Haywood R Thornton III Memorial Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Haywood R Thornton III Memorial Scholarship Trust is a 501(c)(3) organization based in Orlando, Florida, registered in 1987, with $26,780 in FY2024 revenue. CharityIndex grades it C+.
1226 Mount Vernon St, Orlando, FL, 32803 EIN 59-6839701 Since 1987
Revenue (FY2024)
$27K
▲ 22.2% vs prior year
Expenses (FY2024)
$11K
Net assets
$287K
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 Haywood R Thornton III Memorial 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 rating306 mo reserves · +58% 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 Haywood R Thornton III Memorial Scholarship Trust: 306 mo reserves · +58% 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 Haywood R Thornton III Memorial 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 Haywood R Thornton III Memorial 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 $13K (FY2013) to $27K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $287K
Operating margin
58.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$287K
Total liabilities
$0
Net assets
$287K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,780▲22.2% | $11,250 | $286,817▲0.8% | $286,817▲0.8% | 990PF |
| 2023 | $21,911▲55.3% | $11,246▲92.3% | $284,527▼1.0% | $284,527▼1.0% | 990PF |
| 2022 | $14,107▼30.9% | $5,849▼40.7% | $287,452▲1.3% | $287,452▲1.3% | 990PF |
| 2021 | $20,420▲51.7% | $9,858▼62.5% | $283,896▲0.8% | $283,896▲0.8% | 990PF |
| 2020 | $13,461▼12.2% | $26,322▼11.6% | $281,565▼4.4% | $281,565▼4.4% | 990PF |
| 2019 | $15,340▼24.2% | $29,782▲34.9% | $294,426▼4.7% | $294,426▼4.7% | 990PF |
| 2018 | $20,231▲56.0% | $22,071▲0.2% | $308,977▼0.7% | $308,977▼0.7% | 990PF |
| 2017 | $12,972▲1.8% | $22,028▼18.5% | $311,042▼2.8% | $311,042▼2.8% | 990PF |
| 2016 | $12,745▼2.2% | $27,037▲23.0% | $320,124▼4.3% | $320,124▼4.3% | 990PF |
| 2015 | $13,027▼2.0% | $21,982▼18.2% | $334,674▼2.6% | $334,674▼2.6% | 990PF |
| 2014 | $13,293▲0.1% | $26,857▲59.1% | $343,762▼3.9% | $343,762▼3.9% | 990PF |
| 2013 | $13,282 | $16,878▼23.2% | $357,610▼1.0% | $357,610▼1.0% | 990PF |
| 2012 | — | $21,983▼18.9% | $361,379▼1.3% | $361,379▼1.3% | 990PF |
| 2011 | — | $27,098▲20.6% | $366,060▼3.2% | $366,060▼3.2% | 990PF |
| 2010 | — | $22,473 | $378,133 | $378,133 | 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 Haywood R Thornton III Memorial Scholarship Trust a legitimate nonprofit?
- Yes. Haywood R Thornton III Memorial Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-6839701, based in Orlando, Florida. Donations are tax-deductible.
- What is Haywood R Thornton III Memorial Scholarship Trust's EIN?
- Haywood R Thornton III Memorial Scholarship Trust's Employer Identification Number (EIN) is 59-6839701.
- How much revenue does Haywood R Thornton III Memorial Scholarship Trust report?
- Haywood R Thornton III Memorial Scholarship Trust reported $26,780 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Haywood R Thornton III Memorial Scholarship Trust have?
- CharityIndex grades Haywood R Thornton III Memorial Scholarship Trust C+, based on financial health (reserves and operating margin).
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Data for Haywood R Thornton III Memorial Scholarship Trust (EIN 59-6839701) 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.