Is Alice M And Samuel Yarnold Scholarship Tr Legit?

The Alice M And Samuel Yarnold Scholarship Tr appears to be a well-managed scholarship fund with a consistent history of supporting its program. Over the past several years, the organization has maintained a healthy asset base, with assets growing from $711,224 in 2011 to $845,930 in 2023. The organization consistently reports 0% officer compensation, indicating a volunteer-driven or externally managed structure, which is a positive sign for donor confidence and efficiency. While revenue can fluctuate, as seen with a low of $-3,005 in 2011 and a high of $125,007 in 2021, the organization's expenses have remained relatively stable, typically in the range of $40,000-$60,000 annually, demonstrating predictable operational costs. The organization's primary function as a scholarship trust suggests that the majority of its expenses would be direct program services, which aligns with good financial health for a nonprofit of this type.