Louis P Ledet Memorial Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Louis P Ledet Memorial Scholarship Fund is a 501(c)(3) organization based in Broussard, Louisiana, registered in 1991, with $56,530 in FY2024 revenue. CharityIndex grades it C+.
101 Berrybrook Ave, Broussard, LA, 70518 EIN 72-1122540 Since 1991
Revenue (FY2024)
$57K
▲ 102.0% vs prior year
Expenses (FY2024)
$39K
Net assets
$721K
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 Louis P Ledet 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 rating223 mo reserves · +31% 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 Louis P Ledet Memorial Scholarship Fund: 223 mo reserves · +31% 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 Louis P Ledet 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 Louis P Ledet Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $17K (FY2015) to $57K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $721K
Operating margin
31.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$721K
Total liabilities
$0
Net assets
$721K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,530▲102% | $38,856▲14.1% | $720,632▲3.7% | $720,632▲3.7% | 990 |
| 2023 | $27,981▼22.4% | $34,058▲10.7% | $694,616▲4.3% | $694,616▲4.3% | 990 |
| 2022 | $36,040▼21.6% | $30,764▲0.8% | $665,664▼9.1% | $665,664▼9.1% | 990 |
| 2021 | $45,967▲96.5% | $30,508▲0.2% | $732,673▲16.0% | $732,673▲16.0% | 990 |
| 2020 | $23,387▼92.6% | $30,447▼5.0% | $631,362▲20.2% | $631,362▲20.2% | 990 |
| 2019 | $314,461▲1952% | $32,037▲126% | $525,370▲135% | $525,370▲135% | 990 |
| 2018 | $15,327▼22.3% | $14,166▲4.5% | $223,175▼2.5% | $223,175▼2.5% | 990EZ |
| 2017 | $19,720▲20.6% | $13,562▼5.8% | $228,982▲7.9% | $228,982▲7.9% | 990EZ |
| 2016 | $16,348▼3.0% | $14,400▲0.7% | $212,201▲2.4% | $212,201▲2.4% | 990EZ |
| 2015 | $16,845 | $14,298 | $207,237 | $207,237 | 990EZ |
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.
Frequently asked questions
- Is Louis P Ledet Memorial Scholarship Fund a legitimate nonprofit?
- Yes. Louis P Ledet Memorial Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1122540, based in Broussard, Louisiana. Donations are tax-deductible.
- What is Louis P Ledet Memorial Scholarship Fund's EIN?
- Louis P Ledet Memorial Scholarship Fund's Employer Identification Number (EIN) is 72-1122540.
- How much revenue does Louis P Ledet Memorial Scholarship Fund report?
- Louis P Ledet Memorial Scholarship Fund reported $56,530 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louis P Ledet Memorial Scholarship Fund have?
- CharityIndex grades Louis P Ledet Memorial Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Louis P Ledet Memorial Scholarship Fund (EIN 72-1122540) 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.