The@paul F Ronci Memorial Trust Scholarship Fund
Only null% goes to programs Strong reserves Declining revenue
The@paul F Ronci Memorial Trust Scholarship Fund is a 501(c)(3) organization based in Harmony, Rhode Island, registered in 1998, with $9,222 in FY2024 revenue. CharityIndex grades it D.
Po Box 515, Harmony, RI, 02829 EIN 58-6368004 Since 1998
Revenue (FY2024)
$9,222
▲ 142.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$27K
Net assets
$270K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 The@paul F Ronci Memorial Trust 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 →
FFinancial health25% of the rating121 mo reserves · -190% 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 The@paul F Ronci Memorial Trust Scholarship Fund: 121 mo reserves · -190% margin earns a F 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 The@paul F Ronci Memorial Trust 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 →
CTransparency10% of the rating2 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 The@paul F Ronci Memorial Trust Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 515, Harmony, RI, 02829
- City
- Harmony
- State
- Rhode Island
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue declined from $14K (FY2017) to $9,222 (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $288Net assets $270K
Operating margin
-190.5%
Spent more than it raised in the latest fiscal year.
Total assets
$271K
Total liabilities
$288
Net assets
$270K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,222▲142% | $26,787▼21.4% | $270,465▼0.3% | $270,753▼0.2% | 990PF |
| 2023 | $3,808▼40.5% | $34,071▲32.3% | $271,205▼10.0% | $271,205▼10.0% | 990PF |
| 2022 | $6,402▼58.8% | $25,751▲3.1% | $301,468▼5.5% | $301,468▼6.0% | 990PF |
| 2021 | $15,532▲49.5% | $24,972▼15.8% | $319,176▼2.9% | $320,818▼2.7% | 990PF |
| 2020 | $10,389▼24.8% | $29,653▼21.9% | $328,616▼5.5% | $329,751▼5.9% | 990PF |
| 2019 | $13,820▼36.4% | $37,954▲11.8% | $347,880▼5.7% | $350,325▼5.4% | 990PF |
| 2018 | $21,741▲57.3% | $33,956▼1.9% | $368,975▼3.2% | $370,168▼3.3% | 990PF |
| 2017 | $13,820 | $34,613▼12.5% | $381,190▼19.9% | $382,918▼19.5% | 990PF |
| 2012 | — | $39,576 | $475,893 | $475,893 | 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 The@paul F Ronci Memorial Trust Scholarship Fund a legitimate nonprofit?
- Yes. The@paul F Ronci Memorial Trust Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-6368004, based in Harmony, Rhode Island. Donations are tax-deductible.
- What is The@paul F Ronci Memorial Trust Scholarship Fund's EIN?
- The@paul F Ronci Memorial Trust Scholarship Fund's Employer Identification Number (EIN) is 58-6368004.
- How much revenue does The@paul F Ronci Memorial Trust Scholarship Fund report?
- The@paul F Ronci Memorial Trust Scholarship Fund reported $9,222 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The@paul F Ronci Memorial Trust Scholarship Fund have?
- CharityIndex grades The@paul F Ronci Memorial Trust Scholarship Fund D, based on financial health (reserves and operating margin).
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Data for The@paul F Ronci Memorial Trust Scholarship Fund (EIN 58-6368004) 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.