Quick charity verification for Clairmont Family Scholarship Fund Inc (EIN: 20412486)
Verdict: Clairmont Family Scholarship Fund Inc appears trustworthy
70/100Mission Score
$104Revenue
$15KAssets
2Red Flags
3Strengths
Red Flags
Inconsistent and very low revenue generation, often insufficient to cover expenses (e.g., 2023 revenue $3, expenses $525).
Assets have slightly declined over time (from $17,289 in 2021 to $15,293 in 2023), suggesting a slow depletion of funds.
Strengths
Zero officer compensation across all filings, indicating a highly volunteer-driven and efficient leadership structure.
Consistent filing of IRS 990 forms, demonstrating transparency.
Maintains a stable asset base (around $15,000-$17,000) despite low revenue, suggesting prudent management of existing funds.
Spending Breakdown
How Clairmont Family Scholarship Fund Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Clairmont Family Scholarship Fund Inc
Is Clairmont Family Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Clairmont Family Scholarship Fund Inc (EIN: 20412486) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Clairmont Family Scholarship Fund Inc a good charity to donate to?
Clairmont Family Scholarship Fund Inc has a Mission Score of 70/100. Revenue: $104. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Clairmont Family Scholarship Fund Inc?
The Employer Identification Number (EIN) for Clairmont Family Scholarship Fund Inc is 20412486. 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 Clairmont Family Scholarship Fund Inc spend its money?
Clairmont Family Scholarship Fund Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Clairmont Family Scholarship Fund Inc's tax-exempt status?
You can verify Clairmont Family Scholarship Fund Inc's tax-exempt status using EIN 20412486 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 Clairmont Family Scholarship Fund Inc. appears to be a very small, volunteer-run organization with minimal financial activity. Its revenue has been consistently low, with the latest reported revenue at just $104 and expenses often exceeding revenue, such as in 2023 where revenue was $3 and expenses were $525. The organization's assets have remained relatively stable, hovering around $15,000-$17,000 over the past decade, suggesting a consistent but not growing endowment or fund base. Given the lack of reported officer compensation across all filings, it indicates a high degree of volunteerism, which is positive for efficiency in terms of personnel costs.
However, the financial data suggests a potential lack of significant program activity or fundraising success. While the low revenue and expenses might indicate a highly focused, niche operation, it also raises questions about the scale of its impact. The organization's transparency is good in terms of filing its 990s, but the limited financial scale means there isn't extensive detail to analyze regarding complex financial operations. The consistent liabilities of $1 in recent years are unusual but not necessarily problematic for an organization of this size.
Overall, the organization demonstrates financial stability in terms of its asset base but struggles with generating substantial revenue to cover even modest expenses in some years. Its reliance on volunteer efforts is a strength, but its ability to grow or significantly expand its scholarship programs appears limited by its current financial inflows.