Simeon and Jean H Locke Charitable Foundation is a 501(c)(3) organization based in Boynton Beach, Florida, registered in 2018, with $62,850 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$63K
▼ 85.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$645K
Net assets
$3.2M
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 Simeon and Jean H Locke Charitable 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 Simeon and Jean H Locke Charitable Foundation: 59 mo reserves · -926% margin earns a F 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 Simeon and Jean H Locke Charitable 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 Simeon and Jean H Locke Charitable Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $50K (FY2020) to $63K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-926.4%
Spent more than it raised in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$0
Net assets
$3.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,850▼85.9% | $645,107▲13.6% | $3,187,530▼15.4% | $3,187,530▼15.7% | 990PF |
| 2023 | $444,853▲91.9% | $567,889▼2.8% | $3,769,787▼3.2% | $3,779,787▼2.9% | 990PF |
| 2022 | $231,801▼83.7% | $584,261▼26.1% | $3,892,823▼8.3% | $3,892,823▼8.3% | 990PF |
| 2021 | $1,422,852▲2722% | $790,344▲136% | $4,245,283▲17.5% | $4,245,283▲17.5% | 990PF |
| 2020 | $50,422 | $335,347 | $3,612,775 | $3,612,775 | 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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Data for Simeon and Jean H Locke Charitable Foundation (EIN 82-6769843) 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.