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.

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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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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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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