Tom F Ivey Memorial Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Tom F Ivey Memorial Scholarship Fund is a 501(c)(3) organization based in Sinton, Texas, registered in 1965, with $7,525 in FY2024 revenue. CharityIndex grades it B.
Po Box 655, Sinton, TX, 78387 EIN 74-1483218 Since 1965
Revenue (FY2024)
$7,525
▼ 5.7% vs prior year
Expenses (FY2024)
$2,300
Net assets
$74K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 F Ivey Memorial 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 →
B+Financial health25% of the rating387 mo reserves · +69% 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 F Ivey Memorial Scholarship Fund: 387 mo reserves · +69% 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 F Ivey Memorial 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 Tom F Ivey Memorial Scholarship Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $940 (FY2021) to $7,525 (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
69.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$74K
Net assets
$74K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,525▼5.7% | $2,300▼8.0% | $74,118▲7.6% | $74,118▲7.6% | 990EZ |
| 2023 | $7,982▲32.8% | $2,500 | $68,893▲8.6% | $68,893▲8.6% | 990EZ |
| 2022 | $6,009▲539% | $2,500 | $63,411▲5.9% | $63,411▲5.9% | 990EZ |
| 2021 | $940 | $2,500 | $59,902 | $59,902 | 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.
Frequently asked questions
- Is Tom F Ivey Memorial Scholarship Fund a legitimate nonprofit?
- Yes. Tom F Ivey Memorial Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1483218, based in Sinton, Texas. Donations are tax-deductible.
- What is Tom F Ivey Memorial Scholarship Fund's EIN?
- Tom F Ivey Memorial Scholarship Fund's Employer Identification Number (EIN) is 74-1483218.
- How much revenue does Tom F Ivey Memorial Scholarship Fund report?
- Tom F Ivey Memorial Scholarship Fund reported $7,525 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tom F Ivey Memorial Scholarship Fund have?
- CharityIndex grades Tom F Ivey Memorial Scholarship Fund B, based on financial health (reserves and operating margin).
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Data for Tom F Ivey Memorial Scholarship Fund (EIN 74-1483218) 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.