Joseph A Courter Memorial Scholarship Fund
Only null% goes to programs Strong reserves Growing revenue
Joseph A Courter Memorial Scholarship Fund is a 501(c)(3) organization based in Sanibel, Florida, registered in 1998, with $132,280 in FY2024 revenue. CharityIndex grades it C+.
2596 Wulfert Rd, Sanibel, FL, 33957 EIN 22-6700131 Since 1998
Revenue (FY2024)
$132K
▼ 36.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$80K
Net assets
$586K
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 Joseph A Courter Memorial Scholarship Fund— 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 rating88 mo reserves · +39% 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 Joseph A Courter Memorial Scholarship Fund: 88 mo reserves · +39% 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 Joseph A Courter Memorial Scholarship Fund— 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 Joseph A Courter Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2596 Wulfert Rd, Sanibel, FL, 33957
- City
- Sanibel
- State
- Florida
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $24K (FY2013) to $132K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $586K
Operating margin
39.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$586K
Total liabilities
$0
Net assets
$586K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $132,280▼36.4% | $80,129▼64.6% | $585,764▲8.6% | $585,764▲8.6% | 990PF |
| 2023 | $208,080▲126% | $226,337▲1596% | $539,420▼7.2% | $539,420▼7.2% | 990PF |
| 2022 | $92,095▲610% | $13,348▲1.5% | $581,269▲15.7% | $581,269▲15.7% | 990PF |
| 2021 | $12,963▼25.4% | $13,149▼80.2% | $502,522 | $502,522 | 990PF |
| 2020 | $17,388▼3.9% | $66,247▲12.0% | $502,708▼8.9% | $502,708▼8.9% | 990PF |
| 2019 | $18,095▲73.2% | $59,162▲461% | $551,567▼9.1% | $551,567▼9.1% | 990PF |
| 2018 | $10,448▲518% | $10,549▼80.1% | $606,851 | $606,851 | 990PF |
| 2017 | -$2,499▼116% | $53,121▲440% | $606,952▼10.5% | $606,952▼10.5% | 990PF |
| 2016 | $16,028▲444% | $9,844▼77.5% | $678,194▲0.5% | $678,194▲0.5% | 990PF |
| 2015 | -$4,662▼120% | $43,750▼0.4% | $674,947▼6.7% | $674,947▼6.7% | 990PF |
| 2014 | $23,276▼4.0% | $43,945▲5.1% | $723,359▼2.8% | $723,359▼2.8% | 990PF |
| 2013 | $24,247 | $41,831▼36.1% | $744,028▼2.3% | $744,028▼2.3% | 990PF |
| 2012 | — | $65,462▲45.8% | $761,502▼7.8% | $761,502▼7.8% | 990PF |
| 2011 | — | $44,910 | $826,152 | $826,152 | 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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Frequently asked questions
- Is Joseph A Courter Memorial Scholarship Fund a legitimate nonprofit?
- Yes. Joseph A Courter Memorial Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-6700131, based in Sanibel, Florida. Donations are tax-deductible.
- What is Joseph A Courter Memorial Scholarship Fund's EIN?
- Joseph A Courter Memorial Scholarship Fund's Employer Identification Number (EIN) is 22-6700131.
- How much revenue does Joseph A Courter Memorial Scholarship Fund report?
- Joseph A Courter Memorial Scholarship Fund reported $132,280 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph A Courter Memorial Scholarship Fund have?
- CharityIndex grades Joseph A Courter Memorial Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Joseph A Courter Memorial Scholarship Fund (EIN 22-6700131) 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.