Florence M Ramsey Memorial Scholarship Trust
Only null% goes to programs Strong reserves Declining revenue
Florence M Ramsey Memorial Scholarship Trust is a 501(c)(3) organization based in Mattoon, Illinois, registered in 1996, with $3,047 in FY2024 revenue. CharityIndex grades it F.
Po Box 685, Mattoon, IL, 61938 EIN 37-1334638 Since 1996
Revenue (FY2024)
$3,047
▼ 87.5% vs prior year
Education median: $200K
Expenses (FY2024)
$5,311
Net assets
$60K
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 Florence M Ramsey Memorial 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 →
FFinancial health25% of the rating136 mo reserves · -74% 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 Florence M Ramsey Memorial Scholarship Trust: 136 mo reserves · -74% 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 Florence M Ramsey Memorial 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 Florence M Ramsey Memorial Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 685, Mattoon, IL, 61938
- City
- Mattoon
- State
- Illinois
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $242 (FY2013) to $3,047 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $60K
Operating margin
-74.3%
Spent more than it raised in the latest fiscal year.
Total assets
$60K
Total liabilities
$0
Net assets
$60K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,047▼87.5% | $5,311▼26.7% | $60,074▼3.6% | $60,074▼3.6% | 990PF |
| 2023 | $24,288▲1094% | $7,241▲40.0% | $62,338▲37.6% | $62,338▲37.6% | 990PF |
| 2022 | $2,035▼79.4% | $5,171▼4.4% | $45,291▼6.1% | $45,291▼6.1% | 990PF |
| 2021 | $9,864▲124% | $5,407▼28.7% | $48,227▲10.2% | $48,227▲10.2% | 990PF |
| 2020 | $4,399▲67.4% | $7,579▲7.1% | $43,770▼5.8% | $43,770▼5.8% | 990PF |
| 2019 | $2,628▼57.9% | $7,074▲21.7% | $46,475▼8.0% | $46,475▼8.0% | 990PF |
| 2018 | $6,235▲62.9% | $5,813▲5.7% | $50,521▲1.8% | $50,521▲1.8% | 990PF |
| 2017 | $3,827▲153% | $5,502▼3.8% | $49,649▼3.3% | $49,649▼3.3% | 990PF |
| 2016 | $1,512▼32.3% | $5,718▲9.5% | $51,324▼7.2% | $51,324▼7.2% | 990PF |
| 2015 | $2,235▼28.4% | $5,224▲43.0% | $55,318▼5.1% | $55,318▼5.1% | 990PF |
| 2014 | $3,123▲1190% | $3,654▲0.8% | $58,307▼0.9% | $58,307▼0.9% | 990PF |
| 2013 | $242 | $3,624 | $58,838 | $58,838 | 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 Florence M Ramsey Memorial Scholarship Trust a legitimate nonprofit?
- Yes. Florence M Ramsey Memorial Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1334638, based in Mattoon, Illinois. Donations are tax-deductible.
- What is Florence M Ramsey Memorial Scholarship Trust's EIN?
- Florence M Ramsey Memorial Scholarship Trust's Employer Identification Number (EIN) is 37-1334638.
- How much revenue does Florence M Ramsey Memorial Scholarship Trust report?
- Florence M Ramsey Memorial Scholarship Trust reported $3,047 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Florence M Ramsey Memorial Scholarship Trust have?
- CharityIndex grades Florence M Ramsey Memorial Scholarship Trust F, based on financial health (reserves and operating margin).
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Data for Florence M Ramsey Memorial Scholarship Trust (EIN 37-1334638) 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.