Waverly-shell Rock Educational Fund is a 501(c)(3) organization based in Waverly, Iowa, registered in 2014, with $127,768 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$128K
▼ 54.0% vs prior year
Education median: $200K
Expenses (FY2024)
$103K
Net assets
$690K
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 Waverly-shell Rock Educational Fund— 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 Waverly-shell Rock Educational Fund: 81 mo reserves · +20% margin earns a B+ 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 Waverly-shell Rock Educational Fund— 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 Waverly-shell Rock Educational Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $68K (FY2015) to $128K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
19.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$690K
Total liabilities
$0
Net assets
$690K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,768▼54.0% | $102,707▼5.1% | $689,996▲3.8% | $689,996▲3.8% | 990 |
| 2023 | $277,715▲130% | $108,216▼9.3% | $664,935▲34.2% | $664,935▲34.2% | 990 |
| 2022 | $120,654▲7.5% | $119,270▲42.1% | $495,436▲0.3% | $495,436▲0.3% | 990 |
| 2021 | $112,279▼27.9% | $83,909▲7.1% | $494,052▲6.1% | $494,052▲6.1% | 990 |
| 2020 | $155,779▲36.3% | $78,376▲3.9% | $465,682▲19.9% | $465,682▲19.9% | 990 |
| 2019 | $114,301▲11.1% | $75,405▲23.7% | $388,279▲11.1% | $388,279▲11.1% | 990EZ |
| 2018 | $102,927▲59.4% | $60,942▼8.2% | $349,383▲13.7% | $349,383▲13.7% | 990EZ |
| 2017 | $64,588▲15.1% | $66,419▲14.8% | $307,398▼0.6% | $307,398▼0.6% | 990EZ |
| 2016 | $56,116▼17.5% | $57,879▼7.5% | $309,229▼0.6% | $309,229▼0.6% | 990EZ |
| 2015 | $67,983 | $62,603 | $310,992 | $310,992 | 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 Waverly-shell Rock Educational Fund (EIN 46-2385902) 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.