Leo C Parent Scholarship Tr II is a 501(c)(3) organization based in Grand Forks, North Dakota, registered in 2010, with $152,028 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$152K
▲ 366.4% vs prior year
Education median: $200K
Expenses (FY2024)
$66K
Net assets
$1.7M
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 Leo C Parent Scholarship Tr II— 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 Leo C Parent Scholarship Tr II: 299 mo reserves · +56% 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 Leo C Parent Scholarship Tr II— 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 Leo C Parent Scholarship Tr II: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue held steady from $150K (FY2020) to $152K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
56.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $152,028▲366% | $66,133▲12.4% | $1,650,534▲5.5% | $1,650,534▲5.5% | 990PF |
| 2023 | -$57,063▼200% | $58,823▲9.8% | $1,564,795▼7.0% | $1,564,795▼7.0% | 990PF |
| 2022 | $57,233▼85.2% | $53,590▼32.4% | $1,682,150▲0.2% | $1,682,150▲0.2% | 990PF |
| 2021 | $386,140▲158% | $79,268▲47.8% | $1,678,507▲22.6% | $1,678,507▲22.6% | 990PF |
| 2020 | $149,777 | $53,647 | $1,368,755 | $1,368,755 | 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 Leo C Parent Scholarship Tr II (EIN 26-6312571) 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.