Frances L Parker Educational Fund is a 501(c)(3) organization based in Hereford, Texas, registered in 2020, with $224,102 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$224K
▲ 223.2% vs prior year
Education median: $200K
Expenses (FY2024)
$474K
Net assets
$5.4M
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 L Parker Educational 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 Frances L Parker Educational Fund: 136 mo reserves · -111% margin earns a F 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 L Parker Educational 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 Frances L Parker Educational Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $6.5M (FY2020) to $224K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-111.5%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$0
Net assets
$5.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $224,102▲223% | $473,920▼2.1% | $5,381,536▼4.4% | $5,381,536▼4.4% | 990PF |
| 2023 | $69,337▼37.0% | $484,198▼7.2% | $5,631,354▼6.9% | $5,631,354▼6.9% | 990PF |
| 2022 | $110,143▼59.8% | $521,961▲166% | $6,046,215▼6.4% | $6,046,215▼6.4% | 990PF |
| 2021 | $273,811▼95.8% | $195,991▲108% | $6,458,033▲1.2% | $6,458,033▲1.2% | 990PF |
| 2020 | $6,474,406 | $94,193 | $6,380,213 | $6,380,213 | 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 L Parker Educational Fund (EIN 83-6797155) 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.