Verna A Narovec Scholarship Tr is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 2003, with $10,397 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$10K
▲ 13.4% vs prior year
Education median: $200K
Expenses (FY2024)
$15K
Net assets
$180K
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 Verna A Narovec Scholarship Tr— 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 Verna A Narovec Scholarship Tr: 140 mo reserves · -48% margin earns a D 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 Verna A Narovec Scholarship Tr— 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 Verna A Narovec Scholarship Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $30K (FY2018) to $10K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-48.2%
Spent more than it raised in the latest fiscal year.
Total assets
$180K
Total liabilities
$0
Net assets
$180K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,397▲13.4% | $15,404▲18.3% | $180,133▼2.7% | $180,133▼2.7% | 990PF |
| 2023 | $9,168▲130% | $13,020▼27.1% | $185,071▼2.1% | $185,071▼2.1% | 990PF |
| 2022 | $3,979▼78.8% | $17,858▲5.3% | $188,955▼5.7% | $188,955▼5.7% | 990PF |
| 2021 | $18,752▲117% | $16,958▲3.6% | $200,388▲0.9% | $200,388▲0.9% | 990PF |
| 2020 | $8,624▲64.2% | $16,368▼2.9% | $198,589▼3.8% | $198,589▼3.8% | 990PF |
| 2019 | $5,253▼82.5% | $16,860▲26.3% | $206,333▼4.3% | $206,333▼4.3% | 990PF |
| 2018 | $30,005 | $13,353 | $215,701 | $215,701 | 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 Verna A Narovec Scholarship Tr (EIN 46-6119372) 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.