Justin B Weaver Scholarship Fund Inc
Only null% goes to programs Strong reserves Declining revenue
Justin B Weaver Scholarship Fund Inc is a 501(c)(3) organization based in Thomaston, Connecticut, registered in 2019, with $2,832 in FY2024 revenue. CharityIndex grades it F.
461 Cedar Mountain Rd, Thomaston, CT, 06787 EIN 83-3241708 Since 2019
Revenue (FY2024)
$2,832
▼ 80.9% vs prior year
Education median: $200K
Expenses (FY2024)
$5,767
Net assets
$9,300
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 Justin B Weaver Scholarship Fund Inc— 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 rating19 mo reserves · -104% 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 Justin B Weaver Scholarship Fund Inc: 19 mo reserves · -104% 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 Justin B Weaver Scholarship Fund Inc— 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 Justin B Weaver Scholarship Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 461 Cedar Mountain Rd, Thomaston, CT, 06787
- City
- Thomaston
- State
- Connecticut
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $15K (FY2019) to $2,832 (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $9,300
Operating margin
-103.6%
Spent more than it raised in the latest fiscal year.
Total assets
$9,300
Total liabilities
$0
Net assets
$9,300
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,832▼80.9% | $5,767▼56.3% | $9,300▼24.0% | $9,300▼24.0% | 990PF |
| 2023 | $14,829▲14729% | $13,203▲413% | $12,235▲15.3% | $12,235▲15.3% | 990PF |
| 2022 | $100▼99.4% | $2,574▼65.1% | $10,609▼18.9% | $10,609▼18.9% | 990PF |
| 2021 | $17,925▲615% | $7,374▲13.7% | $13,083▲417% | $13,083▲417% | 990PF |
| 2020 | $2,506▼83.7% | $6,488▼26.7% | $2,532▼61.1% | $2,532▼61.1% | 990PF |
| 2019 | $15,371 | $8,857 | $6,514 | $6,514 | 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 Justin B Weaver Scholarship Fund Inc a legitimate nonprofit?
- Yes. Justin B Weaver Scholarship Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-3241708, based in Thomaston, Connecticut. Donations are tax-deductible.
- What is Justin B Weaver Scholarship Fund Inc's EIN?
- Justin B Weaver Scholarship Fund Inc's Employer Identification Number (EIN) is 83-3241708.
- How much revenue does Justin B Weaver Scholarship Fund Inc report?
- Justin B Weaver Scholarship Fund Inc reported $2,832 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Justin B Weaver Scholarship Fund Inc have?
- CharityIndex grades Justin B Weaver Scholarship Fund Inc F, based on financial health (reserves and operating margin).
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Data for Justin B Weaver Scholarship Fund Inc (EIN 83-3241708) 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.