Lynn R & Karl E Prickett Fund is a 501(c)(3) organization based in Greensboro, North Carolina, registered in 1965, with $135,534 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$136K
▼ 4.3% vs prior year
Expenses (FY2024)
$218K
Net assets
$3.1M
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 Lynn R & Karl E Prickett 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 Lynn R & Karl E Prickett Fund: 170 mo reserves · -61% margin earns a F 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 Lynn R & Karl E Prickett 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 Lynn R & Karl E Prickett Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $283K (FY2013) to $136K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-60.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $135,534▼4.3% | $217,948▼6.1% | $3,091,143▼4.9% | $3,091,143▼4.9% | 990PF |
| 2023 | $141,635▲39.4% | $232,016▼18.4% | $3,250,524▼12.3% | $3,250,524▼12.3% | 990PF |
| 2022 | $101,581▼2.5% | $284,506▼8.0% | $3,708,012▼11.2% | $3,708,012▼11.2% | 990PF |
| 2021 | $104,147▼13.7% | $309,332▼5.7% | $4,177,204▼6.6% | $4,177,204▼6.6% | 990PF |
| 2020 | $120,672▼16.5% | $328,053▼3.5% | $4,473,740▲21.1% | $4,473,740▲21.1% | 990PF |
| 2019 | $144,551▼10.9% | $340,024▼15.7% | $3,693,502▼12.0% | $3,693,502▼12.0% | 990PF |
| 2018 | $162,171▼13.6% | $403,487▲3.2% | $4,196,113▼13.0% | $4,196,113▼13.0% | 990PF |
| 2017 | $187,806▼1.2% | $390,960▼22.0% | $4,820,485▼11.2% | $4,820,485▼11.2% | 990PF |
| 2016 | $190,011▼6.3% | $501,540▲1.5% | $5,430,063▼12.1% | $5,430,063▼12.1% | 990PF |
| 2015 | $202,893▼14.9% | $494,243▼15.8% | $6,180,101▼9.0% | $6,180,101▼9.0% | 990PF |
| 2014 | $238,439▼15.7% | $586,685▲0.1% | $6,794,296▼7.2% | $6,794,296▼7.2% | 990PF |
| 2013 | $282,777 | $585,854▼11.4% | $7,325,200▼9.3% | $7,325,200▼9.3% | 990PF |
| 2012 | — | $661,286▼7.2% | $8,076,314▼10.4% | $8,076,314▼10.4% | 990PF |
| 2011 | — | $712,857 | $9,017,017 | $9,017,017 | 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 Lynn R & Karl E Prickett Fund (EIN 56-6064788) 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.