Morris E & Ethel Carlton Wheeler Scholarship Fund is a 501(c)(3) organization based in Tulsa, Oklahoma, registered in 2000, with $58,077 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$58K
▲ 78.3% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$50K
Net assets
$478K
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 Morris E & Ethel Carlton Wheeler 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 Morris E & Ethel Carlton Wheeler Scholarship Fund: 116 mo reserves · +15% 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 Morris E & Ethel Carlton Wheeler 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 Morris E & Ethel Carlton Wheeler Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $48K (FY2014) to $58K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
14.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$478K
Total liabilities
$0
Net assets
$478K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $58,077▲78.3% | $49,553▲147% | $478,237▲1.7% | $478,237▲1.7% | 990PF |
| 2023 | $32,577▲99.5% | $20,040▼53.5% | $470,229▲2.8% | $470,229▼1.0% | 990PF |
| 2022 | $16,328▼69.1% | $43,098▲6.1% | $457,399▼5.8% | $474,893▼5.4% | 990PF |
| 2021 | $52,827▲53.0% | $40,631▲9.4% | $485,798▲2.4% | $501,904▲2.5% | 990PF |
| 2020 | $34,536▲46.7% | $37,148▲8.2% | $474,616▼0.5% | $489,680▲0.8% | 990PF |
| 2019 | $23,543▼38.3% | $34,331▼7.7% | $477,151▼2.3% | $485,865▼0.8% | 990PF |
| 2018 | $38,172▲29.6% | $37,182▼6.5% | $488,142▲0.4% | $489,994▲0.8% | 990PF |
| 2017 | $29,448▼38.9% | $39,760▲9.6% | $486,262▼2.8% | $486,262▼3.0% | 990PF |
| 2016 | $48,224▲1.3% | $36,267▼14.6% | $500,446▲2.2% | $501,412▲2.4% | 990PF |
| 2014 | $47,609 | $42,456 | $489,730 | $489,730 | 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 Morris E & Ethel Carlton Wheeler Scholarship Fund (EIN 73-6252523) 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.