Frank & Alice Godeke Scholarship Fund
Only null% goes to programs Strong reserves Growing revenue
Frank & Alice Godeke Scholarship Fund is a 501(c)(3) organization based in Olney, Illinois, registered in 2004, with $28,611 in FY2024 revenue. CharityIndex grades it F.
Po Box 100, Olney, IL, 62450 EIN 86-6325011 Since 2004
Revenue (FY2024)
$29K
▲ 5.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$64K
Net assets
$566K
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 Frank & Alice Godeke 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 →
FFinancial health25% of the rating107 mo reserves · -122% 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 Frank & Alice Godeke Scholarship Fund: 107 mo reserves · -122% 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 Frank & Alice Godeke 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 →
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 Frank & Alice Godeke Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 100, Olney, IL, 62450
- City
- Olney
- State
- Illinois
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $34K (FY2013) to $29K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $566K
Operating margin
-122.1%
Spent more than it raised in the latest fiscal year.
Total assets
$566K
Total liabilities
$0
Net assets
$566K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,611▲5.6% | $63,554▲20.0% | $566,112▼5.8% | $566,112▼5.8% | 990PF |
| 2023 | $27,105▲0.9% | $52,940▼5.7% | $601,055▼4.1% | $601,055▼4.1% | 990PF |
| 2022 | $26,859▲25.3% | $56,131▲11.0% | $626,890▼4.5% | $626,890▼4.5% | 990PF |
| 2021 | $21,442▼13.4% | $50,576▼7.4% | $656,162▼4.3% | $656,162▼4.3% | 990PF |
| 2020 | $24,749▼0.1% | $54,621▲7.6% | $685,296▼4.2% | $685,296▼4.2% | 990PF |
| 2019 | $24,772▼64.1% | $50,783▲1.6% | $715,168▼3.5% | $715,168▼3.5% | 990PF |
| 2018 | $68,995▲149% | $49,966▲4.1% | $741,179▲2.6% | $741,179▲2.6% | 990PF |
| 2017 | $27,759▲4.0% | $47,978▲0.9% | $722,150▼2.7% | $722,150▼2.7% | 990PF |
| 2016 | $26,694▲17.7% | $47,547▼3.6% | $742,369▼2.7% | $742,369▼2.7% | 990PF |
| 2015 | $22,685▼16.2% | $49,335▲5.1% | $763,222▼3.4% | $763,222▼3.4% | 990PF |
| 2014 | $27,079▼21.2% | $46,939▼0.2% | $789,872▼2.5% | $789,872▼2.5% | 990PF |
| 2013 | $34,352 | $47,032▲5.2% | $809,732▼1.5% | $809,732▼1.5% | 990PF |
| 2012 | — | $44,716▲7.6% | $822,412▼1.0% | $822,412▼1.0% | 990PF |
| 2011 | — | $41,563▼16.8% | $830,854▼2.1% | $830,854▼2.1% | 990PF |
| 2010 | — | $49,965 | $848,466 | $848,466 | 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 Frank & Alice Godeke Scholarship Fund a legitimate nonprofit?
- Yes. Frank & Alice Godeke Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-6325011, based in Olney, Illinois. Donations are tax-deductible.
- What is Frank & Alice Godeke Scholarship Fund's EIN?
- Frank & Alice Godeke Scholarship Fund's Employer Identification Number (EIN) is 86-6325011.
- How much revenue does Frank & Alice Godeke Scholarship Fund report?
- Frank & Alice Godeke Scholarship Fund reported $28,611 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Frank & Alice Godeke Scholarship Fund have?
- CharityIndex grades Frank & Alice Godeke Scholarship Fund F, based on financial health (reserves and operating margin).
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Data for Frank & Alice Godeke Scholarship Fund (EIN 86-6325011) 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.