Harold L Smith Memorial Scholarship Fund is a 501(c)(3) organization based in Winterset, Iowa, registered in 1987, with $6,145 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$6,145
▲ 4.2% vs prior year
Expenses (FY2025)
$5,412
Net assets
$176K
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 Harold L Smith Memorial 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 →
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 Harold L Smith Memorial Scholarship Fund: 390 mo reserves · +12% 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 Harold L Smith Memorial 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 →
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 Harold L Smith Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4,519 (FY2017) to $6,145 (FY2025) across 9 reported years.
Financial snapshot
Operating margin
11.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$176K
Total liabilities
$0
Net assets
$176K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $6,145▲4.2% | $5,412▲4.9% | $175,967▲1.2% | $175,967▲1.2% | 990PF |
| 2024 | $5,898▲7.2% | $5,160▲35.8% | $173,904▲2.3% | $173,904▲2.3% | 990PF |
| 2023 | $5,504▲78.7% | $3,800▲4.5% | $170,002▲2.6% | $170,002▲2.6% | 990PF |
| 2022 | $3,080▼6.9% | $3,638▲37.4% | $165,754▼5.8% | $165,754▼5.8% | 990PF |
| 2021 | $3,308▼29.2% | $2,648▼28.1% | $176,031▼2.0% | $176,031▼2.0% | 990PF |
| 2020 | $4,675▼13.3% | $3,685▲1.5% | $179,628▲3.5% | $179,628▲3.5% | 990PF |
| 2019 | $5,394▲40.0% | $3,632▼0.2% | $173,562▲6.1% | $173,562▲6.1% | 990PF |
| 2018 | $3,854▼14.7% | $3,640▲103% | $163,561▼2.7% | $163,561▼2.7% | 990PF |
| 2017 | $4,519 | $1,792 | $168,053 | $168,053 | 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 Harold L Smith Memorial Scholarship Fund (EIN 42-1282964) 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.