Is Frank R Williams Scholarship Fund Legit?…

Quick charity verification for Frank R Williams Scholarship Fund (EIN: 208655295)

Spending Breakdown

How Frank R Williams Scholarship Fund allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Frank R Williams Scholarship Fund

Is Frank R Williams Scholarship Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Frank R Williams Scholarship Fund (EIN: 208655295) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Frank R Williams Scholarship Fund a good charity to donate to?

Frank R Williams Scholarship Fund has a Mission Score of 92/100. Revenue: $16K. Assets: $124K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Frank R Williams Scholarship Fund?

The Employer Identification Number (EIN) for Frank R Williams Scholarship Fund is 208655295. 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 Frank R Williams Scholarship Fund spend its money?

Frank R Williams Scholarship Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Frank R Williams Scholarship Fund's tax-exempt status?

You can verify Frank R Williams Scholarship Fund's tax-exempt status using EIN 208655295 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 Frank R Williams Scholarship Fund demonstrates consistent financial health with growing assets and a strong focus on its program services. Over the past seven years, the organization's assets have steadily increased from $41,412 in 2017 to $121,460 in 2023, indicating sound financial management and accumulation of resources. The fund consistently reports zero liabilities, which is a significant strength, showing no debt burden. While revenue has fluctuated, with a high of $30,941 in 2021 and a low of $9,842 in 2020, the organization has managed its expenses effectively, maintaining a healthy surplus in most years. For instance, in 2022, revenue was $24,953 against expenses of $4,904, resulting in a substantial surplus that contributed to asset growth.

The organization's spending efficiency appears very high, as evidenced by the consistent reporting of 0% officer compensation across all filings. This suggests that the organization is run by volunteers, minimizing administrative overhead and maximizing the funds available for its scholarship programs. Given the small scale of the organization (latest revenue $16,387), this volunteer-driven model is highly efficient. The absence of officer compensation also contributes positively to transparency, as it indicates that donor funds are directly supporting the mission rather than executive salaries. The consistent filing of IRS Form 990s over seven periods further demonstrates a commitment to regulatory compliance and financial transparency.

Overall, the Frank R Williams Scholarship Fund exhibits strong financial stewardship, a highly efficient operating model due to its volunteer leadership, and a clear commitment to transparency through its consistent filings and lack of liabilities. Its steady asset growth, despite fluctuating revenues, points to a well-managed and sustainable operation focused on its core mission.

Is Frank R Williams Scholarship Fund Legit?

Verdict: Frank R Williams Scholarship Fund appears trustworthy

Strengths