Verle E & Lora M Soice Scholarship Trust is a 501(c)(3) organization based in Montezuma, Kansas, registered in 2001, with $569 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$569
▲ 399.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$2,427
Net assets
$22K
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 Verle E & Lora M Soice Scholarship Trust— 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 Verle E & Lora M Soice Scholarship Trust: 107 mo reserves · -327% margin earns a F 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 Verle E & Lora M Soice Scholarship Trust— 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 Verle E & Lora M Soice Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $340 (FY2013) to $569 (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-326.5%
Spent more than it raised in the latest fiscal year.
Total assets
$22K
Total liabilities
$0
Net assets
$22K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $569▲399% | $2,427▲2.7% | $21,561▼7.9% | $21,561▼7.9% | 990PF |
| 2022 | $114▼18.0% | $2,363▼0.5% | $23,419▼8.8% | $23,419▼8.8% | 990PF |
| 2021 | $139▼79.0% | $2,375▲1.6% | $25,668▼8.0% | $25,668▼8.0% | 990PF |
| 2020 | $662▲61.1% | $2,337▼3.5% | $27,904▲13.5% | $27,904▲13.5% | 990PF |
| 2019 | $411▲45.7% | $2,422▲2.8% | $24,579▼7.6% | $24,579▼7.6% | 990PF |
| 2018 | $282▲23.7% | $2,355▲1.0% | $26,590▼7.2% | $26,590▼7.2% | 990PF |
| 2017 | $228▲16.3% | $2,332▲0.9% | $28,663▼6.8% | $28,663▼6.8% | 990PF |
| 2016 | $196▲24.1% | $2,312▼0.2% | $30,767▼6.4% | $30,767▼6.4% | 990PF |
| 2015 | $158▼30.7% | $2,316 | $32,883▼6.2% | $32,883▼6.2% | 990PF |
| 2014 | $228▼32.9% | $2,315▼0.5% | $35,041▼5.6% | $35,041▼5.6% | 990PF |
| 2013 | $340 | $2,326▼0.9% | $37,128▼5.1% | $37,128▼5.1% | 990PF |
| 2012 | — | $2,346▲46.6% | $39,114▲1.6% | $39,114▲1.6% | 990PF |
| 2011 | — | $1,600▼3.5% | $38,501▼2.1% | $38,501▼2.1% | 990PF |
| 2010 | — | $1,658 | $39,321 | $39,321 | 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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Data for Verle E & Lora M Soice Scholarship Trust (EIN 48-6366941) 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.