Lubbock-cooper Scholarship Foundation is a 501(c)(3) organization based in Lubbock, Texas, registered in 2014, with $339,752 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$340K
▲ 84.1% vs prior year
Mental Health median: $333K
Expenses (FY2024)
$314K
Net assets
$230K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Lubbock-cooper 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 Lubbock-cooper Scholarship Foundation: 9 mo reserves · +8% margin earns a A 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 Lubbock-cooper 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 Lubbock-cooper Scholarship Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $134K (FY2014) to $340K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
7.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$230K
Total liabilities
$0
Net assets
$230K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $339,752▲84.1% | $313,804▲14.7% | $230,095▲12.7% | $230,095▲12.7% | 990 |
| 2023 | $184,533▼56.9% | $273,579▼2.1% | $204,147▼30.4% | $204,147▼30.4% | 990 |
| 2022 | $428,168▲163% | $279,405▲34.4% | $293,193▲103% | $293,193▲103% | 990 |
| 2021 | $162,644▼37.8% | $207,833▲45.8% | $144,430▼23.8% | $144,430▼23.8% | 990 |
| 2020 | $261,304▲20.2% | $142,554▼42.2% | $189,619▲168% | $189,619▲168% | 990 |
| 2019 | $217,363▼28.2% | $246,784▲11.3% | $70,869▼29.3% | $70,869▼29.3% | 990 |
| 2018 | $302,612▲169% | $221,696▲73.2% | $100,290▲418% | $100,290▲392% | 990 |
| 2017 | $112,613▲23.7% | $128,029▲13.2% | $19,374▼44.3% | $20,374▼41.4% | 990EZ |
| 2016 | $91,070▼32.2% | $113,093▲27.4% | $34,790▼23.5% | $34,790▼23.5% | 990EZ |
| 2014 | $134,244 | $88,742 | $45,502 | $45,502 | 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.
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Data for Lubbock-cooper Scholarship Foundation (EIN 32-0409580) 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.