Jack R Correll and Shirley Mcorrell Memorial Trust is a 501(c)(3) organization based in Bloomsburg, Pennsylvania, registered in 2007, with $50,363 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$50K
▲ 31.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$50K
Net assets
$797K
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 Jack R Correll and Shirley Mcorrell Memorial Trust— 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 Jack R Correll and Shirley Mcorrell Memorial Trust: 192 mo reserves · +1% 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 Jack R Correll and Shirley Mcorrell Memorial Trust— 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 Jack R Correll and Shirley Mcorrell Memorial Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2013) to $50K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$797K
Total liabilities
$0
Net assets
$797K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,363▲31.1% | $49,820▼10.1% | $797,006▲0.1% | $797,006▲0.1% | 990PF |
| 2023 | $38,419▲52.2% | $55,441▲2.2% | $796,464▼2.1% | $796,464▼2.1% | 990PF |
| 2022 | $25,240▼47.1% | $54,236▲3.4% | $813,488▼3.4% | $813,488▼3.4% | 990PF |
| 2021 | $47,675▲53.8% | $52,477▲7.4% | $842,481▼0.6% | $842,481▼0.6% | 990PF |
| 2020 | $31,005▼23.9% | $48,842▲2.4% | $847,279▼2.1% | $847,279▼2.1% | 990PF |
| 2019 | $40,738▲5.4% | $47,718▼1.3% | $865,118▼1.2% | $865,118▼1.2% | 990PF |
| 2018 | $38,660▲1.7% | $48,346▼15.2% | $875,294▼1.1% | $875,294▼1.1% | 990PF |
| 2017 | $38,030▼15.9% | $57,019▲43.5% | $884,980▼2.1% | $884,980▼2.1% | 990PF |
| 2016 | $45,229▲19.7% | $39,732▼18.8% | $903,969▲0.6% | $903,969▲0.6% | 990PF |
| 2015 | $37,784▼28.0% | $48,921▲1.1% | $898,472▼1.2% | $898,472▼1.2% | 990PF |
| 2014 | $52,506▲106% | $48,366▼14.4% | $909,609▲0.5% | $909,609▲0.5% | 990PF |
| 2013 | $25,445 | $56,515▲40.1% | $905,469▼3.3% | $905,469▼3.3% | 990PF |
| 2012 | — | $40,349 | $936,539 | $936,539 | 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 Jack R Correll and Shirley Mcorrell Memorial Trust (EIN 20-7296691) 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.