Mars & Verna Rolfson Scholarship Trust is a 501(c)(3) organization based in Billings, Montana, registered in 1990, with $25,414 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$25K
▼ 47.3% vs prior year
Expenses (FY2024)
$28K
Net assets
$471K
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 Mars & Verna Rolfson 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 →
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 Mars & Verna Rolfson Scholarship Trust: 201 mo reserves · -10% 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 Mars & Verna Rolfson 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 →
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 Mars & Verna Rolfson Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $19K (FY2013) to $25K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-10.5%
Spent more than it raised in the latest fiscal year.
Total assets
$471K
Total liabilities
$0
Net assets
$471K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,414▼47.3% | $28,071▼5.7% | $471,240▼0.5% | $471,240▼0.5% | 990PF |
| 2023 | $48,254▲6975% | $29,755▼8.6% | $473,780▲4.0% | $473,780▲4.0% | 990PF |
| 2022 | $682▼98.8% | $32,572▼0.9% | $455,486▼6.0% | $455,486▼6.0% | 990PF |
| 2021 | $57,895▲280% | $32,866▲5.8% | $484,677▲5.4% | $484,677▲5.4% | 990PF |
| 2020 | $15,217▼36.1% | $31,066▲1.9% | $459,696▼3.3% | $459,696▼3.3% | 990PF |
| 2019 | $23,823▼10.6% | $30,472▼8.6% | $475,187▼1.4% | $475,187▼1.4% | 990PF |
| 2018 | $26,650▼6.7% | $33,351▼1.2% | $482,056▼4.7% | $482,056▼4.7% | 990PF |
| 2015 | $28,573▲54.2% | $33,773▲7.1% | $505,872▼0.8% | $505,872▼0.8% | 990PF |
| 2014 | $18,524▼4.1% | $31,529▼2.3% | $509,892▼2.7% | $509,892▼2.7% | 990PF |
| 2013 | $19,309 | $32,279▼1.7% | $524,031▼2.4% | $524,031▼2.4% | 990PF |
| 2012 | — | $32,840 | $536,997 | $536,997 | 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 Mars & Verna Rolfson Scholarship Trust (EIN 36-3677368) 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.