William E & Myrtle A Jones Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
William E & Myrtle A Jones Scholarship Trust is a 501(c)(3) organization based in Mattoon, Illinois, registered in 1992, with $10,211 in FY2023 revenue. CharityIndex grades it F.
Po Box 529, Mattoon, IL, 61938 EIN 37-6298727 Since 1992
Revenue (FY2023)
$10K
▲ 250.1% vs prior year
Expenses (FY2023)
$17K
Net assets
$206K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 William E & Myrtle A Jones 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 →
FFinancial health25% of the rating149 mo reserves · -62% margin
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 William E & Myrtle A Jones Scholarship Trust: 149 mo reserves · -62% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 William E & Myrtle A Jones 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 William E & Myrtle A Jones Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $15K (FY2013) to $10K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $206K
Operating margin
-62.2%
Spent more than it raised in the latest fiscal year.
Total assets
$206K
Total liabilities
$0
Net assets
$206K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $10,211▲250% | $16,564▲0.8% | $206,082▼3.0% | $206,082▼3.0% | 990PF |
| 2022 | $2,917▼86.8% | $16,427▼40.6% | $212,435▼6.0% | $212,435▼6.0% | 990PF |
| 2021 | $22,088▲589% | $27,664▲75.7% | $225,945▼2.4% | $225,945▼2.4% | 990PF |
| 2020 | $3,208▼57.2% | $15,743▼0.8% | $231,521▼5.1% | $231,521▼5.1% | 990PF |
| 2019 | $7,504▼22.0% | $15,868▼3.1% | $244,056▼3.3% | $244,056▼3.3% | 990PF |
| 2018 | $9,622▼35.9% | $16,372▲1.1% | $252,420▼2.6% | $252,420▼2.6% | 990PF |
| 2017 | $15,010▼33.0% | $16,201▼0.6% | $259,170▼0.5% | $259,170▼0.5% | 990PF |
| 2016 | $22,392▲222% | $16,294▼4.4% | $260,361▲2.4% | $260,361▲2.4% | 990PF |
| 2015 | $6,957▼68.8% | $17,052▲1.6% | $254,263▼3.8% | $254,263▼3.8% | 990PF |
| 2014 | $22,310▲47.0% | $16,784▼0.1% | $264,358▲2.1% | $264,358▲2.1% | 990PF |
| 2013 | $15,179 | $16,793▲2.0% | $258,832▼0.6% | $258,832▼0.6% | 990PF |
| 2012 | — | $16,466▼1.6% | $260,446▼2.2% | $260,446▼2.2% | 990PF |
| 2011 | — | $16,730▲24.6% | $266,320▼1.1% | $266,320▼1.1% | 990PF |
| 2010 | — | $13,426 | $269,262 | $269,262 | 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.
Frequently asked questions
- Is William E & Myrtle A Jones Scholarship Trust a legitimate nonprofit?
- Yes. William E & Myrtle A Jones Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-6298727, based in Mattoon, Illinois. Donations are tax-deductible.
- What is William E & Myrtle A Jones Scholarship Trust's EIN?
- William E & Myrtle A Jones Scholarship Trust's Employer Identification Number (EIN) is 37-6298727.
- How much revenue does William E & Myrtle A Jones Scholarship Trust report?
- William E & Myrtle A Jones Scholarship Trust reported $10,211 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does William E & Myrtle A Jones Scholarship Trust have?
- CharityIndex grades William E & Myrtle A Jones Scholarship Trust F, based on financial health (reserves and operating margin).
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Data for William E & Myrtle A Jones Scholarship Trust (EIN 37-6298727) 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.