Dr and Mrs Earl D Ludlow Scholarship Fund is a 501(c)(3) organization based in Chillicothe, Missouri, registered in 1996, with $25,234 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$25K
▼ 41.7% vs prior year
Education median: $200K
Expenses (FY2024)
$14K
Net assets
$267K
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 Dr and Mrs Earl D Ludlow 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 Dr and Mrs Earl D Ludlow Scholarship Fund: 224 mo reserves · +43% margin earns a B+ 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 Dr and Mrs Earl D Ludlow 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 Dr and Mrs Earl D Ludlow Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $15K (FY2013) to $25K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
43.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$267K
Total liabilities
$0
Net assets
$267K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,234▼41.7% | $14,342▲28.0% | $267,218▲4.2% | $267,218▲4.2% | 990PF |
| 2023 | $43,306▲340% | $11,203▼32.9% | $256,326▲14.3% | $256,326▲14.3% | 990PF |
| 2022 | $9,840▼70.3% | $16,695▲13.4% | $224,223▼3.0% | $224,223▼3.0% | 990PF |
| 2021 | $33,172▲295% | $14,724▼1.6% | $231,078▲8.7% | $231,078▲8.7% | 990PF |
| 2020 | $8,403▼36.8% | $14,957▲19.3% | $212,630▼3.0% | $212,630▼3.0% | 990PF |
| 2019 | $13,288▼2.2% | $12,541▼9.5% | $219,184▲0.3% | $219,184▲0.3% | 990PF |
| 2018 | $13,589▲32.4% | $13,856▲11.1% | $218,437▼0.1% | $218,437▼0.1% | 990PF |
| 2017 | $10,265▲72.3% | $12,470▲2.7% | $218,704▼1.0% | $218,704▼1.0% | 990PF |
| 2016 | $5,956▼39.5% | $12,144▼15.7% | $220,909▼2.7% | $220,909▼2.7% | 990PF |
| 2015 | $9,847▼78.1% | $14,411▲10.3% | $227,097▼2.0% | $227,097▼2.0% | 990PF |
| 2014 | $44,954▲191% | $13,068▼3.6% | $231,661▲16.0% | $231,661▲16.0% | 990PF |
| 2013 | $15,457 | $13,551 | $199,775 | $199,775 | 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 Dr and Mrs Earl D Ludlow Scholarship Fund (EIN 43-6454609) 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.