Watters-humphrey Leas Scholarship Tr is a 501(c)(92) organization based in Champaign, Illinois, with $45,043 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$45K
▲ 77.9% vs prior year
Expenses (FY2024)
$181K
Net assets
$845K
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 Watters-humphrey Leas 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 Watters-humphrey Leas Scholarship Tr: 56 mo reserves · -302% 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 Watters-humphrey Leas 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 Watters-humphrey Leas Scholarship Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $25K (FY2022) to $45K (FY2024) across 2 reported years.
Financial snapshot
Operating margin
-302.3%
Spent more than it raised in the latest fiscal year.
Total assets
$845K
Total liabilities
$0
Net assets
$845K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $45,043▲77.9% | $181,186▲434% | $844,721▲35.6% | $844,721▲35.6% | 990PF |
| 2022 | $25,313 | $33,916 | $623,059 | $623,059 | 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 Watters-humphrey Leas Scholarship Tr (EIN 81-6937726) 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.