James & Phyllis Tracy Scholarship Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 1999, with $15,237 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$15K
▲ 4.8% vs prior year
Expenses (FY2025)
$8,414
Net assets
$141K
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 James & Phyllis Tracy Scholarship Foundation— 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 James & Phyllis Tracy Scholarship Foundation: 201 mo reserves · +45% 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 James & Phyllis Tracy Scholarship Foundation— 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 James & Phyllis Tracy Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4,741 (FY2014) to $15K (FY2025) across 12 reported years.
Financial snapshot
Operating margin
44.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$141K
Total liabilities
$0
Net assets
$141K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $15,237▲4.8% | $8,414▼39.8% | $140,903▲5.1% | $140,903▲5.1% | 990PF |
| 2024 | $14,542▲199% | $13,983▲26.8% | $134,041▲0.3% | $134,041▲0.3% | 990PF |
| 2023 | $4,865▲248% | $11,031▼7.3% | $133,615▼4.4% | $133,615▼4.4% | 990PF |
| 2022 | -$3,292▼110% | $11,896▼2.1% | $139,834▼9.8% | $139,834▼9.8% | 990PF |
| 2021 | $33,206▲206% | $12,145▲42.0% | $155,022▲15.9% | $155,022▲15.9% | 990PF |
| 2020 | $10,857▲27.8% | $8,554▼5.7% | $133,795▲1.7% | $133,795▲1.7% | 990PF |
| 2019 | $8,498▼33.1% | $9,069▼3.4% | $131,504▼1.1% | $131,504▼1.1% | 990PF |
| 2018 | $12,709▼7.1% | $9,389▲18.6% | $132,922▲2.8% | $132,922▲2.8% | 990PF |
| 2017 | $13,680▲1051% | $7,914▲25.8% | $129,363▲3.7% | $129,363▲3.7% | 990PF |
| 2016 | $1,189▼76.6% | $6,293▼32.9% | $124,794▼5.1% | $124,794▼5.1% | 990PF |
| 2015 | $5,092▲7.4% | $9,379▼1.0% | $131,486▼2.9% | $131,486▼2.9% | 990PF |
| 2014 | $4,741 | $9,469 | $135,476 | $135,476 | 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 James & Phyllis Tracy Scholarship Foundation (EIN 06-6025726) 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.