Gerald E Thompson Memorial Scholarship Fund Inc
Only null% goes to programs Strong reserves Declining revenue
Gerald E Thompson Memorial Scholarship Fund Inc is a 501(c)(3) organization based in Southport, North Carolina, registered in 2016, with $2,812 in FY2025 revenue. CharityIndex grades it B.
3144 Moss Hammock Wynd, Southport, NC, 28461 EIN 81-3758198 Since 2016
Revenue (FY2025)
$2,812
▼ 42.0% vs prior year
Public Benefit median: $140K
Expenses (FY2025)
$2,000
Net assets
$40K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Gerald E Thompson Memorial Scholarship Fund Inc— 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 rating241 mo reserves · +29% 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 Gerald E Thompson Memorial Scholarship Fund Inc: 241 mo reserves · +29% 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 Gerald E Thompson Memorial Scholarship Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Gerald E Thompson Memorial Scholarship Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3144 Moss Hammock Wynd, Southport, NC, 28461
- City
- Southport
- State
- North Carolina
- Category
- Public & Societal Benefit
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $7,150 (FY2020) to $2,812 (FY2025) across 6 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $40K
Operating margin
28.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40K
Total liabilities
$0
Net assets
$40K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $2,812▼42.0% | $2,000▼10.1% | $40,163▼2.7% | $40,163▼2.7% | 990PF |
| 2024 | $4,848▲72.3% | $2,225▼47.0% | $41,288▲6.8% | $41,288▲6.8% | 990PF |
| 2023 | $2,814▼44.8% | $4,199▲0.7% | $38,645▼3.5% | $38,645▼3.5% | 990PF |
| 2022 | $5,102▲23.7% | $4,170▲1.7% | $40,030▲2.4% | $40,030▲2.4% | 990PF |
| 2021 | $4,125▼42.3% | $4,101▲36.7% | $39,099▲0.1% | $39,099▲0.1% | 990PF |
| 2020 | $7,150 | $3,000 | $39,076 | $39,076 | 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 Gerald E Thompson Memorial Scholarship Fund Inc a legitimate nonprofit?
- Yes. Gerald E Thompson Memorial Scholarship Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3758198, based in Southport, North Carolina. Donations are tax-deductible.
- What is Gerald E Thompson Memorial Scholarship Fund Inc's EIN?
- Gerald E Thompson Memorial Scholarship Fund Inc's Employer Identification Number (EIN) is 81-3758198.
- How much revenue does Gerald E Thompson Memorial Scholarship Fund Inc report?
- Gerald E Thompson Memorial Scholarship Fund Inc reported $2,812 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Gerald E Thompson Memorial Scholarship Fund Inc have?
- CharityIndex grades Gerald E Thompson Memorial Scholarship Fund Inc B, based on financial health (reserves and operating margin).
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Data for Gerald E Thompson Memorial Scholarship Fund Inc (EIN 81-3758198) 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.