Is Haddonfield School District Scholarship And Education Fund Inc Legit?
Quick charity verification for Haddonfield School District Scholarship And Education Fund Inc (EIN: 222610183)
Verdict: Haddonfield School District Scholarship And Education Fund Inc appears trustworthy
75/100Mission Score
$839KRevenue
$3.7MAssets
2Red Flags
4Strengths
Red Flags
Revenue has been highly inconsistent, ranging from $122,000 in 2016 to $648,017 in 2021, making future financial planning potentially challenging.
The organization's total expenses (x) have sometimes exceeded its revenue (r), such as in 2020 ($149,356 revenue vs. $355,225 expenses), indicating reliance on prior year surpluses or investment income.
Strengths
The fund maintains substantial assets, with $3,699,509 in 2023, providing a strong base for long-term scholarship support.
The organization consistently reports 0% lobbying and political campaign activity, ensuring all resources are directed towards its educational purpose.
Assets have shown consistent growth over the years, from $2,517,425 in 2016 to $3,699,509 in 2023, demonstrating sound financial management.
The organization is located in Haddonfield, NJ, suggesting a focused local impact within the community.
Spending Breakdown
How Haddonfield School District Scholarship And Education Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Haddonfield School District Scholarship And Education Fund Inc
Is Haddonfield School District Scholarship And Education Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Haddonfield School District Scholarship And Education Fund Inc (EIN: 222610183) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Haddonfield School District Scholarship And Education Fund Inc a good charity to donate to?
Haddonfield School District Scholarship And Education Fund Inc has a Mission Score of 75/100. Revenue: $839K. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haddonfield School District Scholarship And Education Fund Inc?
The Employer Identification Number (EIN) for Haddonfield School District Scholarship And Education Fund Inc is 222610183. 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 Haddonfield School District Scholarship And Education Fund Inc spend its money?
Haddonfield School District Scholarship And Education Fund Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haddonfield School District Scholarship And Education Fund Inc's tax-exempt status?
You can verify Haddonfield School District Scholarship And Education Fund Inc's tax-exempt status using EIN 222610183 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
Haddonfield School District Scholarship And Education Fund Inc is a education nonprofit based in Haddonfield, New Jersey, with reported revenue of $839K and assets of $3.7M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation is not reported in the provided data, suggesting that key employees may be volunteers or compensated below the reporting threshold, which is a positive indicator for a scholarship fund. Revenue has declined -20% across 13 filing periods.