Is George V Durgin Tuw Fbo Scholarships Legit?

George V Durgin Tuw Fbo Scholarships appears to be a well-managed scholarship fund with a consistent financial history. The organization maintains a healthy asset base, with assets growing from $750,098 in 2012 to $767,992 currently, indicating sound financial stewardship. Revenue has fluctuated, with a notable increase to $265,383 in the latest period, significantly higher than previous years which typically saw revenues in the $34,000-$48,000 range. This suggests a potentially successful fundraising year or a significant one-time contribution. Expenses have generally been in line with or slightly above revenue in prior periods, but the latest revenue figure suggests a strong surplus for the current period, which is positive for future scholarship disbursements. The organization consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a volunteer-driven model, enhancing its transparency and public trust.