John B Gates Memorial Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
John B Gates Memorial Scholarship Trust is a 501(c)(3) organization based in Clearfield, Pennsylvania, registered in 1994, with $6,925 in FY2024 revenue. CharityIndex grades it F.
Po Box 846, Clearfield, PA, 16830 EIN 25-1721073 Since 1994
Revenue (FY2024)
$6,925
▲ 47.2% vs prior year
Expenses (FY2024)
$16K
Net assets
$107K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 John B Gates Memorial Scholarship Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating78 mo reserves · -138% 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 John B Gates Memorial Scholarship Trust: 78 mo reserves · -138% margin earns a F 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 John B Gates Memorial Scholarship Trust— 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 John B Gates Memorial Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 846, Clearfield, PA, 16830
- City
- Clearfield
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $22K (FY2013) to $6,925 (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $107K
Operating margin
-137.9%
Spent more than it raised in the latest fiscal year.
Total assets
$107K
Total liabilities
$0
Net assets
$107K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,925▲47.2% | $16,478▼0.1% | $107,425▼8.2% | $107,425▼8.2% | 990PF |
| 2023 | $4,704▼21.0% | $16,491▼0.3% | $116,978▼9.2% | $116,978▼9.2% | 990PF |
| 2022 | $5,951▼45.6% | $16,537▼2.2% | $128,765▼7.6% | $128,765▼7.6% | 990PF |
| 2021 | $10,942▼34.6% | $16,905▼9.7% | $139,351▼4.1% | $139,351▼4.1% | 990PF |
| 2020 | $16,739▲1331% | $18,721▲57.3% | $145,314▼1.3% | $145,314▼1.3% | 990PF |
| 2019 | $1,170▲102% | $11,905▼34.5% | $147,296▼6.8% | $147,296▼6.8% | 990PF |
| 2018 | -$60,789▼2957% | $18,165▼1.9% | $158,031▼33.3% | $158,031▼33.3% | 990PF |
| 2017 | $2,128▼87.4% | $18,511▲2.3% | $236,985▼6.5% | $236,985▼6.5% | 990PF |
| 2016 | $16,827▼4.4% | $18,098▲2.5% | $253,368▼0.5% | $253,368▼0.5% | 990PF |
| 2015 | $17,608▲39.0% | $17,657▲1.9% | $254,639 | $254,639 | 990PF |
| 2014 | $12,671▼41.8% | $17,328▼17.5% | $254,688▼1.8% | $254,688▼1.8% | 990PF |
| 2013 | $21,778 | $20,999▼19.3% | $259,345▲0.3% | $259,345▲0.3% | 990PF |
| 2012 | — | $26,017 | $258,566 | $258,566 | 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.
Frequently asked questions
- Is John B Gates Memorial Scholarship Trust a legitimate nonprofit?
- Yes. John B Gates Memorial Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-1721073, based in Clearfield, Pennsylvania. Donations are tax-deductible.
- What is John B Gates Memorial Scholarship Trust's EIN?
- John B Gates Memorial Scholarship Trust's Employer Identification Number (EIN) is 25-1721073.
- How much revenue does John B Gates Memorial Scholarship Trust report?
- John B Gates Memorial Scholarship Trust reported $6,925 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does John B Gates Memorial Scholarship Trust have?
- CharityIndex grades John B Gates Memorial Scholarship Trust F, based on financial health (reserves and operating margin).
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Data for John B Gates Memorial Scholarship Trust (EIN 25-1721073) 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.