Frank D Lillie Scholarship Trust is a 501(c)(3) organization based in Ogden, Iowa, registered in 2005, with $130,906 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$131K
▲ 45.0% vs prior year
Education median: $200K
Expenses (FY2025)
$109K
Net assets
$1.4M
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 Frank D Lillie 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 →
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 D Lillie Scholarship Trust: 150 mo reserves · +17% 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 Frank D Lillie 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 →
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 D Lillie Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $46K (FY2020) to $131K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
16.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $130,906▲45.0% | $109,033▲4.4% | $1,366,249▲1.2% | $1,366,249▲1.2% | 990PF |
| 2024 | $90,295▲477% | $104,444▲8.5% | $1,349,418▼1.0% | $1,349,418▼1.0% | 990PF |
| 2023 | $15,642▼76.1% | $96,263▼21.7% | $1,363,567▼5.6% | $1,363,567▼5.6% | 990PF |
| 2022 | $65,418▼73.7% | $122,885▼7.7% | $1,444,188▼3.8% | $1,444,188▼3.8% | 990PF |
| 2021 | $249,050▲447% | $133,068▲17.0% | $1,501,655▲8.4% | $1,501,655▲8.4% | 990PF |
| 2020 | $45,543 | $113,724▲207% | $1,385,563▼4.8% | $1,385,563▼4.8% | 990PF |
| 2012 | — | $37,007▼3.0% | $1,455,462▲93.3% | $1,455,462▲93.3% | 990PF |
| 2011 | — | $38,152 | $752,796 | $752,796 | 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 Frank D Lillie Scholarship Trust (EIN 87-6260923) 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.