Louise J Jones Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Louise J Jones Scholarship Trust is a 501(c)(3) organization based in Canton, Illinois, registered in 1991, with $9,504 in FY2024 revenue. CharityIndex grades it F.
Po Box 310, Canton, IL, 61520 EIN 37-6267157 Since 1991
Revenue (FY2024)
$9,504
▲ 49.5% vs prior year
Expenses (FY2024)
$15K
Net assets
$138K
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 Louise J Jones Scholarship Trust— 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 rating107 mo reserves · -63% 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 Louise J Jones Scholarship Trust: 107 mo reserves · -63% 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 Louise J Jones Scholarship Trust— 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 Louise J Jones Scholarship Trust: 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 $3,541 (FY2020) to $9,504 (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $138K
Operating margin
-62.6%
Spent more than it raised in the latest fiscal year.
Total assets
$138K
Total liabilities
$0
Net assets
$138K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,504▲49.5% | $15,453▼12.2% | $137,995▼4.2% | $137,995▼4.2% | 990PF |
| 2023 | $6,358▲16.8% | $17,606▲14.2% | $143,978▼5.7% | $143,978▼7.2% | 990PF |
| 2022 | $5,445▼61.0% | $15,413▲48.4% | $152,646▼6.2% | $155,221▼4.6% | 990PF |
| 2021 | $13,979▲295% | $10,383▲7.7% | $162,658▲2.3% | $162,658▲2.3% | 990PF |
| 2020 | $3,541 | $9,640 | $159,072 | $159,072 | 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.
Frequently asked questions
- Is Louise J Jones Scholarship Trust a legitimate nonprofit?
- Yes. Louise J Jones Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-6267157, based in Canton, Illinois. Donations are tax-deductible.
- What is Louise J Jones Scholarship Trust's EIN?
- Louise J Jones Scholarship Trust's Employer Identification Number (EIN) is 37-6267157.
- How much revenue does Louise J Jones Scholarship Trust report?
- Louise J Jones Scholarship Trust reported $9,504 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Louise J Jones Scholarship Trust have?
- CharityIndex grades Louise J Jones Scholarship Trust F, based on financial health (reserves and operating margin).
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Data for Louise J Jones Scholarship Trust (EIN 37-6267157) 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.