T Franklin Cheek Jr Scholarship Fund
Only null% goes to programs Strong reserves Growing revenue
T Franklin Cheek Jr Scholarship Fund is a 501(c)(3) organization based in Newbern, Tennessee, registered in 2002, with $72,594 in FY2024 revenue. CharityIndex grades it C+.
518 Church Grove Rd, Newbern, TN, 38059 EIN 62-1849605 Since 2002
Revenue (FY2024)
$73K
▲ 111.4% vs prior year
Education median: $200K
Expenses (FY2024)
$65K
Net assets
$600K
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 T Franklin Cheek Jr 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 rating110 mo reserves · +10% 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 T Franklin Cheek Jr Scholarship Fund: 110 mo reserves · +10% 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 T Franklin Cheek Jr 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 →
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 T Franklin Cheek Jr Scholarship Fund: 1 of 5 disclosure signals earns a D 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
- 518 Church Grove Rd, Newbern, TN, 38059
- City
- Newbern
- State
- Tennessee
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $33K (FY2013) to $73K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $600K
Operating margin
9.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$600K
Total liabilities
$0
Net assets
$600K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $72,594▲111% | $65,461▲48.8% | $599,641▲1.2% | $599,641▲1.2% | 990PF |
| 2023 | $34,346▲115% | $44,003▲693% | $592,508▼1.6% | $592,508▼1.6% | 990PF |
| 2022 | $15,959▼68.2% | $5,548▼86.4% | $602,165▲1.8% | $602,165▲1.8% | 990PF |
| 2021 | $50,220▲64.4% | $40,688▲1116% | $591,754▲1.6% | $591,754▲1.6% | 990PF |
| 2020 | $30,555▲4.8% | $3,346▼83.4% | $582,222▼37.2% | $582,222▼37.2% | 990PF |
| 2019 | $29,160▼20.2% | $20,161▼29.7% | $926,649▲7.0% | $926,649▲7.0% | 990PF |
| 2018 | $36,520▼17.0% | $28,692▲42.6% | $865,779▲1.1% | $865,779▲1.1% | 990PF |
| 2017 | $44,014▲124% | $20,116▼26.8% | $856,693▲2.9% | $856,693▲2.9% | 990PF |
| 2016 | $19,628▼35.3% | $27,499▼4.5% | $832,795▲0.1% | $832,795▲0.1% | 990PF |
| 2015 | $30,342▼19.2% | $28,806▲7.5% | $831,620▲0.2% | $831,620▲0.2% | 990PF |
| 2014 | $37,545▲15.5% | $26,795▼2.5% | $830,083▲1.3% | $830,083▲1.3% | 990PF |
| 2013 | $32,516 | $27,477 | $819,332▲0.6% | $819,332▲0.6% | 990PF |
| 2012 | — | $27,476▼3.2% | $814,294▼0.4% | $814,294▼0.4% | 990PF |
| 2011 | — | $28,370 | $817,848 | $817,853 | 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 T Franklin Cheek Jr Scholarship Fund a legitimate nonprofit?
- Yes. T Franklin Cheek Jr Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1849605, based in Newbern, Tennessee. Donations are tax-deductible.
- What is T Franklin Cheek Jr Scholarship Fund's EIN?
- T Franklin Cheek Jr Scholarship Fund's Employer Identification Number (EIN) is 62-1849605.
- How much revenue does T Franklin Cheek Jr Scholarship Fund report?
- T Franklin Cheek Jr Scholarship Fund reported $72,594 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does T Franklin Cheek Jr Scholarship Fund have?
- CharityIndex grades T Franklin Cheek Jr Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for T Franklin Cheek Jr Scholarship Fund (EIN 62-1849605) 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.