Tom C & Mary Reitch Scholarship
Only null% goes to programs Strong reserves
Tom C & Mary Reitch Scholarship is a 501(c)(3) organization based in Richardson, Texas, registered in 2000, with $324,149 in FY2024 revenue. CharityIndex grades it C+.
2600 North Central Exwpy Ste 700, Richardson, TX, 75080 EIN 52-7033946 Since 2000
Revenue (FY2024)
$324K
▲ 888.3% vs prior year
Education median: $200K
Expenses (FY2024)
$138K
Net assets
$1.7M
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 Tom C & Mary Reitch Scholarship— 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 rating148 mo reserves · +57% 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 Tom C & Mary Reitch Scholarship: 148 mo reserves · +57% 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 Tom C & Mary Reitch Scholarship— 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 Tom C & Mary Reitch Scholarship: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2600 North Central Exwpy Ste 700, Richardson, TX, 75080
- City
- Richardson
- State
- Texas
- Category
- Education
- Subcategory
- Student Services & Aid
Financial trends
Revenue grew from $214K (FY2014) to $324K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
57.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $324,149▲888% | $137,934▲12.2% | $1,706,622▲30.7% | $1,706,622▲30.7% | 990PF |
| 2023 | $32,800▲410% | $122,972▼6.3% | $1,305,703▼18.7% | $1,305,703▼18.7% | 990PF |
| 2022 | -$10,570▼103% | $131,181▼1.1% | $1,606,387▼8.1% | $1,606,387▼8.1% | 990PF |
| 2021 | $370,229▲177% | $132,630▲23.0% | $1,748,105▲17.4% | $1,748,105▲17.4% | 990PF |
| 2020 | $133,538▲29.5% | $107,808▼1.7% | $1,489,330▲2.0% | $1,489,330▲2.0% | 990PF |
| 2019 | $103,105▼31.3% | $109,719▼1.6% | $1,460,614▼1.1% | $1,460,614▼1.1% | 990PF |
| 2018 | $150,108▲4.8% | $111,448▲11.1% | $1,476,817▲3.1% | $1,476,817▲3.1% | 990PF |
| 2017 | $143,222▼33.0% | $100,288▼4.4% | $1,432,582▼7.4% | $1,432,582▼7.4% | 990PF |
| 2014 | $213,613 | $104,870 | $1,546,408 | $1,546,408 | 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 Tom C & Mary Reitch Scholarship a legitimate nonprofit?
- Yes. Tom C & Mary Reitch Scholarship is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-7033946, based in Richardson, Texas. Donations are tax-deductible.
- What is Tom C & Mary Reitch Scholarship's EIN?
- Tom C & Mary Reitch Scholarship's Employer Identification Number (EIN) is 52-7033946.
- How much revenue does Tom C & Mary Reitch Scholarship report?
- Tom C & Mary Reitch Scholarship reported $324,149 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tom C & Mary Reitch Scholarship have?
- CharityIndex grades Tom C & Mary Reitch Scholarship C+, based on financial health (reserves and operating margin).
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Data for Tom C & Mary Reitch Scholarship (EIN 52-7033946) 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.