Mary Agnes Scherman and Harold E Scherman Charitable Trust is a 501(c)(3) organization based in Paola, Kansas, registered in 2022, with $276,756 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$277K
▼ 92.5% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$130K
Net assets
$3.7M
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 Mary Agnes Scherman and Harold E Scherman Charitable 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 Mary Agnes Scherman and Harold E Scherman Charitable Trust: 338 mo reserves · +53% margin earns a B+ 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 Mary Agnes Scherman and Harold E Scherman Charitable 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 Mary Agnes Scherman and Harold E Scherman Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $3.7M (FY2022) to $277K (FY2023) across 2 reported years.
Financial snapshot
Operating margin
53.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$0
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $276,756▼92.5% | $130,192▲8.8% | $3,669,098▲2.5% | $3,669,098▲2.5% | 990PF |
| 2022 | $3,699,515 | $119,678 | $3,579,837 | $3,579,837 | 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 Mary Agnes Scherman and Harold E Scherman Charitable Trust (EIN 88-3945951) 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.