Is Edith L & H Danforth Ross Scholarship Fund 124 6130894630 Legit?
Quick charity verification for Edith L & H Danforth Ross Scholarship Fund 124 6130894630 (EIN: 16075602)
Verdict: Edith L & H Danforth Ross Scholarship Fund 124 6130894630 appears trustworthy
95/100Mission Score
$113KRevenue
$792KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $382,423 in 2012 to $729,454 in 2024.
Extremely low administrative expenses in most years, indicating high efficiency.
Zero officer compensation reported across all filings, demonstrating strong financial stewardship.
Clear focus on its mission as a scholarship fund, evidenced by the large expense in 2021 likely for disbursements.
Stable financial history with consistent revenue generation.
Spending Breakdown
How Edith L & H Danforth Ross Scholarship Fund 124 6130894630 allocates its funds across programs, administration, and fundraising.
98%
Program Spending
Healthy — majority goes to mission
2%
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 Edith L & H Danforth Ross Scholarship Fund 124 6130894630
Is Edith L & H Danforth Ross Scholarship Fund 124 6130894630 a legitimate charity?
Based on AI analysis of IRS 990 filings, Edith L & H Danforth Ross Scholarship Fund 124 6130894630 (EIN: 16075602) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Edith L & H Danforth Ross Scholarship Fund 124 6130894630 a good charity to donate to?
Edith L & H Danforth Ross Scholarship Fund 124 6130894630 has a Mission Score of 95/100. Revenue: $113K. Assets: $792K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edith L & H Danforth Ross Scholarship Fund 124 6130894630?
The Employer Identification Number (EIN) for Edith L & H Danforth Ross Scholarship Fund 124 6130894630 is 16075602. 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 Edith L & H Danforth Ross Scholarship Fund 124 6130894630 spend its money?
Edith L & H Danforth Ross Scholarship Fund 124 6130894630 allocates 98% to programs, 2% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edith L & H Danforth Ross Scholarship Fund 124 6130894630's tax-exempt status?
You can verify Edith L & H Danforth Ross Scholarship Fund 124 6130894630's tax-exempt status using EIN 16075602 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 Edith L & H Danforth Ross Scholarship Fund demonstrates strong financial health and a clear commitment to its program, primarily scholarship distribution. With assets growing consistently from $382,423 in 2012 to $729,454 in 2024, the organization appears to be a stable and well-managed entity. Its expenses are remarkably low in most years, indicating efficient operations. The significant expense spike in 2021 to $424,311, while revenue was $32,383, suggests a large scholarship disbursement or investment loss in that period, which is a key programmatic activity for a scholarship fund. The organization's consistent reporting of zero officer compensation further enhances its transparency and dedication to its mission.