Mary I Gourley Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Mary I Gourley Scholarship Foundation is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1986, with $75,820 in FY2024 revenue. CharityIndex grades it F.
2501 Parkview Dr Ste 630, Fort Worth, TX, 76102 EIN 75-2052592 Since 1986
Revenue (FY2024)
$76K
▼ 74.1% vs prior year
Expenses (FY2024)
$702K
Net assets
$6.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 I Gourley 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 →
FFinancial health25% of the rating118 mo reserves · -826% margin
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 I Gourley Scholarship Foundation: 118 mo reserves · -826% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 I Gourley 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 I Gourley Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2501 Parkview Dr Ste 630, Fort Worth, TX, 76102
- City
- Fort Worth
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $627K (FY2013) to $76K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $600Net assets $6.9M
Operating margin
-825.7%
Spent more than it raised in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$600
Net assets
$6.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,820▼74.1% | $701,851▲1.5% | $6,889,690▼8.3% | $6,890,290▼8.4% | 990 |
| 2023 | $293,302▲27.9% | $691,521▲11.9% | $7,515,721▼5.0% | $7,518,438▼5.0% | 990 |
| 2022 | $229,314▼62.3% | $618,101▲14.7% | $7,913,940▼4.7% | $7,914,689▼4.7% | 990 |
| 2021 | $608,768▲481% | $538,665▼14.5% | $8,302,727▲0.9% | $8,303,944▲0.8% | 990 |
| 2020 | -$159,605▼116% | $630,041▼17.0% | $8,232,624▼9.1% | $8,237,931▼9.0% | 990 |
| 2019 | $988,444▲260% | $759,395▼13.7% | $9,054,400▲2.6% | $9,054,400▲2.6% | 990 |
| 2018 | $274,600▼3.9% | $879,839▲0.2% | $8,822,295▼4.5% | $8,822,295▼4.5% | 990 |
| 2017 | $285,833▼35.1% | $878,354▲5.3% | $9,240,738▼7.8% | $9,240,738▼7.8% | 990 |
| 2015 | $440,755▼13.9% | $833,852▲2.4% | $10,025,775▼6.4% | $10,025,775▼6.4% | 990 |
| 2014 | $512,122▼18.3% | $813,919▲0.7% | $10,712,404▼10.6% | $10,712,404▼10.6% | 990 |
| 2013 | $627,174 | $807,917▲6.5% | $11,981,317▲4.3% | $11,981,317▲4.3% | 990 |
| 2012 | — | $758,768▲4.9% | $11,490,679▲1.0% | $11,490,679▲1.0% | 990 |
| 2011 | — | $723,614▼5.3% | $11,376,890▼4.8% | $11,376,890▼4.8% | 990 |
| 2010 | — | $764,334 | $11,952,134 | $11,952,134 | 990 |
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.
Frequently asked questions
- Is Mary I Gourley Scholarship Foundation a legitimate nonprofit?
- Yes. Mary I Gourley Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2052592, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Mary I Gourley Scholarship Foundation's EIN?
- Mary I Gourley Scholarship Foundation's Employer Identification Number (EIN) is 75-2052592.
- How much revenue does Mary I Gourley Scholarship Foundation report?
- Mary I Gourley Scholarship Foundation reported $75,820 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mary I Gourley Scholarship Foundation have?
- CharityIndex grades Mary I Gourley Scholarship Foundation F, based on financial health (reserves and operating margin).
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Data for Mary I Gourley Scholarship Foundation (EIN 75-2052592) 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.