Frances G Shoolroy Family Foundation is a 501(c)(3) organization based in Akron, Ohio, registered in 2000, with $161,347 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$161K
▲ 39.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$119K
Net assets
$2.5M
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 Frances G Shoolroy Family Foundation— 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 Frances G Shoolroy Family Foundation: 251 mo reserves · +26% 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 Frances G Shoolroy Family Foundation— 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 Frances G Shoolroy Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $129K (FY2019) to $161K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
26.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$429
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $161,347▲39.2% | $118,715▼18.8% | $2,482,401▲1.7% | $2,482,830▲1.8% | 990PF |
| 2023 | $115,941▼42.8% | $146,174▲6.9% | $2,439,769▼1.2% | $2,439,769▼1.2% | 990PF |
| 2022 | $202,739▼75.0% | $136,741▼92.4% | $2,470,003▲2.7% | $2,470,173▲2.4% | 990PF |
| 2021 | $811,988▲342% | $1,789,807▲761% | $2,404,004▼28.9% | $2,413,245▼28.7% | 990PF |
| 2020 | $183,513▲41.9% | $207,912▼0.5% | $3,381,823▼0.7% | $3,383,054▼0.7% | 990PF |
| 2019 | $129,331 | $209,053 | $3,406,223 | $3,406,223 | 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 Frances G Shoolroy Family Foundation (EIN 34-1910725) 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.