Sumner O Hancock Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Sumner O Hancock Scholarship Fund is a 501(c)(3) organization based in Casco, Maine, registered in 1994, with $35,303 in FY2022 revenue. CharityIndex grades it C.
Po Box 295, Casco, ME, 04015 EIN 01-6028898 Since 1994
Revenue (FY2022)
$35K
▼ 6.4% vs prior year
Expenses (FY2022)
$38K
Net assets
$373K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
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 Sumner O Hancock 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 →
B+Financial health25% of the rating117 mo reserves · -8% 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 Sumner O Hancock Scholarship Fund: 117 mo reserves · -8% 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 Sumner O Hancock 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 →
FTransparency10% of the rating0 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 Sumner O Hancock Scholarship Fund: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $15K (FY2015) to $35K (FY2022) across 8 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $373K
Operating margin
-8.0%
Spent more than it raised in the latest fiscal year.
Total assets
$373K
Total liabilities
$0
Net assets
$373K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $35,303▼6.4% | $38,140▼20.3% | $373,261▼1.2% | $373,261▼1.2% | 990PF |
| 2021 | $37,706▲48.8% | $47,840▲79.3% | $377,672▼3.2% | $377,672▼3.2% | 990PF |
| 2020 | $25,342▼10.5% | $26,684▼6.9% | $390,227▼0.9% | $390,227▼0.9% | 990PF |
| 2019 | $28,318▼38.5% | $28,663▼0.4% | $393,907▼0.2% | $393,907▼0.2% | 990PF |
| 2018 | $46,044▼84.9% | $28,779▲80.1% | $394,733▲4.6% | $394,733▲4.6% | 990PF |
| 2017 | $304,632▲1726% | $15,979▲9.4% | $377,468▲319% | $377,468▲319% | 990PF |
| 2016 | $16,685▲9.5% | $14,611▼18.5% | $90,183▲1.4% | $90,183▲1.4% | 990PF |
| 2015 | $15,237 | $17,932 | $88,961 | $88,961 | 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.
Frequently asked questions
- Is Sumner O Hancock Scholarship Fund a legitimate nonprofit?
- Yes. Sumner O Hancock Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6028898, based in Casco, Maine. Donations are tax-deductible.
- What is Sumner O Hancock Scholarship Fund's EIN?
- Sumner O Hancock Scholarship Fund's Employer Identification Number (EIN) is 01-6028898.
- How much revenue does Sumner O Hancock Scholarship Fund report?
- Sumner O Hancock Scholarship Fund reported $35,303 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Sumner O Hancock Scholarship Fund have?
- CharityIndex grades Sumner O Hancock Scholarship Fund C, based on financial health (reserves and operating margin).
More nonprofits in Casco
Explore more
Data for Sumner O Hancock Scholarship Fund (EIN 01-6028898) 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.