Thomas L & Mabel Grace Jones Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Thomas L & Mabel Grace Jones Scholarship Fund is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1972, with $3,503 in FY2023 revenue. CharityIndex grades it F.
Po Box 634, Milwaukee, WI, 53201 EIN 42-6144737 Since 1972
Revenue (FY2023)
$3,503
▲ 38.7% vs prior year
Expenses (FY2023)
$14K
Net assets
$111K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Thomas L & Mabel Grace Jones 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 rating95 mo reserves · -297% 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 Thomas L & Mabel Grace Jones Scholarship Fund: 95 mo reserves · -297% 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 Thomas L & Mabel Grace Jones 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 Thomas L & Mabel Grace Jones Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $10K (FY2013) to $3,503 (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $111K
Operating margin
-297.3%
Spent more than it raised in the latest fiscal year.
Total assets
$111K
Total liabilities
$0
Net assets
$111K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,503▲38.7% | $13,917▲167% | $110,632▼7.6% | $110,632▼7.6% | 990PF |
| 2022 | $2,525▼83.6% | $5,209▼19.5% | $119,795▼2.2% | $119,795▼2.2% | 990PF |
| 2021 | $15,357▲34.7% | $6,471▲36.4% | $122,478▲7.8% | $122,478▲7.8% | 990PF |
| 2020 | $11,402▲427% | $4,743▼52.6% | $113,593▲6.2% | $113,593▲6.2% | 990PF |
| 2019 | $2,164▼62.0% | $9,996▲15.6% | $106,935▼6.8% | $106,935▼6.8% | 990PF |
| 2018 | $5,701▼14.5% | $8,649▼20.4% | $114,786▼2.5% | $114,786▼2.5% | 990PF |
| 2017 | $6,665▲2214% | $10,859▲82.8% | $117,734▼3.4% | $117,734▼3.4% | 990PF |
| 2016 | $288▼92.4% | $5,939▼29.3% | $121,930▼4.4% | $121,930▼4.4% | 990PF |
| 2015 | $3,788▼76.0% | $8,396▲9.1% | $127,585▼3.5% | $127,585▼3.5% | 990PF |
| 2014 | $15,798▲57.7% | $7,699▲31.5% | $132,201▲6.5% | $132,201▲6.5% | 990PF |
| 2013 | $10,019 | $5,856▲1.9% | $124,130▲9.7% | $124,130▲3.5% | 990PF |
| 2012 | — | $5,744▼36.5% | $113,104▼8.2% | $119,967▼2.6% | 990PF |
| 2011 | — | $9,051▲37.0% | $123,179▲0.4% | $123,179▲0.4% | 990PF |
| 2010 | — | $6,607 | $122,707 | $122,707 | 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 Thomas L & Mabel Grace Jones Scholarship Fund a legitimate nonprofit?
- Yes. Thomas L & Mabel Grace Jones Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-6144737, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is Thomas L & Mabel Grace Jones Scholarship Fund's EIN?
- Thomas L & Mabel Grace Jones Scholarship Fund's Employer Identification Number (EIN) is 42-6144737.
- How much revenue does Thomas L & Mabel Grace Jones Scholarship Fund report?
- Thomas L & Mabel Grace Jones Scholarship Fund reported $3,503 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Thomas L & Mabel Grace Jones Scholarship Fund have?
- CharityIndex grades Thomas L & Mabel Grace Jones Scholarship Fund F, based on financial health (reserves and operating margin).
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Data for Thomas L & Mabel Grace Jones Scholarship Fund (EIN 42-6144737) 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.