Is Dwight & Virginia Deen Schoeff Scholarship Tr Legit?
Quick charity verification for Dwight & Virginia Deen Schoeff Scholarship Tr (EIN: 206408218)
Verdict: Dwight & Virginia Deen Schoeff Scholarship Tr appears trustworthy
92/100Mission Score
$1.5MRevenue
$2.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating high efficiency and dedication to mission.
Stable asset base over a decade (e.g., $1,710,419 in 2023, $2,054,206 in 2011), demonstrating sound financial management.
Minimal liabilities (consistently $0 or $1), reflecting excellent financial health and control.
Clear alignment between organization name, NTEE code, and financial activities.
Strong program focus due to the nature of a scholarship trust with very low overhead.
Spending Breakdown
How Dwight & Virginia Deen Schoeff Scholarship Tr 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 Dwight & Virginia Deen Schoeff Scholarship Tr
Is Dwight & Virginia Deen Schoeff Scholarship Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Dwight & Virginia Deen Schoeff Scholarship Tr (EIN: 206408218) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Dwight & Virginia Deen Schoeff Scholarship Tr a good charity to donate to?
Dwight & Virginia Deen Schoeff Scholarship Tr has a Mission Score of 92/100. Revenue: $1.5M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dwight & Virginia Deen Schoeff Scholarship Tr?
The Employer Identification Number (EIN) for Dwight & Virginia Deen Schoeff Scholarship Tr is 206408218. 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 Dwight & Virginia Deen Schoeff Scholarship Tr spend its money?
Dwight & Virginia Deen Schoeff Scholarship Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dwight & Virginia Deen Schoeff Scholarship Tr's tax-exempt status?
You can verify Dwight & Virginia Deen Schoeff Scholarship Tr's tax-exempt status using EIN 206408218 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 Dwight & Virginia Deen Schoeff Scholarship Tr appears to be a well-managed scholarship fund with a consistent financial history. Over the past decade, its assets have remained relatively stable, fluctuating around $1.7 million to $2 million, indicating sound stewardship of its endowment. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to its charitable purpose. While revenue has varied, the trust has generally maintained a healthy asset base to support its scholarship activities.
Spending efficiency is high, as evidenced by the absence of officer compensation and the nature of a scholarship trust, where most expenses are direct program disbursements. The organization's liabilities are consistently reported as minimal ($0 or $1), suggesting excellent financial control and no significant debt burden. This financial stability and lack of overhead costs contribute positively to its overall financial health.
Transparency is good, with a clear history of IRS 990 filings showing consistent reporting of financial data. The NTEE code B82 (Scholarship & Student Aid) aligns with its name and likely mission, further enhancing confidence in its operations. The consistent financial reporting and lack of red flags regarding executive compensation or excessive liabilities paint a picture of a transparent and fiscally responsible entity.