Louis K Mulford Scholarship Foundation is a 501(c)(3) organization based in Arvada, Colorado, registered in 1974, with $77,400 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$77K
▲ 142.8% vs prior year
Expenses (FY2024)
$17K
Net assets
$321K
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 Louis K Mulford Scholarship Foundation— 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 Louis K Mulford Scholarship Foundation: 223 mo reserves · +78% 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 Louis K Mulford Scholarship Foundation— 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 Louis K Mulford Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $16K (FY2013) to $77K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
77.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$321K
Total liabilities
$0
Net assets
$321K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,400▲143% | $17,243▼3.9% | $320,744▲23.1% | $320,744▲23.1% | 990PF |
| 2023 | $31,877▲136% | $17,945▼11.3% | $260,587▲5.6% | $260,587▲5.6% | 990PF |
| 2022 | $13,519▼83.9% | $20,236▼28.3% | $246,655▼2.7% | $246,655▼2.7% | 990PF |
| 2021 | $83,877▲52.7% | $28,235▼2.2% | $253,372▲28.1% | $253,372▲28.1% | 990PF |
| 2020 | $54,947▲719% | $28,882▼13.8% | $197,730▲15.2% | $197,730▲15.2% | 990PF |
| 2019 | $6,711▼7.8% | $33,521▼0.5% | $171,665▼13.5% | $171,665▼13.5% | 990PF |
| 2018 | $7,275▼59.5% | $33,699▲6.9% | $198,475▼11.8% | $198,475▼11.8% | 990PF |
| 2017 | $17,964▲221% | $31,510▼11.5% | $224,903▼5.7% | $224,903▼5.7% | 990PF |
| 2016 | $5,593▼58.0% | $35,616▼15.4% | $238,449▼11.2% | $238,449▼11.2% | 990PF |
| 2015 | $13,324▼57.5% | $42,099▼0.7% | $268,472▼9.7% | $268,472▼9.7% | 990PF |
| 2014 | $31,364▲98.8% | $42,390▼1.8% | $297,247▼3.6% | $297,247▼3.6% | 990PF |
| 2013 | $15,774 | $43,163▲12.8% | $308,273▼8.2% | $308,273▼8.2% | 990PF |
| 2012 | — | $38,258▼5.1% | $335,662▼6.1% | $335,662▼6.1% | 990PF |
| 2011 | — | $40,293▲2.1% | $357,397▼3.5% | $357,397▼3.5% | 990PF |
| 2010 | — | $39,472 | $370,281 | $370,281 | 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 Louis K Mulford Scholarship Foundation (EIN 23-7398275) 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.