Velma M Skeen French Tr
Only null% goes to programs Strong reserves Declining revenue
Velma M Skeen French Tr is a 501(c)(3) organization based in Coldwater, Michigan, registered in 1995, with $31,305 in FY2024 revenue. CharityIndex grades it F.
Po Box 309, Coldwater, MI, 49036 EIN 38-6418911 Since 1995
Revenue (FY2024)
$31K
▼ 64.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$76K
Net assets
$655K
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 Velma M Skeen French Tr— 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 rating103 mo reserves · -144% 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 Velma M Skeen French Tr: 103 mo reserves · -144% 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 Velma M Skeen French Tr— 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 Velma M Skeen French Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 309, Coldwater, MI, 49036
- City
- Coldwater
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $47K (FY2020) to $31K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $655K
Operating margin
-144.4%
Spent more than it raised in the latest fiscal year.
Total assets
$655K
Total liabilities
$0
Net assets
$655K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,305▼64.5% | $76,498▲21.5% | $654,600▼6.4% | $654,600▼6.4% | 990PF |
| 2023 | $88,251▲33202% | $62,973▼24.6% | $699,418▲3.8% | $699,418▲3.8% | 990PF |
| 2022 | $265▼99.8% | $83,568▲40.8% | $674,101▼11.1% | $674,101▼11.1% | 990PF |
| 2021 | $133,876▲188% | $59,373▼23.4% | $758,163▲10.9% | $758,163▲10.9% | 990PF |
| 2020 | $46,547 | $77,482 | $683,724 | $683,724 | 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 Velma M Skeen French Tr a legitimate nonprofit?
- Yes. Velma M Skeen French Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6418911, based in Coldwater, Michigan. Donations are tax-deductible.
- What is Velma M Skeen French Tr's EIN?
- Velma M Skeen French Tr's Employer Identification Number (EIN) is 38-6418911.
- How much revenue does Velma M Skeen French Tr report?
- Velma M Skeen French Tr reported $31,305 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Velma M Skeen French Tr have?
- CharityIndex grades Velma M Skeen French Tr F, based on financial health (reserves and operating margin).
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Data for Velma M Skeen French Tr (EIN 38-6418911) 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.