Consistent 0% officer compensation across all filings, indicating high efficiency in executive costs.
No reported liabilities across all periods, suggesting sound financial management.
Long operational history (10 filings provided) for a small organization.
Modest asset base indicates a lean operation focused on direct program delivery.
Spending Breakdown
How Aaron Arnoldsen Memorial Scholarship Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Aaron Arnoldsen Memorial Scholarship Fund
Is Aaron Arnoldsen Memorial Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Aaron Arnoldsen Memorial Scholarship Fund (EIN: 200031216) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Aaron Arnoldsen Memorial Scholarship Fund a good charity to donate to?
Aaron Arnoldsen Memorial Scholarship Fund has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aaron Arnoldsen Memorial Scholarship Fund?
The Employer Identification Number (EIN) for Aaron Arnoldsen Memorial Scholarship Fund is 200031216. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Aaron Arnoldsen Memorial Scholarship Fund spend its money?
Aaron Arnoldsen Memorial Scholarship Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aaron Arnoldsen Memorial Scholarship Fund's tax-exempt status?
You can verify Aaron Arnoldsen Memorial Scholarship Fund's tax-exempt status using EIN 200031216 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Aaron Arnoldsen Memorial Scholarship Fund appears to be a small, volunteer-run organization focused on providing scholarships. Its financial health shows a pattern of operating near break-even, with expenses often slightly exceeding revenue, as seen in 202012 where expenses were $29,332 against revenue of $27,424. The organization's assets have remained modest, peaking at $7,200 in 201812, indicating a lean operational model without significant reserves. The latest filing shows $0 in both revenue and assets, which could indicate a period of inactivity or a change in reporting, warranting further investigation.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, which is a positive indicator for donor dollars directly supporting the mission. The organization's small scale and consistent operation over a decade, despite fluctuating revenues, suggest a dedicated effort to maintain its scholarship program.
Transparency is generally good given the consistent filing of IRS Form 990s. The absence of liabilities across all reported periods is also a positive sign of financial prudence. However, the lack of detailed functional expense data (programs, admin, fundraising) in the provided summary limits a deeper analysis of how efficiently funds are allocated beyond the absence of executive compensation. The $0 revenue and assets in the latest period are a significant data point that would require reviewing the actual 990-EZ or 990-N filing to understand the context.