LUCINDA L JASPER SCHOLARSHIP FUND

EIN: 521907425 501(c)(3) Education

Washington, DC

Total Revenue
$2,568
Total Expenses
$7,000
Total Assets
$4,617
Net Assets
$-2,383
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
DC
Principal Officer
Carrie N Jasper
Phone
3017805313
Tax Period
2025-01-01 to 2025-12-31

LUCINDA L JASPER SCHOLARSHIP FUND, founded in 1993, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $7K exceeded revenue, resulting in a 173% operating deficit.

Mission

The Lucinda L. Jasper Scholarship Fund Inc. was established to promote higher education. The fund awards scholarships to two deserving students in the eighth grade in the Archdiocese of Washington DC who plan to attend a Catholic high school in the Archdiocese of Washington DC which includes Washington DC and five counties in Maryland: St. Mary's, Calvert, Charles, Prince George's and Montgomery.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

The Lucinda L. Jasper Scholarship Fund, Inc. applies for the Combined Federal Campaign, DC One Fund, and Maryland Charity Campaign so The Lucinda L. Jasper Scholarship Fund, Inc informed participants...

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The Lucinda L. Jasper Scholarship Fund, Inc. applies for the Combined Federal Campaign, DC One Fund, and Maryland Charity Campaign so The Lucinda L. Jasper Scholarship Fund, Inc informed participants about the scholarship so funds may be donated to the scholarship fund (of which 100% of all donations go directly to the students' scholarships) for the students who win the scholarship competition. The Lucinda L. Jasper Scholarship Fund, Inc. also announces the scholarship competition annually by sending out emails, letters and post on social media the scholarship competition to schools, churches and communities within the Archdiocese of Washington D.C. The Lucinda L. Jasper Scholarship Fund, Inc. upon request from the individual Catholic schools within the Archdiocese of Washington D.C. will come to the school to inform, students, teachers, staff and parents about the scholarship. (All administrative costs are absorbed by The Lucinda L. Jasper Scholarship Fund, Inc. Committee and The Board of Directors)

Program 2
Expenses: $0 Revenue: $0

The Lucinda L. Jasper Scholarship Fund, Inc. informs participants at different national and state agencies of the scholarship. Individuals may then choose to donate to the scholarship fund (of which...

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The Lucinda L. Jasper Scholarship Fund, Inc. informs participants at different national and state agencies of the scholarship. Individuals may then choose to donate to the scholarship fund (of which 100% of all donations go directly to the students' scholarships) for the students who win the scholarship competition. All materials and giveaways such as pamphlets, pens, magnets, resource booklets, treats, and bags - items are offered to those with whom we speak and who donate BUT the costs for said oitems are absorbed by the The Lucinda L. Jasper Scholarship Fund, Inc. Committee and Board of Directors.

Program 3
Expenses: $7,000 Revenue: $0

The Lucinda L. Jasper Scholarship Fund, Inc. awards annually two scholarships in the amounts of $4000.00 and $3000.00 to two eighth grade students in the Archdiocese of Washington D.C. who will be...

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The Lucinda L. Jasper Scholarship Fund, Inc. awards annually two scholarships in the amounts of $4000.00 and $3000.00 to two eighth grade students in the Archdiocese of Washington D.C. who will be going to a Catholic high school within the Archdiocese of Washington D.C.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,423
Program Service Revenue $0
Investment Income $0
Other Revenue $1,145
TOTAL REVENUE $2,568

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,000
Other Expenses $7,000
TOTAL EXPENSES $7,000

Year-over-Year Comparison

2025 2024 Change
Revenue $2,568 $2,278 +0.1%
Expenses $7,000 $7,254 0.0%
Net Income $-4,432 $-4,976 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Jackson Member-at-Large 1
Officer Director
$0 $0 $0
Cecilia Westray Historian 1
Officer Director
$0 $0 $0
Richard Philip Yingling Web Master 1
Officer Director
$0 $0 $0
Alan Smith Member-at-Large 1
Officer Director
$0 $0 $0
Earlene E Smith Liaison to the Archdiocese 1
Officer Director
$0 $0 $0
Christian Yingling Secretary 1
Officer Director
$0 $0 $0
Denise Baken Treasurer 1
Officer Director
$0 $0 $0
Timothy Yingling Vice President 1
Officer Director
$0 $0 $0
Charmene Alston Director of Applications 2
Officer Director
$0 $0 $0
Carrie Jasper President 10
Officer Director
$0 $0 $0
Cynthia Hedgepeth Former member 0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,568 $7,000 $4,617 $-4,432
2024 $2,278 $7,254 $9,049 $-4,976
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