The Black Excellence Awards- Louvenia Johnson Scholarship Fund is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1991, with $27,849 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$28K
▼ 63.5% vs prior year
Education median: $200K
Expenses (FY2024)
$57K
Net assets
$12K
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 The Black Excellence Awards- Louvenia Johnson 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 The Black Excellence Awards- Louvenia Johnson Scholarship Fund: 3 mo reserves · -104% 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 The Black Excellence Awards- Louvenia Johnson 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 The Black Excellence Awards- Louvenia Johnson Scholarship Fund: 1 of 5 disclosure signals earns a D 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.
Revenue declined from $40K (FY2017) to $28K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-104.0%
Spent more than it raised in the latest fiscal year.
Total assets
$12K
Total liabilities
$0
Net assets
$12K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,849▼63.5% | $56,809▼51.0% | $11,869▼70.9% | $11,869▼70.9% | 990EZ |
| 2023 | $76,233▼34.0% | $115,854▲106% | $40,829▼49.2% | $40,829▼49.2% | 990EZ |
| 2022 | $115,574▲277% | $56,281▲91.3% | $80,450▲280% | $80,450▲280% | 990EZ |
| 2021 | $30,692▲5401% | $29,426▲1.1% | $21,157▲6.4% | $21,157▲6.4% | 990EZ |
| 2020 | -$579▼102% | $29,108▼10.0% | $19,891▼67.4% | $19,891▼73.9% | 990EZ |
| 2019 | $33,938▼30.8% | $32,330▲4.4% | $60,984▲2.7% | $76,120▲13.8% | 990EZ |
| 2018 | $49,017▲23.3% | $30,953▲56.9% | $59,376▲43.7% | $66,866▲60.9% | 990EZ |
| 2017 | $39,766 | $19,734 | $41,312 | $41,562 | 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.
Explore more
Data for The Black Excellence Awards- Louvenia Johnson Scholarship Fund (EIN 39-1680458) 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.