Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund is a 501(c)(3) organization based in Richmond, Virginia, registered in 2003, with $8,713 in FY2023 revenue. CharityIndex grades it F.
2828 Emerywood Pkwy, Richmond, VA, 23294 EIN 31-6676618 Since 2003
Revenue (FY2023)
$8,713
▼ 42.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$18K
Net assets
$255K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Hatcher Broadus & Therma Valentine Baxter Irrv 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 →
FFinancial health25% of the rating169 mo reserves · -108% 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 Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund: 169 mo reserves · -108% margin earns a F 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 Hatcher Broadus & Therma Valentine Baxter Irrv 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 →
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 Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2828 Emerywood Pkwy, Richmond, VA, 23294
- City
- Richmond
- State
- Virginia
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $8,978 (FY2013) to $8,713 (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $255K
Operating margin
-108.5%
Spent more than it raised in the latest fiscal year.
Total assets
$255K
Total liabilities
$0
Net assets
$255K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,713▼42.6% | $18,163▼11.4% | $255,281▼3.6% | $255,281▼3.6% | 990PF |
| 2022 | $15,167▼45.0% | $20,508▲10.9% | $264,731▼2.0% | $264,731▼2.0% | 990PF |
| 2021 | $27,570▲29.0% | $18,499▲0.3% | $270,072▲3.5% | $270,072▲3.5% | 990PF |
| 2020 | $21,368▲63.6% | $18,439▼2.2% | $261,001▲1.1% | $261,001▲1.1% | 990PF |
| 2019 | $13,061▼23.8% | $18,855▲1.1% | $258,072▼2.2% | $258,072▼2.2% | 990PF |
| 2018 | $17,136▲27.3% | $18,651▲7.2% | $263,866▼0.6% | $263,866▼0.6% | 990PF |
| 2017 | $13,462▲45.4% | $17,394▼4.0% | $265,381▼1.5% | $265,381▼1.5% | 990PF |
| 2016 | $9,258▼38.6% | $18,114▲2.0% | $269,313▼3.2% | $269,313▼3.2% | 990PF |
| 2015 | $15,082▼36.1% | $17,763▼6.7% | $278,169▼1.0% | $278,169▼1.0% | 990PF |
| 2014 | $23,598▲163% | $19,032▲14.6% | $280,850▲1.7% | $280,850▲1.7% | 990PF |
| 2013 | $8,978 | $16,602 | $276,284 | $276,284 | 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 Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund a legitimate nonprofit?
- Yes. Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6676618, based in Richmond, Virginia. Donations are tax-deductible.
- What is Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund's EIN?
- Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund's Employer Identification Number (EIN) is 31-6676618.
- How much revenue does Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund report?
- Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund reported $8,713 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund have?
- CharityIndex grades Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund F, based on financial health (reserves and operating margin).
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Data for Hatcher Broadus & Therma Valentine Baxter Irrv Scholarship Fund (EIN 31-6676618) 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.