John E Solem Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
John E Solem Scholarship Trust is a 501(c)(3) organization based in Sioux Falls, South Dakota, registered in 1954, with $13,758 in FY2025 revenue. CharityIndex grades it C+.
100 S Phillips Ave, Sioux Falls, SD, 57104 EIN 46-6010949 Since 1954
Revenue (FY2025)
$14K
▼ 11.2% vs prior year
Expenses (FY2025)
$13K
Net assets
$117K
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 John E Solem 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 →
B+Financial health25% of the rating106 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 John E Solem Scholarship Trust: 106 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 John E Solem 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 E Solem Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 100 S Phillips Ave, Sioux Falls, SD, 57104
- City
- Sioux Falls
- State
- South Dakota
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $11K (FY2013) to $14K (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $117K
Operating margin
4.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$117K
Total liabilities
$0
Net assets
$117K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $13,758▼11.2% | $13,187▲10.9% | $116,761▲0.5% | $116,761▲0.5% | 990PF |
| 2024 | $15,489▲89.1% | $11,890▼3.8% | $116,194▲3.2% | $116,194▲3.2% | 990PF |
| 2023 | $8,189▲111% | $12,354▲5.3% | $112,563▼3.6% | $112,563▼3.6% | 990PF |
| 2022 | $3,888▼78.6% | $11,727▼6.5% | $116,744▼6.3% | $116,744▼6.3% | 990PF |
| 2021 | $18,147▲13.6% | $12,542▲10.1% | $124,622▲4.7% | $124,622▲4.7% | 990PF |
| 2020 | $15,968▲58.5% | $11,394▲8.6% | $119,016▲4.0% | $119,016▲4.0% | 990PF |
| 2019 | $10,075▼6.3% | $10,489▲5.9% | $114,384▼0.4% | $114,384▼0.4% | 990PF |
| 2018 | $10,757▼23.7% | $9,906▲6.2% | $114,798▲0.7% | $114,798▲0.7% | 990PF |
| 2017 | $14,101▲208% | $9,327▼5.0% | $113,978▲4.5% | $113,978▲4.5% | 990PF |
| 2016 | $4,583▼51.6% | $9,813▲1.1% | $109,102▼4.6% | $109,102▼4.6% | 990PF |
| 2015 | $9,462▲24.7% | $9,706▲1.9% | $114,332▼0.2% | $114,332▼0.2% | 990PF |
| 2014 | $7,585▼29.1% | $9,525▲14.9% | $114,576▼1.7% | $114,576▼1.7% | 990PF |
| 2013 | $10,694 | $8,293▲52.5% | $116,516▲2.1% | $116,516▲2.1% | 990PF |
| 2012 | — | $5,439▼11.1% | $114,115▲1.9% | $114,115▲1.9% | 990PF |
| 2011 | — | $6,121 | $111,949 | $111,949 | 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 E Solem Scholarship Trust a legitimate nonprofit?
- Yes. John E Solem Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-6010949, based in Sioux Falls, South Dakota. Donations are tax-deductible.
- What is John E Solem Scholarship Trust's EIN?
- John E Solem Scholarship Trust's Employer Identification Number (EIN) is 46-6010949.
- How much revenue does John E Solem Scholarship Trust report?
- John E Solem Scholarship Trust reported $13,758 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does John E Solem Scholarship Trust have?
- CharityIndex grades John E Solem Scholarship Trust C+, based on financial health (reserves and operating margin).
More nonprofits in Sioux Falls
Explore more
Data for John E Solem Scholarship Trust (EIN 46-6010949) 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.