Is Bridgton High School Scholarship Foundation Legit?

Quick charity verification for Bridgton High School Scholarship Foundation (EIN: 16012127)

Verdict: Bridgton High School Scholarship Foundation appears trustworthy

95/100Mission Score
$0Revenue
$0Assets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Bridgton High School Scholarship Foundation demonstrates strong financial health and a clear commitment to its mission of providing scholarships. Over the past several years, the organization has consistently maintained a healthy asset base, growing from $539,757 in 2011 to $888,286 in 2019. Revenue streams have shown some variability, with a peak of $201,315 in 2018, but expenses have remained remarkably low and stable, indicating efficient operations. For instance, in 2019, with revenues of $179,834, expenses were only $28,675, suggesting a significant portion of funds are retained for future scholarship disbursements or endowment growth. The consistent reporting of 0% officer compensation across all filings further underscores a dedication to directing resources towards programmatic goals rather than administrative overhead. The foundation's financial practices appear transparent and focused on long-term sustainability to support its educational mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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