Quick charity verification for Black Hills Rodeo Scholarship Fund Inc (EIN: 202837115)
Verdict: Black Hills Rodeo Scholarship Fund Inc appears trustworthy
95/100Mission Score
$5KRevenue
$43KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Extremely low administrative and fundraising expenses, with expenses as low as $2 in 2023.
Consistent 0% officer compensation, indicating a volunteer-driven model.
Growing asset base, from $34,965 in 2014 to $53,460 in 2023, demonstrating financial stability.
Consistent IRS 990 filing history over 13 periods, indicating strong transparency and compliance.
Zero reported liabilities across all filings, suggesting excellent financial health and no debt.
AI Transparency Report
The Black Hills Rodeo Scholarship Fund Inc. demonstrates a consistent commitment to its mission, primarily through scholarship disbursements. The organization's financial health appears stable, with assets growing from $34,965 in 2014 to $53,460 in 2023, indicating prudent financial management and accumulation of resources. Spending efficiency is notably high, as evidenced by the very low reported expenses in recent years, such as $2 in 2023 and $6,250 in 2022, relative to its revenue. This suggests that a significant portion of its income is either directly applied to its program (scholarships) or retained to build its asset base for future program delivery. The organization maintains excellent transparency, reporting zero liabilities and zero officer compensation across all available filings, which are strong indicators of good governance and a focus on mission over administrative overhead. The consistent filing of IRS Form 990s over 13 periods further underscores its commitment to public accountability.