Quick charity verification for Inter Lakes Scholarship Foundation (EIN: 222474302)
Verdict: Inter Lakes Scholarship Foundation appears trustworthy
85/100Mission Score
$48KRevenue
$432KAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed program impact reporting beyond financial figures.
Limited public information regarding governance and board oversight.
Strengths
Consistently high percentage of expenses dedicated to programs (71% in 2023).
Healthy asset growth over the past several years, from $272,537 in 2019 to $432,403 in 2023.
No reported fundraising expenses, indicating efficient operations.
AI Transparency Report
Inter Lakes Scholarship Foundation is a philanthropy, voluntarism & grantmaking nonprofit based in Meredith, New Hampshire, with reported revenue of $48K and assets of $432K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 71% of spending goes to programs, 29% to administration, and 0% to fundraising. • Financial data is available through IRS Form 990 filings, but detailed program descriptions and impact reports are not readily accessible on a public website. • The organization's website primarily focuses on scholarship applications and donor information, lacking a dedicated transparency or 'about us' section with comprehensive operational details. Executive compensation is not reported in the available filings, indicating that key employees, if any, are likely compensated below the IRS reporting threshold or are volunteers. Revenue has declined -56% across 9 filing periods.