How Carl And Jessie Summers Scholarship Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Carl And Jessie Summers Scholarship Fund
Is Carl And Jessie Summers Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Carl And Jessie Summers Scholarship Fund (EIN: 203919247) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Carl And Jessie Summers Scholarship Fund a good charity to donate to?
Carl And Jessie Summers Scholarship Fund has a Mission Score of 95/100. Revenue: $1.2M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carl And Jessie Summers Scholarship Fund?
The Employer Identification Number (EIN) for Carl And Jessie Summers Scholarship Fund is 203919247. 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 Carl And Jessie Summers Scholarship Fund spend its money?
Carl And Jessie Summers Scholarship Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carl And Jessie Summers Scholarship Fund's tax-exempt status?
You can verify Carl And Jessie Summers Scholarship Fund's tax-exempt status using EIN 203919247 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 Carl And Jessie Summers Scholarship Fund appears to be a financially stable organization with a strong focus on its program services. Over the past five years, the organization has consistently maintained a healthy asset base, growing from $5.3 million in 2019 to $6.2 million in 2023. Revenue has fluctuated, with a significant spike in 2019 ($4.1 million) likely due to a large donation or endowment contribution, but has otherwise remained robust, averaging over $500,000 annually in recent years. Expenses have generally been well below revenue, allowing for asset growth, though 2023 saw expenses ($403,294) exceed revenue ($291,784), resulting in a slight draw down on assets.
The organization demonstrates excellent spending efficiency, with no reported officer compensation across all available filings, indicating that administrative costs are likely very low and a very high percentage of funds are directed towards scholarships. This commitment to direct program spending is a significant strength. Transparency is also high given the consistent filing of IRS Form 990s and the clear financial data provided, showing minimal liabilities and a focus on asset growth for long-term sustainability of its scholarship programs.