Frank Glowaty Legacy Scholarship for Catholic Education
Nonprofit profile at a glance
- EIN
- 923494103
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Plainfield, IL, USA
- Phone
- 8153476058
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $16,141
- Expenses
- $5,500
- Assets
- $45,036
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CHARLENE GLOWATY (PRESIDENT)
People named in this filing
- CHARLENE GLOWATY (PRESIDENT)
- COURTNEY HAIRALD (DIRECTOR)
- STACEY OBRIEN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organized for charitable, educational, and any purpose permitted to be exempt from taxation under section 501(c) or 501(d) of the united states internal revenue code, as now in or hereafter amended.
What it reported doing in 2025
The frank glowaty legacy scholarship for catholic education hosted its annual frank glowaty golf classic to raise money for a scholarship fund for catholic education.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 85
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 86
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 65.9%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 8.19; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -17.8% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 41.5% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 85.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.