Josephine Lilly Wolf Memorial Scholarship Foundation
Nonprofit profile at a glance
- EIN
- 833665191
- IRS 990-EZ coverage
- 2019–2025
- Forms available
- Form 990-EZ 2025
- Location
- North St Paul, MN, USA
- Phone
- 9528364840
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $120,596
- Expenses
- $124,289
- Assets
- $56,120
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- SHAYNE HAVENS (PRESIDENT)
People named in this filing
- SHAYNE HAVENS (PRESIDENT)
- SHANNON BRUCE (VICE PRESIDE)
- MARC HAVENS (TREASURER)
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
The josephine lilly wolf foundation was formed in 2016 in honor of josephine lilly wolf. It was created to bring hope where little hope exists. The goal of the foundation is to have a profoundly positive impact on jamaican youth and share josephine's love for education by providing full tuition scholarships to graduating students of manning's high school. The success of our foundation will be measured by improvements in the quality of life of scholarship recipients, and their selection of service-oriented careers that will positively impact social justice in jamaica.
What it reported doing in 2025
In 2025, the josephine lilly wolf memorial scholarship foundation (jlwmsf) continued its work of providing college scholarships to high-achieving students of manning's (high) school, located in westmoreland, jamaica. We added two new students in 2025, both of whom are currently attending the university of west indies in jamaica. With those additions, our total number of current and prior supported students is twenty-three. Our new students are studying law and accounting. Like our prior students, our class of 2025 would not have been able to attend college without the support of our foundation. In 2025 we graduated four more students, bringing our total number of graduates to eleven. In 2025 we held our sixth annual golf tournament fundraiser. We again had thirty-six registered teams, and many more people joined for dinner and games. The fundraiser was successful. We raised approximately 28,000, which was used to support new and existing students throughout the year. At the end of 2025, hurricane melissa devastated jamaica. Melissa impacted the area of the island where most of our students were born and raised, and many of them lost or suffered severe damage to their family homes. In response, our foundation raised over 24,000 in hurricane relief, which we disbursed in early 2026. This was a special fundraising effort and not something we had done before. In 2025 we replaced one of our board members and that was our only structural change.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.9%; rating input score 99
- Program expense ratio: 95.9%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -3.1%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 15.6% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 98.9% of revenue deployed · 95.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $119K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 6 filing years from 2019 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.
- High — Sustainability: Operating margin scored 23/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.