Ima V Blake Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
Ima V Blake Scholarship Fund is a 501(c)(3) organization based in Chicago, Illinois, registered in 1998, with $53,352 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 55-6066592 Since 1998
Revenue (FY2024)
$53K
▲ 24.7% vs prior year
Education median: $200K
Expenses (FY2024)
$55K
Net assets
$660K
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 Ima V Blake 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 →
B+Financial health25% of the rating143 mo reserves · -4% 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 Ima V Blake Scholarship Fund: 143 mo reserves · -4% 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 Ima V Blake 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 Ima V Blake Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 10 S Dearborn Il1-0111, Chicago, IL, 60603
- City
- Chicago
- State
- Illinois
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $47K (FY2017) to $53K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $660K
Operating margin
-3.6%
Spent more than it raised in the latest fiscal year.
Total assets
$660K
Total liabilities
$0
Net assets
$660K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $53,352▲24.7% | $55,271▼0.3% | $660,457▼0.4% | $660,457▼0.4% | 990PF |
| 2023 | $42,790▲69.6% | $55,411▼8.0% | $663,384▼1.9% | $663,384▼1.9% | 990PF |
| 2022 | $25,224▼61.3% | $60,259▲12.3% | $676,105▼4.9% | $676,105▼4.9% | 990PF |
| 2021 | $65,182▲38.6% | $53,655▲4.1% | $711,154▲1.6% | $711,154▲1.6% | 990PF |
| 2020 | $47,022▼26.0% | $51,529▼3.7% | $699,642▼0.7% | $699,642▼0.7% | 990PF |
| 2019 | $63,504▲2.5% | $53,486▲6.6% | $704,329▲1.4% | $704,329▲1.4% | 990PF |
| 2018 | $61,961▲31.2% | $50,193▲12.5% | $694,308▲1.7% | $694,308▲1.7% | 990PF |
| 2017 | $47,244 | $44,631▲0.3% | $682,581▼6.0% | $682,581▼6.0% | 990PF |
| 2011 | — | $44,516▲27.9% | $726,404▲0.9% | $726,404▲0.9% | 990PF |
| 2010 | — | $34,797 | $719,570 | $719,570 | 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 Ima V Blake Scholarship Fund a legitimate nonprofit?
- Yes. Ima V Blake Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-6066592, based in Chicago, Illinois. Donations are tax-deductible.
- What is Ima V Blake Scholarship Fund's EIN?
- Ima V Blake Scholarship Fund's Employer Identification Number (EIN) is 55-6066592.
- How much revenue does Ima V Blake Scholarship Fund report?
- Ima V Blake Scholarship Fund reported $53,352 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ima V Blake Scholarship Fund have?
- CharityIndex grades Ima V Blake Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Ima V Blake Scholarship Fund (EIN 55-6066592) 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.