Jule C Modlin Scholarship Fund is a 501(c)(3) organization based in Elizabeth Cty, North Carolina, registered in 1990, with $11,255 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$11K
▲ 27.1% vs prior year
Expenses (FY2024)
$11K
Net assets
$113K
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 Jule C Modlin 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 →
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 Jule C Modlin Scholarship Fund: 127 mo reserves · +5% 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 Jule C Modlin 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 →
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 Jule C Modlin Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $6,602 (FY2020) to $11K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$127K
Total liabilities
$14K
Net assets
$113K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,255▲27.1% | $10,652▲17.0% | $112,733▲0.5% | $127,118▲5.8% | 990PF |
| 2023 | $8,852▲80.4% | $9,105▼14.3% | $112,130▼0.2% | $120,157▲6.9% | 990PF |
| 2022 | $4,907▲27.1% | $10,623▲2.9% | $112,383▼4.8% | $112,383▼11.1% | 990PF |
| 2021 | $3,862▼41.5% | $10,324▲4.5% | $118,099▼5.2% | $126,356▲1.3% | 990PF |
| 2020 | $6,602 | $9,875 | $124,561 | $124,675 | 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 Jule C Modlin Scholarship Fund (EIN 56-6312873) 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.