Quick charity verification for Carh Scholarship Fund (EIN: 202938480)
Verdict: Carh Scholarship Fund appears trustworthy
92/100Mission Score
$367KRevenue
$597KAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data.
Strengths
Consistent asset growth, from $278,125 in 2014 to $512,363 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency.
Expenses consistently lower than revenue in most recent periods (e.g., $98,985 expenses vs. $157,123 revenue in 2023).
Strong financial stability with minimal to no reported liabilities.
Extensive filing history (14 filings) demonstrating transparency and consistent reporting.
Spending Breakdown
How Carh 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 Carh Scholarship Fund
Is Carh Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Carh Scholarship Fund (EIN: 202938480) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Carh Scholarship Fund a good charity to donate to?
Carh Scholarship Fund has a Mission Score of 92/100. Revenue: $367K. Assets: $597K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carh Scholarship Fund?
The Employer Identification Number (EIN) for Carh Scholarship Fund is 202938480. 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 Carh Scholarship Fund spend its money?
Carh Scholarship Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carh Scholarship Fund's tax-exempt status?
You can verify Carh Scholarship Fund's tax-exempt status using EIN 202938480 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 Carh Scholarship Fund demonstrates consistent financial health and a strong commitment to its program services. Over the past decade, the organization has shown steady growth in both revenue and assets, with the latest reported revenue at $157,123 and assets at $512,363 in 2023. A key indicator of efficiency is the absence of officer compensation reported across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue in most recent periods, allowing for asset accumulation. For instance, in 2023, expenses were $98,985 against $157,123 in revenue. The NTEE code B82 (Scholarships, Student Financial Aid) aligns well with the organization's name, indicating a clear program focus. The consistent growth in assets, from $278,125 in 2014 to $512,363 in 2023, suggests effective financial management and a growing capacity to fulfill its mission.
Transparency is enhanced by the availability of 14 years of IRS 990 filings, providing a comprehensive historical view of its financial operations. The consistent reporting of zero liabilities in most years, including the latest 2023 filing, indicates sound financial practices and minimal debt burden. Overall, the Carh Scholarship Fund appears to be a well-managed and financially stable organization dedicated to its stated purpose.