North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc
Only null% goes to programs Strong reserves Growing revenue
North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1968, with $307,317 in FY2024 revenue. CharityIndex grades it C+.
Po Box 27766, Raleigh, NC, 27611 EIN 56-6091169 Since 1968
Revenue (FY2024)
$307K
▲ 30.0% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$144K
Net assets
$3.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating258 mo reserves · +53% 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 North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc: 258 mo reserves · +53% margin earns a B+ 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 North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc— 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 North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
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Contact & location
- Address
- Po Box 27766, Raleigh, NC, 27611
- City
- Raleigh
- State
- North Carolina
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Agricultural Programs
Financial trends
Revenue grew from $132K (FY2020) to $307K (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,000Net assets $3.1M
Operating margin
53.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$2,000
Net assets
$3.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $307,317▲30.0% | $143,844▲22.4% | $3,090,014▲17.3% | $3,092,014▲17.4% | 990 |
| 2022 | $236,457▼27.1% | $117,513▲0.3% | $2,633,885▼1.2% | $2,633,885▼1.2% | 990 |
| 2021 | $324,503▲145% | $117,152▲18.7% | $2,665,335▲8.4% | $2,665,335▲8.4% | 990 |
| 2020 | $132,473 | $98,704 | $2,457,984 | $2,457,984 | 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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Compare North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc
Frequently asked questions
- Is North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc a legitimate nonprofit?
- Yes. North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6091169, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc's EIN?
- North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc's Employer Identification Number (EIN) is 56-6091169.
- How much revenue does North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc report?
- North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc reported $307,317 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc have?
- CharityIndex grades North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc C+, based on financial health (reserves and operating margin).
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Data for North Carolina Farm Bureau R Flake Shaw Memorial Scholarship Fund Inc (EIN 56-6091169) 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.