Dr William R Holmes Jr Scholarship Fund is a 501(c)(3) organization based in Palm Harbor, Florida, registered in 1991, with $1,140 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1,140
▲ 2.2% vs prior year
Expenses (FY2024)
$1,625
Net assets
$41K
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 William R Holmes Jr 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 William R Holmes Jr Scholarship Fund: 305 mo reserves · -43% 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 Dr William R Holmes Jr 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 William R Holmes Jr Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3,823 (FY2013) to $1,140 (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-42.5%
Spent more than it raised in the latest fiscal year.
Total assets
$41K
Total liabilities
$0
Net assets
$41K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,140▲2.2% | $1,625▼40.4% | $41,299▲0.2% | $41,299▲0.2% | 990PF |
| 2023 | $1,116▲3.4% | $2,727▲131% | $41,209▼3.4% | $41,209▼3.4% | 990PF |
| 2022 | $1,079▼47.3% | $1,181▲4.8% | $42,666▼10.9% | $42,666▼10.9% | 990PF |
| 2021 | $2,047▲85.8% | $1,127▼23.6% | $47,907▲1.7% | $47,907▲1.7% | 990PF |
| 2020 | $1,102▼71.2% | $1,475▼40.5% | $47,098▼19.2% | $47,098▼19.2% | 990PF |
| 2013 | $3,823 | $2,479▲0.1% | $58,255▲8.9% | $58,255▲8.9% | 990PF |
| 2012 | — | $2,476 | $53,488 | $53,488 | 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 William R Holmes Jr Scholarship Fund (EIN 57-0942186) 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.