Theresa A Mike Scholarship Fund is a 501(c)(3) organization based in Coachella, California, registered in 2014, with $229,347 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$229K
▲ 32.3% vs prior year
Education median: $200K
Expenses (FY2024)
$285K
Net assets
$1.0M
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 Theresa A Mike 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 Theresa A Mike Scholarship Fund: 43 mo reserves · -24% margin earns a C+ 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 Theresa A Mike 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 Theresa A Mike Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.5M (FY2014) to $229K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-24.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$11K
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $229,347▲32.3% | $285,136▲39.7% | $1,020,864▼2.9% | $1,031,955▼1.9% | 990 |
| 2023 | $173,377▲231% | $204,044▼0.2% | $1,051,548▲3.4% | $1,051,573▲3.4% | 990 |
| 2022 | $52,408▲24.2% | $204,521▲19.9% | $1,016,883▼21.6% | $1,016,908▼21.6% | 990 |
| 2021 | $42,213▼40.2% | $170,607▼5.1% | $1,296,851▼11.8% | $1,296,876▼11.9% | 990 |
| 2020 | $70,605▼56.1% | $179,865▲30.2% | $1,470,081▼2.3% | $1,472,506▼2.9% | 990 |
| 2019 | $160,781▼3.0% | $138,134▼34.8% | $1,504,350▲9.7% | $1,516,275▲10.6% | 990 |
| 2018 | $165,813▲9.0% | $211,753▲91.7% | $1,370,869▼9.7% | $1,370,869▼9.7% | 990 |
| 2017 | $152,160▲33.5% | $110,469▲5.8% | $1,517,596▲9.8% | $1,517,596▲9.8% | 990 |
| 2016 | $113,977▼32.9% | $104,422▼18.9% | $1,382,743▲2.9% | $1,382,743▲2.9% | 990 |
| 2015 | $169,861▼88.8% | $128,763▲71.1% | $1,343,943▼6.9% | $1,343,943▼7.1% | 990 |
| 2014 | $1,518,194 | $75,243 | $1,442,951 | $1,447,186 | 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.
1 grant to Theresa A Mike Scholarship Fund totaling $5,023, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2023 | $5,023 |
Explore more
Data for Theresa A Mike Scholarship Fund (EIN 45-4613889) 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.