Parsons-decatur County Higher Education Foundation is a 501(c)(3) organization based in Parsons, Tennessee, registered in 2010, with $888,664 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$889K
▲ 5.4% vs prior year
Education median: $200K
Expenses (FY2024)
$425K
Net assets
$9.5M
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 Parsons-decatur County Higher Education Foundation— 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 Parsons-decatur County Higher Education Foundation: 269 mo reserves · +52% 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 Parsons-decatur County Higher Education Foundation— 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 Parsons-decatur County Higher Education Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $612K (FY2013) to $889K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
52.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.5M
Total liabilities
$0
Net assets
$9.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $888,664▲5.4% | $425,274▼1.4% | $9,520,383▲5.1% | $9,520,383▲5.1% | 990 |
| 2023 | $843,017▲21.2% | $431,519▲7.6% | $9,056,993▲4.8% | $9,056,993▲4.8% | 990 |
| 2022 | $695,498▲4.7% | $401,187▲6.4% | $8,645,495▲3.5% | $8,645,495▲3.5% | 990 |
| 2021 | $664,529▼33.8% | $377,091▼57.5% | $8,351,184▲2.3% | $8,351,184▲2.3% | 990 |
| 2020 | $1,004,454▲43.3% | $887,724▲136% | $8,163,410▲1.5% | $8,163,410▲1.5% | 990 |
| 2019 | $700,782▼12.9% | $375,606▲5.0% | $8,046,680▲4.2% | $8,046,680▲4.2% | 990 |
| 2018 | $804,985▲42.9% | $357,553▼3.5% | $7,721,504▲6.2% | $7,721,504▲3.7% | 990 |
| 2017 | $563,404▲7.4% | $370,372▲19.3% | $7,274,072▲2.7% | $7,448,484▲3.0% | 990 |
| 2016 | $524,816▼28.3% | $310,503▲15.5% | $7,081,040▲3.1% | $7,234,790▲3.1% | 990 |
| 2015 | $732,283▼45.7% | $268,884▲28.6% | $6,866,727▲7.2% | $7,019,797▲7.1% | 990 |
| 2014 | $1,349,558▲121% | $209,065▲9.8% | $6,403,328▲21.7% | $6,556,478▲15.6% | 990 |
| 2013 | $611,963 | $190,430▼7.3% | $5,262,835▲8.7% | $5,671,710▲17.2% | 990 |
| 2012 | — | $205,333▲18.1% | $4,841,302▲3.8% | $4,841,302▲3.8% | 990 |
| 2011 | — | $173,902▼19.1% | $4,664,393▲25.5% | $4,664,393▼5.9% | 990 |
| 2010 | — | $214,907 | $3,718,068 | $4,955,379 | 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 Parsons-decatur County Higher Education Foundation (EIN 27-0456021) 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.