Herbert Worth Jackson Scholarship Fund Nect 005-055206376792 is a 501(c)(3) organization based in Dallas, Texas, registered in 1970, with $181,150 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$181K
▲ 9.5% vs prior year
Expenses (FY2025)
$82K
Net assets
$1.7M
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 Herbert Worth Jackson Scholarship Fund Nect 005-055206376792— 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 Herbert Worth Jackson Scholarship Fund Nect 005-055206376792: 254 mo reserves · +55% 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 Herbert Worth Jackson Scholarship Fund Nect 005-055206376792— 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 Herbert Worth Jackson Scholarship Fund Nect 005-055206376792: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $89K (FY2020) to $181K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
54.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $181,150▲9.5% | $82,193▼24.7% | $1,741,074▲6.1% | $1,741,074▲6.1% | 990PF |
| 2024 | $165,395▲332% | $109,220▲57.0% | $1,641,649▲3.4% | $1,641,649▲3.4% | 990PF |
| 2023 | $38,286▲200% | $69,553▼41.0% | $1,587,162▼2.0% | $1,587,162▼2.0% | 990PF |
| 2022 | -$38,417▼110% | $117,879▲18.3% | $1,619,100▼8.8% | $1,619,100▼8.8% | 990PF |
| 2021 | $378,424▲327% | $99,672▲3.1% | $1,775,352▲18.8% | $1,775,352▲18.8% | 990PF |
| 2020 | $88,685 | $96,719 | $1,494,547 | $1,494,547 | 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 Herbert Worth Jackson Scholarship Fund Nect 005-055206376792 (EIN 54-6034590) 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.