Froman Scholarship 11-50004-2
Only null% goes to programs Strong reserves Declining revenue
Froman Scholarship 11-50004-2 is a 501(c)(3) organization based in Evansville, Indiana, registered in 2019, with $11,536 in FY2024 revenue. CharityIndex grades it C+.
Po Box 207, Evansville, IN, 47702 EIN 37-6375786 Since 2019
Revenue (FY2024)
$12K
▼ 33.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$7,825
Net assets
$156K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Froman Scholarship 11-50004-2— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating239 mo reserves · +32% 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 Froman Scholarship 11-50004-2: 239 mo reserves · +32% margin earns a B+ 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 Froman Scholarship 11-50004-2— 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 Froman Scholarship 11-50004-2: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 207, Evansville, IN, 47702
- City
- Evansville
- State
- Indiana
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $17K (FY2018) to $12K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $156K
Operating margin
32.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$156K
Total liabilities
$0
Net assets
$156K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,536▼33.6% | $7,825▲1.0% | $155,982▲2.4% | $155,982▲2.4% | 990PF |
| 2023 | $17,362▲173% | $7,750▼1.1% | $152,272▲6.7% | $152,272▲6.7% | 990PF |
| 2022 | $6,353▼66.2% | $7,838▼27.2% | $142,676▼1.0% | $142,676▼1.0% | 990PF |
| 2021 | $18,798▲37.8% | $10,763▼26.6% | $144,162▲5.9% | $144,162▲5.9% | 990PF |
| 2020 | $13,638▼4.2% | $14,672▼15.7% | $136,128▼0.8% | $136,128▼0.8% | 990PF |
| 2019 | $14,238▼18.0% | $17,404▲11.1% | $137,160▼2.3% | $137,160▼2.3% | 990PF |
| 2018 | $17,367 | $15,670 | $140,332 | $140,332 | 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 Froman Scholarship 11-50004-2 a legitimate nonprofit?
- Yes. Froman Scholarship 11-50004-2 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-6375786, based in Evansville, Indiana. Donations are tax-deductible.
- What is Froman Scholarship 11-50004-2's EIN?
- Froman Scholarship 11-50004-2's Employer Identification Number (EIN) is 37-6375786.
- How much revenue does Froman Scholarship 11-50004-2 report?
- Froman Scholarship 11-50004-2 reported $11,536 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Froman Scholarship 11-50004-2 have?
- CharityIndex grades Froman Scholarship 11-50004-2 C+, based on financial health (reserves and operating margin).
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Data for Froman Scholarship 11-50004-2 (EIN 37-6375786) 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.