Charity Search / SADIE AND HOBERT FOUTS SCHOLARSHIP FUND
Philanthropy & Grantmaking (T20Z) 990 on File

SADIE AND HOBERT FOUTS SCHOLARSHIP FUND

EIN: 56-6481132 · HIGH POINT, NC 27261-2278 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 93/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$7K
Total Revenue
$9K
Total Expenses
$102K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.9%
Fundraising Efficiency N/A
Operating Reserve 138.05x
Liability-to-Asset 0.0%
Revenue Diversification 65.2%
Executive Compensation $2K
Compared with Peers
FY 2025
Compared with 11,336 similar organizations (United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.9% 86.1%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
138.1 mo 119.9 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
65.2% 92.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
49.9% 5.1%
P10P90
Expense growth
Year over year expense growth
6.5% 2.6%
P10P90
Surplus margin
Surplus as a share of revenue
-33.4% 11.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $7K $9K $102K 73.9% —
2024 $4K $8K $104K 72.6% —
2023 $4K $9K $108K 73.9% —
2022 $6K $10K $113K 70.5% —
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Organization Details
EIN
56-6481132
State
NC
City
HIGH POINT
ZIP
27261-2278
Classification
T20Z
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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