Lucinda L Jasper Scholarship Fund

Nonprofit profile at a glance

EIN
521907425
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-N 2024
Location
Washington, DC, USA
Phone
3017805313
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards
Affiliation
Christianity

Official website

Reported finances

Revenue
$2,568
Expenses
$7,000
Assets
$4,617
Liabilities
$7,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Timothy Yingling (Vice President)
  • Carrie Jasper (President)

People named in this filing

  • Margaret Jackson (Member-at-Large)
  • Cecilia Westray (Historian)
  • Richard Philip Yingling (Web Master)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2025

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)

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 54
  • Accountability: 76
  • Sustainability: 19
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 14th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -172.6%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 1.52; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 0% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: 12% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: -64.9% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2024 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 58/100.