100% volunteer leadership with 0% officer compensation reported across all filings, maximizing funds for programs.
Extremely low liabilities, consistently reported as $1, indicating strong financial management and minimal debt.
Strong program focus, with virtually all expenses likely directed towards scholarships given the nature of the organization and lack of fundraising/admin costs.
Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
Spending Breakdown
How Ernest Bradstreet 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 Ernest Bradstreet Scholarship Fund
Is Ernest Bradstreet Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ernest Bradstreet Scholarship Fund (EIN: 10532830) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Ernest Bradstreet Scholarship Fund a good charity to donate to?
Ernest Bradstreet Scholarship Fund has a Mission Score of 85/100. Revenue: $4K. Assets: $46K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ernest Bradstreet Scholarship Fund?
The Employer Identification Number (EIN) for Ernest Bradstreet Scholarship Fund is 10532830. 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 Ernest Bradstreet Scholarship Fund spend its money?
Ernest Bradstreet Scholarship Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ernest Bradstreet Scholarship Fund's tax-exempt status?
You can verify Ernest Bradstreet Scholarship Fund's tax-exempt status using EIN 10532830 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 Ernest Bradstreet Scholarship Fund appears to be a small, well-established organization focused on its program services. With consistent revenue fluctuations but generally stable asset levels around $46,000-$63,000 over the past decade, the fund demonstrates a commitment to its mission. The organization consistently reports zero officer compensation, indicating that all operational and programmatic efforts are likely supported by volunteers, which is a strong indicator of efficiency for a small fund. Its liabilities have consistently been reported as $1, suggesting minimal debt and strong financial control. While the revenue has often been less than expenses in several periods (e.g., 202306, 202206, 202006), the fund has maintained its asset base, likely drawing from its endowment to cover scholarship disbursements. The latest filing shows revenue of $4,774 exceeding expenses of $4,473, which is a positive trend.