Nellie L Sparrell Educational Trust is a 501(c)(3) organization based in Norwell, Massachusetts, registered in 2014, with $69,183 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$69K
▲ 66.3% vs prior year
Education median: $200K
Expenses (FY2024)
$23K
Net assets
$947K
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 Nellie L Sparrell Educational 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 Nellie L Sparrell Educational Trust: 490 mo reserves · +66% 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 Nellie L Sparrell Educational 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 Nellie L Sparrell Educational Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $57K (FY2017) to $69K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
66.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$947K
Total liabilities
$0
Net assets
$947K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $69,183▲66.3% | $23,195▲27.4% | $947,387▲13.9% | $947,387▲13.9% | 990 |
| 2023 | $41,597▲3.5% | $18,211▼11.2% | $832,043▲64.1% | $832,043▲64.1% | 990 |
| 2018 | $40,201▼29.5% | $20,510▲24.6% | $507,124▼11.4% | $507,124▼11.4% | 990 |
| 2017 | $57,044 | $16,457 | $572,166 | $572,166 | 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.
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Data for Nellie L Sparrell Educational Trust (EIN 04-6259904) 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.