Harold M Cole Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Harold M Cole Scholarship Trust is a 501(c)(3) organization based in Orlando, Florida, registered in 1988, with $97,978 in FY2024 revenue. CharityIndex grades it C+.
Po Box 919798, Orlando, FL, 32891 EIN 58-6212292 Since 1988
Revenue (FY2024)
$98K
▲ 385.9% vs prior year
Expenses (FY2024)
$58K
Net assets
$1.2M
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 Harold M Cole 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 →
B+Financial health25% of the rating250 mo reserves · +41% 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 Harold M Cole Scholarship Trust: 250 mo reserves · +41% 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 Harold M Cole 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 →
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 Harold M Cole Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $19K (FY2020) to $98K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.2M
Operating margin
40.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,978▲386% | $58,068▼14.4% | $1,207,567▲3.2% | $1,207,567▲3.2% | 990PF |
| 2023 | $20,164▼91.6% | $67,839▼28.0% | $1,169,696▼3.9% | $1,169,696▼3.9% | 990PF |
| 2022 | $240,367▲672% | $94,226▲24.3% | $1,216,895▲13.5% | $1,216,895▲13.5% | 990PF |
| 2021 | $31,129▲67.3% | $75,810▼16.7% | $1,072,212▼4.0% | $1,072,212▼4.0% | 990PF |
| 2020 | $18,611 | $90,986 | $1,117,329 | $1,117,329 | 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.
Frequently asked questions
- Is Harold M Cole Scholarship Trust a legitimate nonprofit?
- Yes. Harold M Cole Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-6212292, based in Orlando, Florida. Donations are tax-deductible.
- What is Harold M Cole Scholarship Trust's EIN?
- Harold M Cole Scholarship Trust's Employer Identification Number (EIN) is 58-6212292.
- How much revenue does Harold M Cole Scholarship Trust report?
- Harold M Cole Scholarship Trust reported $97,978 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Harold M Cole Scholarship Trust have?
- CharityIndex grades Harold M Cole Scholarship Trust C+, based on financial health (reserves and operating margin).
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Data for Harold M Cole Scholarship Trust (EIN 58-6212292) 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.