Robert L Nichols Jr Scholarship Foundation
Only null% goes to programs Strong reserves
Robert L Nichols Jr Scholarship Foundation is a 501(c)(3) organization based in Dwg, Texas, registered in 1968, with $42,236 in FY2024 revenue. CharityIndex grades it C+.
3303 Sunset Ln, Dwg, TX, 76016 EIN 75-6081322 Since 1968
Revenue (FY2024)
$42K
▲ 122.9% vs prior year
Education median: $200K
Expenses (FY2024)
$35K
Net assets
$780K
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 Robert L Nichols Jr Scholarship Foundation— 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 rating271 mo reserves · +18% 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 Robert L Nichols Jr Scholarship Foundation: 271 mo reserves · +18% 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 Robert L Nichols Jr Scholarship Foundation— 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 Robert L Nichols Jr Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3303 Sunset Ln, Dwg, TX, 76016
- City
- Dwg
- State
- Texas
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $17K (FY2015) to $42K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $780K
Operating margin
18.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$780K
Total liabilities
$0
Net assets
$780K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $42,236▲123% | $34,509▲9.5% | $780,252▲1.0% | $780,252▲1.0% | 990PF |
| 2023 | $18,951▼31.0% | $31,505▼22.4% | $772,526▼1.6% | $772,526▼1.6% | 990PF |
| 2022 | $27,475▼44.2% | $40,593▲18.9% | $785,081▼1.6% | $785,081▼1.6% | 990PF |
| 2021 | $49,206▼90.4% | $34,127▲60.3% | $798,200▲1.9% | $798,200▲1.9% | 990PF |
| 2020 | $513,291▲3936% | $21,285▲28.9% | $783,121▲169% | $783,121▲169% | 990PF |
| 2019 | $12,719▼16.3% | $16,510▲59.9% | $291,117▼1.3% | $291,117▼1.3% | 990PF |
| 2018 | $15,190▼5.1% | $10,326▼0.4% | $294,908▲1.7% | $294,908▲1.7% | 990PF |
| 2017 | $16,008▲19.1% | $10,370▲0.8% | $290,044▲2.0% | $290,044▲2.0% | 990PF |
| 2016 | $13,439▼22.5% | $10,292▼35.7% | $284,406▲1.7% | $284,406▲1.7% | 990PF |
| 2015 | $17,348 | $15,998 | $279,708 | $279,708 | 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 Robert L Nichols Jr Scholarship Foundation a legitimate nonprofit?
- Yes. Robert L Nichols Jr Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6081322, based in Dwg, Texas. Donations are tax-deductible.
- What is Robert L Nichols Jr Scholarship Foundation's EIN?
- Robert L Nichols Jr Scholarship Foundation's Employer Identification Number (EIN) is 75-6081322.
- How much revenue does Robert L Nichols Jr Scholarship Foundation report?
- Robert L Nichols Jr Scholarship Foundation reported $42,236 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert L Nichols Jr Scholarship Foundation have?
- CharityIndex grades Robert L Nichols Jr Scholarship Foundation C+, based on financial health (reserves and operating margin).
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Data for Robert L Nichols Jr Scholarship Foundation (EIN 75-6081322) 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.