,674 | $4,128,674 | 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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Frequently asked questions
- Is Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr a legitimate nonprofit?
- Yes. Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-6284698, based in Hutchinson, Kansas. Donations are tax-deductible.
- What is Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr's EIN?
- Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr's Employer Identification Number (EIN) is 85-6284698.
- How much revenue does Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr report?
- Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr reported $113,347 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr have?
- CharityIndex grades Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr F, based on financial health (reserves and operating margin).
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Data for Donald R Ray & Betty M Ray College Scholarship Fund Charitable Tr (EIN 85-6284698) 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.