Jerry D Lenon Memorial Scholarship is a 501(c)(3) organization based in North Manchester, Indiana, registered in 2022, with $188,775 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$189K
▲ 290.8% vs prior year
Education median: $200K
Expenses (FY2023)
$154K
Net assets
$2.1M
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 Jerry D Lenon Memorial Scholarship— 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 Jerry D Lenon Memorial Scholarship: 166 mo reserves · +18% 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 Jerry D Lenon Memorial Scholarship— 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 Jerry D Lenon Memorial Scholarship: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $75K (FY2019) to $189K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $188,775▲291% | $154,331▲9.1% | $2,128,826▲1.6% | $2,128,826▲1.6% | 990PF |
| 2022 | $48,309▼73.5% | $141,498▼12.6% | $2,094,384▼4.3% | $2,094,384▼4.3% | 990PF |
| 2021 | $182,544▲16.1% | $161,943▲1.9% | $2,187,573▲1.0% | $2,187,573▲1.0% | 990PF |
| 2020 | $157,249▲111% | $158,866▲18.9% | $2,166,972▼0.1% | $2,166,972▼0.1% | 990PF |
| 2019 | $74,612 | $133,596 | $2,168,589 | $2,168,589 | 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 Jerry D Lenon Memorial Scholarship (EIN 81-6333277) 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.