Rosa L Parks Scholarship Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Rosa L Parks Scholarship Foundation Inc is a 501(c)(3) organization based in White Lake, Michigan, registered in 1982, with $168,500 in FY2024 revenue. CharityIndex grades it B.
5191 Ona Lake Dr, White Lake, MI, 48383 EIN 38-2339613 Since 1982
Revenue (FY2024)
$169K
▼ 20.9% vs prior year
Education median: $200K
Expenses (FY2024)
$127K
Net assets
$326K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Rosa L Parks Scholarship Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +25% 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 Rosa L Parks Scholarship Foundation Inc: 31 mo reserves · +25% margin earns a A 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 Rosa L Parks Scholarship Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Rosa L Parks Scholarship Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5191 Ona Lake Dr, White Lake, MI, 48383
- City
- White Lake
- State
- Michigan
- Category
- Education
- Subcategory
- Student Services & Aid
- Website
- …
Financial trends
Revenue grew from $72K (FY2010) to $169K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $326K
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$326K
Total liabilities
$0
Net assets
$326K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,500▼20.9% | $126,552▼17.8% | $325,572▲14.8% | $325,572▲14.8% | 990 |
| 2023 | $212,997▲67.6% | $153,992▲20.8% | $283,624▲26.3% | $283,624▲26.3% | 990 |
| 2022 | $127,079▼4.8% | $127,523▲15.0% | $224,619▼0.2% | $224,619▼2.0% | 990EZ |
| 2021 | $133,436▼50.9% | $110,866▲5.8% | $225,063▲11.1% | $229,163▲12.6% | 990EZ |
| 2020 | $271,654▲223% | $104,754▲48.2% | $202,493▲469% | $203,493▲441% | 990 |
| 2019 | $84,005▲6.3% | $70,698▼22.4% | $35,593▲59.7% | $37,593▲54.8% | 990EZ |
| 2018 | $79,053▲10.5% | $91,155▼3.2% | $22,286▼35.2% | $24,286▼29.4% | 990EZ |
| 2017 | $71,509▼19.9% | $94,184▼6.4% | $34,388▼39.7% | $34,388▼39.7% | 990EZ |
| 2016 | $89,325▲3.4% | $100,618▼1.2% | $57,063▼16.5% | $57,063▼20.0% | 990EZ |
| 2015 | $86,387▲13.9% | $101,870▲15.6% | $68,356▼18.5% | $71,356▼19.7% | 990EZ |
| 2014 | $75,812▼5.1% | $88,088▲6.3% | $83,839▼12.8% | $88,839▼12.1% | 990EZ |
| 2013 | $79,887▼10.7% | $82,884▼1.0% | $96,115▼3.0% | $101,115▼1.9% | 990EZ |
| 2012 | $89,446▼15.7% | $83,722▼5.2% | $99,112▲6.1% | $103,112▲5.9% | 990EZ |
| 2011 | $106,075▲47.6% | $88,273 | $93,388▲23.6% | $97,388▲25.5% | 990EZ |
| 2010 | $71,882 | $88,309 | $75,586 | $77,586 | 990EZ |
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.
Grants received · $307K total
5 grants to Rosa L Parks Scholarship Foundation Inc totaling $307K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Scholarship | 2024 | $64,069 |
| Community Foundation For Southeast Michigan | Scholarship | 2023 | $63,091 |
| Community Foundation For Southeast Michigan | General operations | 2022 | $62,454 |
| Community Foundation For Southeast Michigan | General operations | 2021 | $58,654 |
| Community Foundation For Southeast Michigan | General operations | 2020 | $58,658 |
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Frequently asked questions
- Is Rosa L Parks Scholarship Foundation Inc a legitimate nonprofit?
- Yes. Rosa L Parks Scholarship Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2339613, based in White Lake, Michigan. Donations are tax-deductible.
- What is Rosa L Parks Scholarship Foundation Inc's EIN?
- Rosa L Parks Scholarship Foundation Inc's Employer Identification Number (EIN) is 38-2339613.
- How much revenue does Rosa L Parks Scholarship Foundation Inc report?
- Rosa L Parks Scholarship Foundation Inc reported $168,500 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rosa L Parks Scholarship Foundation Inc have?
- CharityIndex grades Rosa L Parks Scholarship Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Rosa L Parks Scholarship Foundation Inc (EIN 38-2339613) 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.