Lundgren-svoboda Memorial Scholarship Fund is a 501(c)(3) organization based in Jordan, Minnesota, registered in 2019, with $22,000 in FY2025 revenue. CharityIndex grades it C.
Revenue (FY2025)
$22K
▲ 25.7% vs prior year
Education median: $200K
Expenses (FY2025)
$24K
Net assets
$2,796
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 Lundgren-svoboda 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 →
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 Lundgren-svoboda Memorial Scholarship Fund: 1 mo reserves · -11% margin earns a C+ 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 Lundgren-svoboda 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 →
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 Lundgren-svoboda Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $16K (FY2020) to $22K (FY2025) across 6 reported years.
Financial snapshot
Operating margin
-10.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2,796
Total liabilities
$0
Net assets
$2,796
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $22,000▲25.7% | $24,351▲28.6% | $2,796▼45.7% | $2,796▼45.7% | 990PF |
| 2024 | $17,500 | $18,936▲0.9% | $5,147▼21.8% | $5,147▼21.8% | 990PF |
| 2023 | $17,500▼18.6% | $18,776▲0.3% | $6,583▼16.2% | $6,583▼16.2% | 990PF |
| 2022 | $21,500▼10.4% | $18,726▼19.7% | $7,859▲54.6% | $7,859▲54.6% | 990PF |
| 2021 | $24,000▲54.8% | $23,317▲50.2% | $5,085▲15.5% | $5,085▲15.5% | 990PF |
| 2020 | $15,500 | $15,525 | $4,402 | $4,402 | 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 Lundgren-svoboda Memorial Scholarship Fund (EIN 83-2728319) 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.