Is Easy Tedeton Memorial Scholarship Foundation Legit?
Quick charity verification for Easy Tedeton Memorial Scholarship Foundation (EIN: 205297277)
Verdict: Easy Tedeton Memorial Scholarship Foundation appears trustworthy
70/100Mission Score
$16KRevenue
$1KAssets
2Red Flags
2Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) in recent years, such as in 2024 ($14,630 expenses vs. $13,700 revenue).
Significant decline in assets from $24,772 in 2013 to $625 in 2024, indicating depletion of reserves.
Strengths
0% officer compensation reported across all filings, demonstrating a strong commitment to program spending and volunteer leadership.
Minimal liabilities reported ($1 across all filings), indicating no significant debt burden.
Spending Breakdown
How Easy Tedeton Memorial Scholarship Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Easy Tedeton Memorial Scholarship Foundation
Is Easy Tedeton Memorial Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Easy Tedeton Memorial Scholarship Foundation (EIN: 205297277) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Easy Tedeton Memorial Scholarship Foundation a good charity to donate to?
Easy Tedeton Memorial Scholarship Foundation has a Mission Score of 70/100. Revenue: $16K. Assets: $1K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Easy Tedeton Memorial Scholarship Foundation?
The Employer Identification Number (EIN) for Easy Tedeton Memorial Scholarship Foundation is 205297277. 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 Easy Tedeton Memorial Scholarship Foundation spend its money?
Easy Tedeton Memorial Scholarship Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Easy Tedeton Memorial Scholarship Foundation's tax-exempt status?
You can verify Easy Tedeton Memorial Scholarship Foundation's tax-exempt status using EIN 205297277 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 Easy Tedeton Memorial Scholarship Foundation operates on a relatively small scale, with recent annual revenues fluctuating between $13,000 and $21,200. The organization consistently reports minimal assets, with the latest filing showing $625, and negligible liabilities, indicating a lean operational structure. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-driven leadership and a commitment to directing funds towards its mission.
However, the foundation has frequently reported expenses exceeding revenue in recent years, such as in 2024 ($14,630 expenses vs. $13,700 revenue) and 2023 ($18,705 expenses vs. $18,300 revenue). This trend of deficit spending, while not immediately critical given the small scale and low liabilities, could be a concern for long-term sustainability if not managed. The significant decline in assets from a peak of $24,772 in 2013 to $625 in 2024 also warrants attention, suggesting a depletion of reserves over time.
Overall, the foundation demonstrates strong transparency regarding executive compensation and a clear focus on its program, as implied by the lack of officer pay. Its financial health, however, shows signs of strain with consistent operating deficits and declining asset base, which could impact its capacity to fulfill its scholarship mission in the future without increased fundraising or more stringent expense management.