Wabasha-kellogg Scholarship Foundation is a 501(c)(3) organization based in Wabasha, Minnesota, registered in 2013, with $79,424 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$79K
▲ 31.9% vs prior year
Education median: $200K
Expenses (FY2024)
$74K
Net assets
$228K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Wabasha-kellogg Scholarship Foundation— 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 Wabasha-kellogg Scholarship Foundation: 37 mo reserves · +7% margin earns a A 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 Wabasha-kellogg Scholarship Foundation— 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 Wabasha-kellogg Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $44K (FY2020) to $79K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$228K
Total liabilities
$0
Net assets
$228K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,424▲31.9% | $73,540▲65.4% | $228,304▲2.6% | $228,304▲2.6% | 990EZ |
| 2023 | $60,229▲9.6% | $44,455▼38.6% | $222,420▲7.6% | $222,420▲7.6% | 990EZ |
| 2022 | $54,939▲0.2% | $72,461▲67.3% | $206,646▼7.8% | $206,646▼7.8% | 990EZ |
| 2021 | $54,834▲23.9% | $43,306▼36.2% | $224,168▲5.4% | $224,168▲5.4% | 990EZ |
| 2020 | $44,269 | $67,883 | $212,640 | $212,640 | 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.
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Data for Wabasha-kellogg Scholarship Foundation (EIN 46-1620270) 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.