Steven Vanover Memorial Research & Scholarship Fund is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2015, with $216,201 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$216K
▲ 47.6% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$168K
Net assets
$82K
Employees
—
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 →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 Steven Vanover Memorial Research & 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 →
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 Steven Vanover Memorial Research & Scholarship Fund: 6 mo reserves · +23% margin earns a A 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 Steven Vanover Memorial Research & 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 →
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 Steven Vanover Memorial Research & Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $96K (FY2016) to $216K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
22.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$82K
Total liabilities
$0
Net assets
$82K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $216,201▲47.6% | $167,548▲9.6% | $81,800▲147% | $81,800▲147% | 990 |
| 2023 | $146,482▼15.6% | $152,905▼25.2% | $33,147▼16.2% | $33,147▼16.2% | 990 |
| 2022 | $173,632▲3.3% | $204,409▲30.3% | $39,570▼43.8% | $39,570▼43.8% | 990 |
| 2021 | $168,018▼23.1% | $156,890▼46.7% | $70,347▲18.8% | $70,347▲18.6% | 990 |
| 2020 | $218,371▲5.2% | $294,114▲228% | $59,219▼56.1% | $59,318▼56.0% | 990 |
| 2019 | $207,492▲64.7% | $89,696▼28.1% | $134,962▲686% | $134,962▲686% | 990 |
| 2018 | $125,946▼9.8% | $124,736▼10.1% | $17,166▲7.6% | $17,166▲7.6% | 990 |
| 2017 | $139,633▲45.4% | $138,775▲49.1% | $15,956▲5.7% | $15,956▲5.7% | 990 |
| 2016 | $96,006 | $93,050 | $15,098 | $15,098 | 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.
5 grants to Steven Vanover Memorial Research & Scholarship Fund totaling $49K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2024 | $13,218 |
| American Online Giving Foundation Inc | General support | 2022 | $5,742 |
| Donor Advised Charitable Giving | Health | 2021 | $5,386 |
| The Community Foundation of Louisville Inc | Medical research | 2017 | $5,399 |
| The Community Foundation of Louisville Inc | Education | 2016 | $19,480 |
Explore more
Data for Steven Vanover Memorial Research & Scholarship Fund (EIN 47-3499843) 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.