Ola Warren & John W Patterson Jr Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
Ola Warren & John W Patterson Jr Scholarship Fund is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 1995, with $41,495 in FY2024 revenue. CharityIndex grades it C.
Po Box 505, Saint Louis, MO, 63166 EIN 58-6314688 Since 1995
Revenue (FY2024)
$41K
▲ 72.4% vs prior year
Education median: $200K
Expenses (FY2024)
$48K
Net assets
$754K
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 Ola Warren & John W Patterson Jr 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 →
C+Financial health25% of the rating190 mo reserves · -15% 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 Ola Warren & John W Patterson Jr Scholarship Fund: 190 mo reserves · -15% margin earns a C+ 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 Ola Warren & John W Patterson Jr 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 →
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 Ola Warren & John W Patterson Jr Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 505, Saint Louis, MO, 63166
- City
- Saint Louis
- State
- Missouri
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue declined from $81K (FY2019) to $41K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $754K
Operating margin
-15.1%
Spent more than it raised in the latest fiscal year.
Total assets
$754K
Total liabilities
$0
Net assets
$754K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $41,495▲72.4% | $47,740▼15.8% | $754,397▼0.7% | $754,397▼0.7% | 990PF |
| 2023 | $24,066▼23.2% | $56,704▼12.1% | $759,924▼4.1% | $759,924▼4.1% | 990PF |
| 2022 | $31,321▼67.9% | $64,539▲14.9% | $792,089▼4.0% | $792,089▼4.0% | 990PF |
| 2021 | $97,470▲77.2% | $56,187▲6.2% | $825,456▲5.3% | $825,456▲5.3% | 990PF |
| 2020 | $55,002▼32.5% | $52,904▼3.1% | $784,039▲0.3% | $784,039▲0.3% | 990PF |
| 2019 | $81,426 | $54,586 | $782,083 | $782,083 | 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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Frequently asked questions
- Is Ola Warren & John W Patterson Jr Scholarship Fund a legitimate nonprofit?
- Yes. Ola Warren & John W Patterson Jr Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-6314688, based in Saint Louis, Missouri. Donations are tax-deductible.
- What is Ola Warren & John W Patterson Jr Scholarship Fund's EIN?
- Ola Warren & John W Patterson Jr Scholarship Fund's Employer Identification Number (EIN) is 58-6314688.
- How much revenue does Ola Warren & John W Patterson Jr Scholarship Fund report?
- Ola Warren & John W Patterson Jr Scholarship Fund reported $41,495 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ola Warren & John W Patterson Jr Scholarship Fund have?
- CharityIndex grades Ola Warren & John W Patterson Jr Scholarship Fund C, based on financial health (reserves and operating margin).
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Data for Ola Warren & John W Patterson Jr Scholarship Fund (EIN 58-6314688) 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.